Division is seeking to turn out to be a $100 million enterprise in 5 years
Aventum-owned managing normal agent (MGA) Rokstone has introduced the appointment of Mike Nukk (pictured above) as head of marine.
With a profession spanning over twenty years within the marine insurance coverage sector, Nukk brings a wealth of expertise to Rokstone. Previous to his function at AIG, he spent twenty years at Liberty, together with his most up-to-date place being senior vice chairman, international marine observe chief and marine chief underwriting officer at Liberty Mutual Insurance coverage. Throughout his time at Liberty, he additionally labored in London for seven years because the vice chairman of marine, EMEA at Liberty Particular Markets.
In his new function at Rokstone, Nukk will spearhead the expansion of the marine portfolio in North America, with an formidable aim to ascertain it as a$100 million enterprise inside 5 years, with a selected concentrate on middle-market North American enterprise.
“We’re very excited to have Mike on board. There’s a evident want for experience and superior transactional execution within the center market marine house,” stated James Potter, CEO of Rokstone. “It’s an space of the market that’s been seen as cumbersome and ignored by carriers – a ‘white spot’ that has immense potential for a nimble and environment friendly MGA like Rokstone.
“Along with Mike’s experience and supported by A rated capability, we’ll dominate this house out there. Mike is likely one of the most skilled and educated marine underwriters on the planet and we’re delighted to be working with him [to] discover and develop this thrilling alternative.”
Nukk will likely be primarily based in New York and is about to affix Rokstone later this month after finishing his discover interval with AIG, the place he served as head of marine for North America for almost 5 years. This appointment additionally intently follows the latest addition of Jordan Lanford as head of aviation, additionally beforehand from AIG.
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