James River promotes CEO of specialty admitted insurance

Bermuda-based James River Group Holdings has promoted William “Bill” Bowman to be president and chief executive officer, specialty admitted insurance.

Bowman joined the company in 2019 as senior vice president, programme management, and has led the programme and fronting business within the specialty admitted insurance segment over that period. Bowman will report to Frank D’Orazio, chief executive officer of the company.

“Bill is a very accomplished executive with deep relationships with MGAs, programme managers and high-quality reinsurers, and significant experience delivering profitable growth in the fronting sector,” said D’Orazio. “He has been a critical contributor to our business for many years and I look forward to the opportunity to work with him more closely in his new role.”

“I’m thrilled for the opportunity to lead our specialty admitted segment, including the Falls Lake companies, and very excited to work more deeply with the team and group leadership in this new role,” said Bowman. “Our business has significant momentum as a leader in the programmes and fronting space, an area of significant market opportunity.”

Bowman has over 35 years of property and casualty industry experience. Prior to joining James River in 2019, he spent a number of years in marketing and product management roles at organisations including Farmers, Bankers Financial and Integon.