AM Specialty Insurance coverage Firm (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 government management positions within the US and internationally. His monitor report in constructing worthwhile development in specialty markets and his proficiency in structuring reinsurance placements to help enterprise initiatives will present invaluable insights to ASIC’s management workforce, the corporate stated.

Beforehand, Smith served because the CEO of Danger Concept Insurance coverage Companies, a managing normal company platform that generated over $500 million of gross written premium. Previous to that, he served as President at Skyward Specialty (previously Houston Worldwide Insurance coverage Group), a specialty insurance coverage provider specializing in admitted and extra and surplus strains.

Smith has additionally served as CEO of the UK subsidiary of Worldwide Common Insurance coverage Firm. Throughout his tenure, Smith efficiently developed and executed a marketing strategy that resulted in vital development throughout a number of specialty strains.

“We’re delighted to have Peter be part of our board,” stated Shevawn Barder, CEO of ASIC. “His huge expertise, enterprise acumen, and management capabilities make him an distinctive addition to our workforce. We sit up for leveraging his insights to information ASIC’s strategic initiatives and reinforce our dedication to being a dependable and agile accomplice for MGAs and brokers.”

Smith is the newest 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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