Advisen founder to lead CGSC North America
Cooper, Gay, Swett & Crawford (CGSC) has appointed Thomas Ruggieri as chief executive officer (CEO) and president of North American operations.
Ruggieri replaces Shaun Hooper who will return to CGSC’s headquarters in London as group chief commercial officer.
Based in New York, he will report to Toby Esser, CEO of the CGSC Group.
Ruggieri began his career at Marsh & McLennan, developing numerous specialty products and practices, including Marsh’s Global Broking Division, its professional liability & financial guarantee practices and its tech risk offerings.
He also founded the broker’s small business managing general agent (MGA) SAFE facility.
In 2001, Ruggieri founded Advisen, a provider of commercial insurance data and analytics of which he was CEO and chairman.
Esser said: “I am delighted to welcome Tom to CGSC. As Swett & Crawford celebrates a century of leadership in the wholesale insurance industry, Tom represents our continued commitment to building upon our heritage of excellence and delivering a differentiated and competitive portfolio of products and services to our clients.
“Tom has the traditional broker experience to manage our everyday business, combined with the ability to develop market innovations, and serve as a both a trusted advisor to our clients and as a source of great support and inspiration to our professionals.”
“Bringing growth and stability to our platform in North America has been critical to delivering our strategy and we are very grateful for Shaun’s excellent leadership of our North American Business and for fulfilling that aim. I am very pleased to welcome him back to a central group role in line with our intention to build our executive leadership team. Shaun’s experience and his success developing our business in North America make him an invaluable leader for our strategy of ongoing growth and development across the global CGSC group.”
Mr Ruggieri said: “Having served on the professional services, MGA and the broking sides of this industry, I can see what CGSC does well and how we can do even more. I look forward to bringing that experience to CGSC and to working with the CGSC team. In particular I am eager start Swett & Crawford down the path of its next 100 years.”
