May 25, 2010

Dan Guilbert has been named Chief Risk Officer (CRO) at Aviva North America (Chicago), part of global insurance and annuities company Aviva plc. Aviva North America provides shared services to two markets in the region: Aviva U.S.A. and Aviva Canada.

"Managing risk is central to our business and to our ability to deliver prosperity and peace of mind to our customers," said CEO Igal Mayer in a press release about Guilbert’s appointment. The Risk group previously reported into the company's Finance function, but has been separated out and now reports directly to the North America CEO. "This appointment speaks to the increased importance of the Risk function to Aviva. By creating a separate regional Risk function and selecting a seasoned professional like Dan Guilbert to lead the team and serve on the North America executive team, we're sending a clear message internally and externally that we will consider risk in all decisions we make," he added.

Most recently, Guilbert served as Chief Actuary and Risk Officer for The Hartford Life Insurance Co. For Aviva North America, he will be responsible for bringing together all aspects of risk – enterprise, financial, operation and regulatory, life insurance and property/casualty – under one function, allowing for an aggregate view across all the company's major risk categories. Guilbert also will work closely with Robin Spencer, CRO for Aviva plc.

ABOUT THE AUTHOR
Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & ...