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Tuesday, April 16, 2024

Utilized Underwriters names VP of strategic growth




Utilized Underwriters names VP of strategic growth | Insurance coverage Enterprise America















Trade vet will assist information firm’s progress via M&A, partnerships

Applied Underwriters names VP of strategic development


Insurance coverage Information

By
Ryan Smith

Utilized Underwriters has introduced the appointment of Gregg Holtmeier as vice chairman of strategic growth.

In his new position, Holtmeier will collaborate with Utilized’s group in mergers and acquisitions, company alliances and partnerships. The corporate has stepped up acquisitions and partnerships not too long ago, it mentioned in a information launch.

Steve Menzies, chairman of Utilized Underwriters, mentioned the corporate’s enlargement and community progress have exceeded expectations.

“We had set plans in 2023 for the partaking of latest companions, for acquisitions and for the institution of different alliance-styled offers, however we couldn’t have anticipated the response from our initiatives within the market,” Menzies mentioned. “As it’s getting extra vigorous, we’ve got employed Gregg Holtmeier to assist blueprint and understand significant, strategic progress, utilizing creativeness and creativity along with the sources our skilled group presents. It’ll show a profitable components.”

Jamie Sahara, president of Utilized Underwriters, mentioned that Holtmeier already has an extended relationship with the corporate as an adviser and marketing consultant.

“Gregg has added worth to our progress mannequin and can now take part as an integral a part of our growth planning and motion agenda,” Sahara mentioned. “His market information and expertise are property that he brings to the method uniquely, spanning the expanded spectrum of our pursuits, notably in reinsurance. We welcome him enthusiastically.”

Holtmeier has been within the insurance coverage and reinsurance trade since 2000. Previous to becoming a member of Utilized, he held management roles at firms together with BMS, Man Carpenter and JLT. He has additionally served on a number of boards.

“The trade itself, in addition to longtime executives within the enterprise, have begun to trace Utilized Underwriters’ progress with rising curiosity, given its distinct entrepreneurial spirit, execution prowess and seemingly unparalleled skill to assemble main expertise within the trade,” Holtmeier mentioned. “The corporate is understood for valuing a level of autonomy not discovered elsewhere, giving power and authority all through its group. I’m delighted to be part of this evolving success story.”

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