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7 September 2023 Insurance

Palomar launches environmental unit under ex-Aon/AIG hire

US specialty insurer Palomar Holdings has hired an environmental underwriting veteran from CapSpecialty, with a background at Aon and AIG, to expand its casualty franchise.

The insurer has appointed Brian Pushic (pictured) as vice president, casualty underwriting, head of environmental. He will be responsible for launching the company’s environmental practice.

Pushic has more than 15 years of experience in the environmental insurance industry. He joins Palomar from CapSpecialty where he was Head of environmental and managed an underwriting division focused on environmental casualty and monoline pollution business. Prior to CapSpecialty, he held positions at Aon and AIG.

Mac Armstrong, chairman and chief executive officer of Palomar, said: “I am thrilled to welcome Brian to the Palomar team. Brian brings tremendous industry experience in the environmental sector and his expertise allows Palomar to enter another niche casualty market.

“Brian and the environmental practice will prove a meaningful contributor to our Palomar 2X strategic plan. We are fortunate to have such an experienced and talented professional in Brian leading our foray into the environmental sector.”

Pushic commented: “I am very enthusiastic about joining the Palomar team as we work to build the environmental practice. Palomar’s existing infrastructure, advanced data and analytics and reinsurance expertise will enable our team to build this new business segment and go to market quickly.”

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