Tennessee Hires New Captive Assistant Director
The Tennessee Division of Commerce and Trade introduced it has named Daniel Clements as assistant director of the Captive Insurance coverage Part.
Clements is a licensed, licensed public accountant and has executed threat examinations in the private and non-private sector, TDCI mentioned in a information launch. He lately served as director for regulatory, audit, and inner controls for AIG/FortitudeRE, the place he led regulatory efforts for a third-party administrator that oversaw 4.5 million insurance coverage insurance policies. He additionally labored as monetary audit lead analyst for Cigna Well being.
Tennessee is ranked because the sixth-largest captive domicile in america, with 149 captive insurance coverage firms and 352 protected cells, with an annual gross written premium exceeding $1.7 billion, the company mentioned.
Franklin Road Names Allen President of Insurance coverage Providers
Franklin Road, a business actual property and insurance coverage providers agency, named Robert Allen president of its insurance coverage division, based mostly in Tampa.
Allen will oversee a nationwide group that gives business insurance coverage choices, together with program design, market placement, portfolio administration, lender compliance, threat administration and claims advocacy, the agency mentioned.
Allen started his profession as an insurance coverage dealer in South Florida in 1988, with an organization that may finally change into Marsh, one of many world’s largest insurance coverage brokerage and threat administration corporations. He additionally spent 25 years with Willis, together with years as managing associate of its Tampa workplace. In 2015, he was named president of Willis Towers Watson’s Atlanta division.
In 2019, Mr. Allen joined USI, the place he was a apply chief within the firm’s property and casualty division.
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