SCOTTSDALE, Ariz.--(BUSINESS WIRE)--A twenty-five-year veteran of financial services and recent CFO within Global Atlantic insurance company, David Rosenzweig has been appointed Chief Financial Officer of Ategrity Specialty Holdings and its subsidiaries. Rosenzweig, who has been a consultant with the company since last year, now joins the leadership team full-time as Ategrity posts a record 17% annualized return on equity for Q4 2021. Ategrity launched in 2018, focusing on the excess and surplus (E&S) lines market, and in 2021 received $75 million in capital from Sequentis Financial LLC.
“David brings to Ategrity an outstanding breadth of financial expertise and operational transformation,” says Deputy CEO Justin Cohen. “His leadership will continue our drive to even greater performance going forward.”
Rosenzweig’s appointment as CFO is the most recent in a series of new hires bolstering the company’s strength in enterprise risk management (ERM) and best-in-class data and analytics. In 2021, Benjamin Martin, Head of Exposure Management, joined Ategrity from Sompo International, preceded by positions at Insight Catastrophe Group and 11+ years at specialty insurer Hiscox. Ashley Zayas, Ategrity’s new Head of Data, also worked at Hiscox.
Chief Underwriting Officer, Chris Schenk, joined the company in 2021 after tenures at Munich Re and Hiscox.
“We have built one of the strongest teams in the E&S marketplace,” says Mike Miller, Ategrity’s Executive Chairman and Chief Executive Officer. “By responding to market opportunities and optimizing our business model – as well as having superior capitalization supported by Sequentis Financial – Ategrity is positioned for continued growth.”
Ategrity’s offerings include commercial E&S property and casualty business on a primary and excess basis. The company has a Financial Strength Rating of A- (Excellent) from A.M. Best.
About Ategrity
Ategrity is a specialty property & casualty insurance company focused on the excess and surplus (“E&S”) lines market. The company is headquartered in Scottsdale, Arizona, and is domiciled in Delaware in the United States. It serves wholesale agents and brokers throughout the U.S. on a contract-binding and individual brokerage account basis. Ategrity has a captive reinsurance company located in Bermuda that will share in the risks of the insurance business. For more information, visit www.ategrity.com.