Accredited Insurance Program Management has announced the appointment of Steven J Bensinger (pictured above) to its group board as a non-executive director, effective Dec. 9. Bensinger will also serve as chair of the audit committee.
With over 45 years of experience in the global insurance sector, Bensinger has held senior roles at companies including AIG, The Hanover Insurance Group, Combined Specialty Group (then part of Aon), Chartwell Re Corporation, and Skandia America Group. He was also a partner in the insurance practice of Coopers & Lybrand, now PwC.
Currently, Bensinger serves as an independent director on the boards of Ariel Re, Kinsale Capital Group, Clearcover Insurance Company, and The Doctors Company Group. Additionally, he is a senior advisor at Howden Re.
Bensinger’s appointment follows the addition of Barbara Bufkin and Patricia Roufca to Accredited’s board as non-executive directors earlier this year.
William Spiegel, CEO of Accredited, noted Bensinger’s extensive background in the insurance and reinsurance sectors.
“His experience leading finance functions in both insurance and reinsurance businesses will be of great value to our board and audit committee,” Spiegel said. “I am delighted that we have established a high-caliber board which reflects Accredited’s significant ambitions, and I look forward to working with Steve, Barbara and Patricia to capitalize on the opportunities ahead.”
Accredited operates globally across the US, UK, and Europe, writing admitted and non-admitted business in all 50 US states. The company writes more than $2 billion in gross premium and holds an A- (Excellent) financial strength rating with a financial size category IX from AM Best.
In August, Accredited also announced a multi-year, multi-strategy capacity agreement with Rokstone, the international re/insurance MGA of the Aventum Group.
This agreement represents a significant step for both companies. Rokstone explained that Accredited's enhanced financial strength and expanded capabilities will support the company in developing its specialty insurance solutions and expanding its market presence.
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