NEW YORK, May 9, 2014 /PRNewswire/ — Crum & Forster is pleased to announce three key appointments to its leadership team at CoverXSpecialty, a member of the Crum & Forster Enterprise that specializes in coverage for business with unique risks.
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Sam Anderson, a 32-year veteran of the insurance industry, has been named senior vice president of the newly developed Niche Marketing business segment. Anderson most recently served as president of marketing for Colony Specialty after serving in leadership roles at GenStar and Argonaut Specialty. His strengths include Excess and Surplus (E&S) underwriting, distribution management, and production expertise. He will oversee Security, Binding, Life Sciences, Oil and Gas, and Small Business Units for CoverXSpecialty.
Mark St. Aoro, another seasoned veteran of the insurance industry, has been named vice president in a newly created role heading the Analytics Group at CoverXSpecialty, where he will have oversight of R & D, Modeling, Audits and Forms. Previously, he worked at Torus Insurance Company, and has extensive experience in product development initiatives, technical pricing, coverage analysis and strategic planning.
Both individuals will report to Tom Bredahl, chief underwriting officer for First Mercury, which writes policies produced by CoverXSpecialty. "We are excited to have Sam and Mark join our management team," said Bredahl. "Their experience and vision will help us continue to provide innovative products for the industries that count on our expertise."
Steve Dresner joins CoverXSpecialty as vice president, Primary Group Manager, reporting to Mike Kwan, senior vice president of the Primary Department. Dresner is a skilled insurance and reinsurance professional in Property, Casualty, and Professional Lines and has held various leadership roles across more than 30 years in the industry. He comes to CoverXSpecialty from the Global Insurance Distribution team at Endurance Specialty Holdings. Previously, he worked for both Hartford and GenRe Corporation.
"Steve's broad knowledge of the insurance business will enhance our relationship with producers as we deliver unparalleled customer service," said Kwan. "We are proud to bring people like Steve on board who bring both talent and dedication to our team."
CoverXSpecialty is a member of the Crum & Forster Enterprise, part of Fairfax Financial Holdings Limited, comprised of leading and well-established property and casualty business units. The insurance companies within the Enterprise, rated A (Excellent) by A.M. Best Company, are: United States Fire Insurance Company, The North River Insurance Company, Crum and Forster Insurance Company, Crum & Forster Indemnity Company, Crum & Forster Specialty Insurance Company, Seneca Insurance Company, Inc., Seneca Specialty Insurance Company, First Mercury Insurance Company, and American Underwriters Insurance Company. For more information visit www.cfins.com.
Contact:
Euna Kwon
973-490-6998