Former Ascot Re CEO John Berger has joined Coaction Specialty Insurance Group as chairman of the board of directors. He replaces previous chairman Stan Galanski, who has held the position since August 2021. With more than three decades of experience in global (re)insurance leadership, Berger will support Coaction’s management team in evaluating its strategic direction and achieving its objectives. Before retiring from Ascot Re in 2021, he was the founding chairman and CEO of Third Point Reinsurance. Prior to that, Berger served as CEO of reinsurance and vice chairman of the board for Alterra Capital, and he was the CEO and president at Chubb Re. He holds an undergraduate degree in Economics from Princeton University, an MBA from Rutgers University, and a Chartered Property Casualty Underwriter certificate. Commenting on the appointment, Jonathan Ritz, CEO of Coaction, says: “I am pleased to welcome John Berger, who brings a track record of success leading modern, global companies in our industry and whom we hold in the absolute highest regard. “I am confident we are in good hands with John’s leadership providing stability and guidance to Coaction in the years ahead.” Berger states: “I look forward to working with Jonathan to advance the organisation’s franchise value further and deliver exceptional results for our stakeholders.”
