SterlingRisk appoints president of programs

Independently owned insurance brokerage SterlingRisk Insurance has promoted Geraldine DelPrete to president of programs. Prior to joining SterlingRisk in 2018 as director of programs, senior vice president, DelPrete held senior reinsurance and program development positions at some of the world’s largest insurance brokers.

She began her professional career at the investment banking firm J Henry Schroeder, before launching her reinsurance career at Guy Carpenter & Company, where she held several positions over a 12-year period. She later joined Aon Re, rising to senior vice president of the catastrophe management group, and after six years joined American Re, where she led national accounts.

DelPrete went on to join Willis Re to assist in developing Willis Re’s New York team/business unit. She also served as executive vice president and a member of the Willis Partners Council, co-leading the Global Account Initiative. Prior to joining TigerRisk Partners in 2008, DelPrete was senior executive vice president for Gallagher Re, responsible for leading the US Property and Casualty Treaty Group and successfully assisting with the sale of Gallagher Re to Aon Corp.

SterlingRisk CEO David Sterling said DelPrete’s extensive background in reinsurance/underwriting and deep understanding of programs has directly contributed to the significant growth of the firm’s specialty market business.

“Soon after joining SterlingRisk little more than a year ago, Geraldine moved us in a new direction that continues to prove highly successful to our organization and equally beneficial to our clients,” Sterling said. “Her strategic decision to add an alternative markets platform and reinsurance broker platform has secured impressive results in our key business, including retail and hospitality. Under her direction we have relaunched our real estate program and expanded our other offerings, including the recently-launched Sterling Architects & Engineers. Geraldine combines great vision backed by practical experience and key industry relationships. Everyone at SterlingRisk joins me in congratulating her on her new role.”