Business vet will assist information firm’s progress by way of M&A, partnerships
Utilized Underwriters has introduced the appointment of Gregg Holtmeier as vice chairman of strategic growth.
In his new position, Holtmeier will collaborate with Utilized’s workforce in mergers and acquisitions, company alliances and partnerships. The corporate has stepped up acquisitions and partnerships not too long ago, it stated in a information launch.
Steve Menzies, chairman of Utilized Underwriters, stated the corporate’s growth and community progress have exceeded expectations.
“We had set plans in 2023 for the partaking of latest companions, for acquisitions and for the institution of different alliance-styled offers, however we couldn’t have anticipated the response from our initiatives within the market,” Menzies stated. “As it’s getting extra vigorous, now we have employed Gregg Holtmeier to assist blueprint and notice significant, strategic progress, utilizing creativeness and creativity along with the assets our skilled workforce affords. It’ll show a successful formulation.”
Jamie Sahara, president of Utilized Underwriters, stated that Holtmeier already has a protracted relationship with the corporate as an adviser and guide.
“Gregg has added worth to our progress mannequin and can now take part as an integral a part of our growth planning and motion agenda,” Sahara stated. “His market information and expertise are belongings that he brings to the method uniquely, spanning the expanded spectrum of our pursuits, notably in reinsurance. We welcome him enthusiastically.”
Holtmeier has been within the insurance coverage and reinsurance business since 2000. Previous to becoming a member of Utilized, he held management roles at corporations together with BMS, Man Carpenter and JLT. He has additionally served on a number of boards.
“The business itself, in addition to longtime executives within the enterprise, have begun to trace Utilized Underwriters’ progress with rising curiosity, given its distinct entrepreneurial spirit, execution prowess and seemingly unparalleled potential to assemble main expertise within the business,” Holtmeier stated. “The corporate is thought for valuing a level of autonomy not discovered elsewhere, giving power and authority all through its group. I’m delighted to be part of this evolving success story.”
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