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 development by M&A, partnerships

Applied Underwriters names VP of strategic development

Insurance coverage Information

Ryan Smith

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

In his new function, Holtmeier will collaborate with Utilized’s group in mergers and acquisitions, company alliances and partnerships. The corporate has stepped up acquisitions and partnerships lately, it mentioned in a information launch.

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

“We had set plans in 2023 for the participating of recent 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 notice significant, strategic development, utilizing creativeness and creativity along with the sources our skilled group provides. It is going to show a profitable formulation.”

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

“Gregg has added worth to our development mannequin and can now take part as an integral a part of our growth planning and motion agenda,” Sahara mentioned. “His market data and expertise are belongings 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 business 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 business itself, in addition to longtime executives within the enterprise, have begun to trace Utilized Underwriters’ progress with growing curiosity, given its distinct entrepreneurial spirit, execution prowess and seemingly unparalleled capability to assemble main expertise within the business,” Holtmeier mentioned. “The corporate is thought for valuing a level of autonomy not discovered elsewhere, giving energy and authority all through its group. I’m delighted to be part of this evolving success story.”

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