February 7, 2017 – Hamilton Square, NJ – Berkley Accident and Health, a W. R. Berkley Company®, announced several organizational changes and promotions that will better align its Medical Stop Loss and Group Captive operations with external customer and market needs.
Jim Hoitt, formerly Vice President of Sales, has been named Senior Vice President of the Captive segment. In his new role, Hoitt will lead the sales, underwriting, and account management efforts for the company’s rapidly growing Medical Stop Loss Group Captive solution. Reporting to him are Scott Byrne, Jeff Kandzer, and Shawn Lanter, who all have been promoted to Vice President of Business Development.
Lee Davidson, formerly Senior Vice President of Product Management and Development, has been named Senior Vice President of the Stop Loss segment. In addition to his current duties, Lee will assume responsibility for sales, underwriting, and account management for Traditional Stop Loss distributed through regional producers.
“These changes align our internal operations with external markets, giving each business segment a clear line of sight directly to customers and their needs,” said Christopher Brown, President and CEO of Berkley Accident and Health. “It also positions us well for continued growth. Each business segment can now adapt to changing market needs with greater speed and flexibility,” explained Brown.
Previously, the Stop Loss and Captive areas were organized functionally, with senior leadership spanning across different business segments.
There are no changes to Berkley’s Centralized Stop Loss segment, which distributes Stop Loss through arrangements with institutional producers.
About Berkley Accident and Health
Berkley Accident and Health is a member company of W. R. Berkley Corporation, a Fortune 500 company. Berkley Accident and Health provides an innovative portfolio of accident and health insurance products. It offers four categories of products: Employer Stop Loss, Group Captive, Managed Care (including HMO Reinsurance and Provider Excess), and Specialty Accident. The company underwrites Stop Loss coverage through Berkley Life and Health Insurance Company, rated A+ (Superior) by A.M. Best. For more information, please visit BerkleyAH.com or BenefitsCaptives.com.