At-Bay appoints new president of insurance coverage

Insurtech At-Bay has introduced the appointment of Ken Riegler (pictured above) as president of At-Bay Insurance coverage.

Riegler brings over 25 years of expertise in business underwriting, different danger administration, and distribution. His most up-to-date position was as president of North America basic insurance coverage, retail, and subject operations at AIG, the place he managed a various, multi-billion greenback portfolio together with property, casualty, monetary strains, and specialty.

He additionally beforehand served as president of North America casualty for XL Catlin (now AXA XL) and as president of ACE Group’s multinational shopper group for North America (now Chubb).

At-Bay’s CEO and co-founder, Rotem Iram, expressed enthusiasm for Riegler’s appointment, citing his expertise in scaling profitable insurance coverage organizations and merchandise as essential for At-Bay’s progress and growth within the insurance coverage sector.

In his new position, Riegler will give attention to enhancing At-Bay’s place within the extra and surplus (E&S) insurance coverage market and strengthening relationships with dealer companions and purchasers.

He may also work alongside Kristie Felton, head of insurance coverage, who will proceed to supervise underwriting, partnerships, and subject operations, supporting the corporate’s enlargement efforts.

Riegler commented on his new place, emphasizing At-Bay’s repute for innovation and repair within the trade. He highlighted the corporate’s integration of AI, machine studying know-how, and cybersecurity experience as key components positioning At-Bay as a number one supplier of cyber insurance coverage and InsurSec options.

Moreover, Riegler will be part of the board of administrators of At-Bay Specialty Insurance coverage Firm, the corporate’s E&S provider.

Early final yr, the insurtech made headlines because it introduced that it has grow to be a full-stack insurance carrier, because of its acquisition of At-Bay Specialty Insurance coverage Firm from XL Insurance coverage America.

Domiciled in Delaware, At-Bay Specialty Insurance coverage Firm is an extra and surplus strains P&C insurer licensed in 44 states.

The transfer to a full-stack provider will enable it to higher serve its policyholders in addition to expedite its deliberate product enlargement into further specialty strains, At-Bay acknowledged.

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