New York, August 8, 2022 /PRNewswire/ — Obsidian Insurance Group (“Obsidian”), focused on growing and supporting specialty insurance programs, today announced the appointment of an insurance industry veteran. Scott Palladino As Chief Business Development Officer.
William JewettObsidian CEO commented:Scott Palladino A great addition to our leadership team. His extensive underwriting and business development experience in the program area, as well as his extensive network within the industry, are among his many factors that make Scott a great addition to his Obsidian. Two and a half years ago. ”
Jewett continues: He’s a great complement to an already formidable team. ”
“I am honored and excited to be joining Obsidian,” he said. Scott Palladino“I am very impressed with what Obsidian has achieved. They have built a hybrid fronting carrier with top-class underwriting and operational capabilities in a relatively short period of time. We look forward to making a meaningful contribution to its success.”
Most recently, Mr. Palladino held a similar role at Clear Blue and was one of the first members of its management team. He started his career at Liberty Mutual, where he held various property and casualty underwriting and management positions over the course of 22 years. Later, Scott held executive positions at Sompo Japan Nipponkoa, including CUO and Vice President of Professional Operations. He was also a member of the Sompo Marine and Fire Company Board of Directors and a member of the US Mergers and Acquisitions team.
Obsidian Insurance Group has an ‘A-‘ financial strength rating from AM Best and has invested heavily in building its infrastructure and team to expand its hybrid fronting business partnership. We leverage the strong technical expertise of the Obsidian team and work closely with our insurance and reinsurance partners. regarding program development and implementation;
About Obsidian
Obsidian Insurance Holdings, Inc. is an insurance holding company with accredited and non-accredited insurance company subsidiaries that manage general agents, manage general underwriters, and issue policies underwritten by program managers. Obsidian sources, underwrites and manages a diversified portfolio of property and casualty insurance, property and casualty insurance and specialty insurance programs and reinsures the majority of its business to select reinsurers. Obsidian was founded in 2020 in partnership with leading insurance industry executives and Genstar Capital. For more information, please visit www.obsidianspecialty.com.
contact: Chris Tofari
Chris Tofari Public Relations
914-834-4334
Source Obsidian Insurance Holdings, Inc.
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