MGA reThought Flood appoints COO to fuel growth strategy
MGA reThought Flood, a technology-centric underwriting agency focused on US commercial and residential flood risks, has appointed a new chief operating officer (COO) to implement its growth strategy.
In her expanded role, Catherine Myers (pictured) will continue to oversee reThought’s technology development team and take on additional responsibilities, including high-level management of operational areas such as sales, marketing, and HR.
Myers joined reThought in December 2022 as engineering manager. For nearly 30 years, she has worked primarily as a technology-project consultant, assisting organisations including RBC Wealth Management, Perficient, Be The Match, CAPITA, Hollstadt & Associates, Allina Hospitals & Clinics, United Health, and Deloitte. She began her career as a programmer at Ecolab.
Cory Isaacson, chief executive and founder of reThought Flood, said: “reThought’s rapid development as the leading flood underwriter in the U.S. of course requires an expanded C-Suite, as the workload becomes too much for our existing executive team to handle. Our acquisition of CyberBoxer in August increased our headcount by 50%, for example. To hire a COO of Catherine’s ability, character, charisma, and sheer force of will would usually require a lengthy search and scores of interviews. But we only had to look down the hall to find the best possible candidate.”
Myers said: “I am excited to take on these additional responsibilities. The technical team here, as I found it a year ago, is incredibly and refreshingly competent, which means I have time to focus on other areas. reThought’s vision is enormous but achievable, so working as its head of operations is a superb longer-term vocation. I’d spent my career so far working with different companies to implement specific projects, but the scope and potential of reThought is so great that it’s my obvious place to settle down, take on a longer-term, more holistic role, and sink my teeth in.”
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