Beechwood Re reported that David Lessing has joined the Beechwood family of companies.
According to a company release, Lessing has been appointed Executive Vice President at Beechwood and will be Head of Global Product Development and Distribution.
"David joining the company is an important milestone for our firm," said Mark Feuer, CEO of Beechwood. "His capabilities and background are a perfect fit to complement and accelerate the growth of our global investments business."
Scott Taylor, President of Beechwood, said, "We cannot be more thrilled to have David Lessing join the team. In our minds there are few people more capable of building a world-class distribution platform to support our industry leading investment products. Additionally, as a valued partner Mr. Lessing will bring enormous value to our reinsurance products as well."
Lessing was previously with Morgan Stanley. He also served at Marsh and Merrill Lynch.
The Beechwood companies provide life and annuity reinsurance to primary insurance companies.
Lincoln Financial Group Releases 2Q Earnings
Hartford Steam Boiler Implements Guidewire System for Claims Management
Advisor News
- Advisors must lead the policy risk conversation
- Gen X more anxious than baby boomers about retirement
- Taxing trend: How the OBBBA is breaking the standard deduction reliance
- 6 in 10 Americans struggle with financial decisions
- New Trump administration rule seeks to bail out private equity, credit with workers’ 401(k) savings
More Advisor NewsAnnuity News
- CT commissioner: 70% of policyholders covered in PHL liquidation plan
- ‘I get confused:’ Regulators ponder increasing illustration complexities
- Three ways the Corebridge/Equitable merger could shake up the annuity market
- Corebridge, Equitable merge to create potential new annuity sales king
- LIMRA: Final retail annuity sales total $464.1 billion in 2025
More Annuity NewsHealth/Employee Benefits News
- NBC NEWS: 'HOSPITAL COSTS ARE RISING FAR FASTER THAN INFLATION AND DROWNING AMERICANS IN DEBT'
- Following the fiduciary standard when discussing Medicare
- Judge gives UnitedHealth until April 29 to hand over AI claim denial docs
- OPINION: Patients are often left ‘out of network’ as hospitals, insurers clash over cost
- Caregiver crisis impacting LTC services
More Health/Employee Benefits NewsLife Insurance News
- Nationwide enters centennial year stronger than ever
- AM Best Affirms Credit Ratings of Mutual of Omaha Insurance Company and Its Subsidiaries
- AM Best Affirms Credit Ratings of CMB Wing Lung Insurance Company Limited
- AM Best Upgrades Issuer Credit Ratings of Federated Mutual Group’s Members; Affirms Credit Ratings of Affiliates
- AM Best Affirms Credit Ratings of MetLife, Inc. and Its Life/Health Subsidiaries
More Life Insurance News