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The executive joins the specialty start-up from Great American Insurance. -
He replaces Neill Currie, who will assume the role of independent director.
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Mark Gregory will retire next March, while Sara Mitchell will initially join as a strategic adviser.
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The MGA noted a 17%-20% price decline last year and expects similar for 2024.
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Mike Neal and Mark Abate have been elevated to senior leadership roles.
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Ethos’ transactional liability MGU is not included in the deal.
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This publication revealed last year that Ocampo will lead the Colombia unit.
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The estimate is like others in the market, suggesting a relatively small loss from the event.
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She replaces interim COO Kirk Maddern, who retires at the end of the year.
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The duo have several years’ experience in specialist construction risk.
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Chris Caponigro will be responsible for expanding Axa XL’s product offering and investor base.
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The hurricane has led to a “surge” in insurance claims related to floods, according to the IBC.
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