To oversee its newly launched public entity program, Aurenity has officially announced the hiring of Kevin Thommes as executive vice president (EVP) to spearhead the new practice.
Thommes transitions to Aurenity from Old Republic Specialty, where he served as vice president of alternative risks and managed a significant client base within the public entity and educational sectors.
His background includes a previous role as director of public entity at Safety National, in addition to claims and underwriting positions within the industry at Brit USA. Prior to this, Thommes worked as a general liability claims representative for Travelers and as a claims representative for The Hartford.
Douglas Trainor, Aurenity’s chief underwriting officer (CUO), commented on Thommes’ appointment, highlighting his nearly two decades of experience in the public entity sector.
“Kevin brings nearly 20 years of experience building and managing portfolios of public entity business profitably. He has a wealth of pricing and product expertise in this complex market with a strong distribution following,” Trainor said.
Echoing this sentiment, Nick Davies, CEO of Aurenity, expressed enthusiasm about Thommes joining the team.
“We are delighted to welcome Kevin to our growing platform,” Davies said. “We continue to execute on our strategy of enabling market-leading talent with cutting-edge pricing technology for a better view of risk.”
The excess & surplus (E&S) managing general agent (MGA) Aurenity also recently partnered with Vantage Risk and its Vantage Risk Specialty Insurance Company. The partnership is set to enhance Aurenity’s offerings, introducing a blend of individual and pooled coverage solutions on an excess basis, with casualty limits reaching up to $5 million.
The initiative will not only focus on public entities but also aims to selectively engage with educational institutions, higher education, and other non-profit organizations.
Elsewhere in the E&S market, Zurich North America made a similar move in bolstering its excess & surplus financial lines with the appointment of Carrie Goesel as head.
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