New specialty admitted executive at James River Group
James River Group Holdings has announced that Terry McCafferty assumed the position of president, specialty admitted insurance segment, effective October 19, 2018.
He will report to Robert Myron, president and chief executive officer (CEO) of the Company. Mr. McCafferty will replace outgoing specialty admitted insurance segment President Steven Hartman, who left the company on October 18, 2018.
McCafferty joins the company from Zurich North America, where he was most recently senior vice president, head of group captives and alternative risk. McCafferty has worked for Zurich in a variety of operational and finance roles over a twenty year career, and has over thirty years of experience in the property and casualty insurance industry.
“We are very pleased to have Terry join our company,” said Myron. “He has a wealth of experience in the property and casualty business across a number of disciplines, especially within those lines directly related to our growing fronting and individual risk workers' compensation businesses, and has a strong track record of success in delivering underwriting profit. I am very excited to work with him as we continue to build our franchise.”
Myron added, “I am very appreciative of the efforts of Steve Hartman, who over the last six plus years has grown our specialty admitted segment from basically a mono-line, single state workers' compensation business to a well-diversified segment, including a profitable and growing fronting business. We wish him the very best.”