Palomar appoints C-Suite executives

Palomar Holdings, which has a Bermuda-based re/insurer, said it had appointed Tim Carter as Chief People Officer and Rodolphe “Rudy” Herve as Chief Operating Officer, effective.  

The specialty re/insurer said Carter, a former US Marine Corps captain, has more than 20 years of executive leadership experience in human resources, operations, and sales functions and joined Palomar from LPL Financial where he served for ten years as Senior Vice President, Human Resources. 

Herve joins Palomar from SCOR, where he was global head of P&C Operations after previously holding the position of CEO of North America and Chief Transformation & Operations Officer for their Specialty Insurance division. Prior to SCOR, Mr. Herve held various leadership roles at QBE North America, leading their expansion into Specialty lines of business. 

 “We are thrilled to welcome Tim and Rudy to Palomar as we expand our leadership team to effectively manage our profitable growth and execute our Palomar 2X strategy,” commented Mac Armstrong, Palomar’s chairman and chief executive officer. “Our ability to attract such accomplished executives like Rudy and Tim is a testament to not only our success to date but also and more importantly the opportunity that lays ahead.  We believe Tim and Rudy’s extensive experience will be invaluable as we continue to grow and will further enhance our ability to build Palomar into a leading specialty insurer.”

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