Specialist captive insurance and reinsurance MGU International Re (I-RE) has announced the appointment of Nate Reznicek (pictured) as head of US distribution. In this role, he will support the growth of I-RE and its RE-PAID product in the United States.
Reznicek most recently served as director of operations at CIC Services, where he led captive practices. He is also part of several industry boards and is a faculty member at the International Center for Captive Insurance Education.
“Nate Reznicek is a tireless advocate for captive ownership in the United States, to which I-RE is equally committed,” said Andy Jeckells, co-CEO. “We work with high-performing mid-market businesses, for which our RE-PAID product has been specifically designed, giving business owners access to the same powerful tools to underwrite their own commercial property and casualty insurance while retaining profits as Fortune 500 companies. Nate will further our ambitious growth program throughout the United States. I’m delighted to have him on board and look forward to working with him.”
“I was immediately impressed with I-RE’s unique RE-PAID product, which allows up to 50% of premium spend to be retained for commercial property and casualty lines with A-rated carriers,” Reznicek said. “I look forward to introducing our turn-key all-in-one integrated product to brokers and captive managers, helping them to diversify their book, expand their offerings, and create significant competitive advantage.”
