Endurance Specialty has appointed Mark Maritzen as executive vice president and head of commercial property within its US insurance operation.
Maritzen will be responsible for building and leading a new property team with a focus on retail distribution channels. He is joined by Sharon Herbert, vice president, commercial property.
Maritzen is based in Endurance's New York City office, reporting to Doug Worman, chief executive officer of US insurance, with a secondary reporting line to Richard Housley, global insurance property leader.
Maritzen joins Endurance from Tokio Marine Global where he was senior vice president, head of US property. Prior to that, he held a series of management positions at Guy Carpenter in New York from 2005 through 2011, culminating in the role of managing director, head of Guy Carpenter Broking.
Worman said: "Mark's extensive experience in the US property market and his wide network across the broker community will be critical as he and his team quickly build Endurance's presence in this market. This new property unit complements our existing US wholesale portfolio and is a significant step in the expansion of our integrated global property capabilities."
To continue reading, you need a subscription to Intelligent Insurer. Start a subscription today for £655.
In-house feature articles, the archive and expert comment require a paid subscription. Subscribe now.
Want to give it a try? We are offering a two week free trial to the Intelligent Insurer website – register and select “Two Week Free Trial” to begin access to the full Intelligent Insurer archive and read the latest news, features and expert comment. Begin your free trial here.
Is your 2 week free trial about to end? Upgrade to a 12 month subscription for £655 now.
If you have already subscribed please login.
If you have any technical issues please contact support.
Endurance Specialty, Mark Maritzen, Tokio Marine, North America