ASIC names non-executive director | Insurance Business America

AM Specialty Insurance Company (ASIC) has introduced the appointment of Peter B. Smith as a non-executive director.

Smith has greater than 30 years of business expertise, having held govt management positions within the US and internationally. His observe report in constructing worthwhile progress in specialty markets and his proficiency in structuring reinsurance placements to assist enterprise initiatives will present invaluable insights to ASIC’s management group, the corporate stated.

Previously, Smith served because the CEO of Risk Theory Insurance Services, a managing basic company platform that generated over $500 million of gross written premium. Prior to that, he served as President at Skyward Specialty (previously Houston International Insurance Group), a specialty insurance coverage service specializing in admitted and extra and surplus strains.

Smith has additionally served as CEO of the UK subsidiary of International General Insurance Company. During his tenure, Smith efficiently developed and executed a marketing strategy that resulted in important progress throughout a number of specialty strains.

“We are delighted to have Peter join our board,” stated Shevawn Barder, CEO of ASIC. “His vast experience, business acumen, and leadership capabilities make him an exceptional addition to our team. We look forward to leveraging his insights to guide ASIC’s strategic initiatives and reinforce our commitment to being a reliable and agile partner for MGAs and brokers.”

Smith is the most recent addition to ASIC’s roster. In January, the corporate introduced three key hires: Dominick Tassone Jr. as chief underwriting officer, Anne Hoffmans as senior vice chairman of program underwriting, and Renee Montgomery as chief monetary officer.

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