NormanMax Insurance coverage Holdings, the US based mostly parametric insurance coverage and reinsurance group that’s the operator of the primary pure-parametric syndicate at Lloyd’s, has introduced the hiring of Jonathan Friedland from Common Property & Casualty Insurance coverage Firm (UPCIC).
Friedland has joined the parametric insurance coverage and reinsurance underwriting specialist as an Assistant Vice President and the agency’s Advertising Supervisor.
Friedland’s connectivity inside the unbiased company neighborhood and his expertise performing as the first level of contact for insurance coverage brokers throughout a lot of Florida’s most hurricane uncovered counties can be helpful to NormanMax as the corporate appears to be like to develop its parametric danger portfolio.
He had labored at UPCIC since 2007, having joined the corporate as a senior underwriter, earlier than going by plenty of roles on the insurer and changing into its advertising director for South Carolina first, then its regional advertising supervisor for Florida.
It’s price remembering that NormanMax founder Brad Meier was the Chairman, President and CEO of Common throughout greater than 20 years, so might have labored with Friedland earlier than.
The corporate stated, “With a confirmed historical past of increasing markets throughout the Southeastern US, Jonathan will play a key function in driving progress and reaching our enterprise targets.”
NormanMax launched and received market approval for its dedicated parametric syndicate 3939 at Lloyd’s earlier this year, since when the agency has been on a hiring spree to build-out its parametric experience and the gross sales drive required to originate extra underwriting alternatives.