SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Mar 21, 2022–
A twenty-five-year veteran of monetary providers and up to date CFO inside International Atlantic insurance coverage firm, David Rosenzweig has been appointed Chief Monetary Officer of Ategrity Specialty Holdings and its subsidiaries. Rosenzweig, who has been a marketing consultant with the corporate since final yr, now joins the management group full-time as Ategrity posts a file 17% annualized return on fairness for This autumn 2021. Ategrity launched in 2018, specializing in the surplus and surplus (E&S) traces market, and in 2021 obtained $75 million in capital from Sequentis Monetary LLC.
“David brings to Ategrity an excellent breadth of monetary experience and operational transformation,” says Deputy CEO Justin Cohen. “His management will proceed our drive to even larger efficiency going ahead.”
Rosenzweig’s appointment as CFO is the newest in a collection of recent hires bolstering the corporate’s power in enterprise threat administration (ERM) and best-in-class information and analytics. In 2021, Benjamin Martin, Head of Publicity Administration, joined Ategrity from Sompo Worldwide, preceded by positions at Perception Disaster Group and 11+ years at specialty insurer Hiscox. Ashley Zayas, Ategrity’s new Head of Information, additionally labored at Hiscox.
Chief Underwriting Officer, Chris Schenk, joined the corporate in 2021 after tenures at Munich Re and Hiscox.
“We now have constructed one of many strongest groups within the E&S market,” says Mike Miller, Ategrity’s Government Chairman and Chief Government Officer. “By responding to market alternatives and optimizing our enterprise mannequin – in addition to having superior capitalization supported by Sequentis Monetary – Ategrity is positioned for continued development.”
Ategrity’s choices embody business E&S property and casualty enterprise on a main and extra foundation. The corporate has a Monetary Power Ranking of A- (Wonderful) from A.M. Finest.
About Ategrity
Ategrity is a specialty property & casualty insurance coverage firm targeted on the surplus and surplus (“E&S”) traces market. The corporate is headquartered in Scottsdale, Arizona, and is domiciled in Delaware in the USA. It serves wholesale brokers and brokers all through the U.S. on a contract-binding and particular person brokerage account foundation. Ategrity has a captive reinsurance firm situated in Bermuda that can share within the dangers of the insurance coverage enterprise. For extra data, go to www.ategrity.com.
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CONTACT: Jonathan Wallace
KEYWORD: UNITED STATES NORTH AMERICA ARIZONA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES INSURANCE FINANCE
SOURCE: Ategrity
Copyright Enterprise Wire 2022.
PUB: 03/21/2022 11:41 AM/DISC: 03/21/2022 11:41 AM
http://www.businesswire.com/information/house/20220321005679/en
Copyright Enterprise Wire 2022.