24 April 2013 Insurance

ARMtech Insurance Services appoints CEO

Michael Smith has re-joined ARMtech Insurance Services, a wholly-owned subsidiary of Endurance Specialty Holdings, as chief executive officer. He succeeds Ted Etheredge who will be retiring from the company.

Reporting to Jack Kuhn, CEO of Global Insurance for Endurance, Smith was involved in the formation of ARMtech in 1996 and subsequently led the design and development of the company's industry leading technology platform, AgriNet.

Prior to joining ARMtech, Smith began his career at AgriPeril in 1992, which later merged with Crop Growers Insurance, which was acquired by Fireman's Fund Insurance Company.

ARMtech is the fifth largest underwriter of US federally sponsored crop insurance and offers traditional multi peril crop insurance, crop hail, livestock risk protection and other agriculture risk management products through an independent agency network.

“We are very pleased to have Michael return to Endurance given his long tenure in the crop insurance industry and his exceptional knowledge of ARMtech's operations as well as our extensive agent network,” said Kuhn. “We look forward to his leadership as ARMtech continues to be an important contributor to Endurance's insurance business and the company's future growth."

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