AssuredPartners looks to accelerate growth with new CFO hire
Florida-based property/casualty broker AssuredPartners has hired a new chief financial officer from insurer Chubb.
Mark Hammond (pictured) will take up the CFO position from March 2.
In his new role, Hammond will be responsible for propelling AssuredPartners' financial planning, analysing financial performance and implementation of financial strategies. He will report to chief executive officer (CEO) Jim Henderson, and work closely with the broader executive team.
Hammond comes to AssuredPartners with over 30 years of experience in finance and over 20 years dedicated to the insurance industry in both domestic and global affairs.
He most recently held the role of deputy CFO at Chubb Group. Prior to that, he held the roles of global treasurer for Chubb Group and CFO for Chubb European Group based in London. In these roles, he was responsible for setting functional strategy, financial planning, capital management and debt capital markets along with responsibility for treasury and tax operations.
“Mark will be a great addition to the leadership team and will work to execute the company’s priorities, accelerate growth and augment our financial structure,” said Henderson. “He is an accomplished leader, and his significant financial experience and knowledge are a major asset that will add to the future success of AssuredPartners.”
Randy Larsen, president of AssuredPartners, added: “We are pleased to welcome Mark to AssuredPartners. His expertise in the insurance industry leverages the company for greater financial growth and sustainability. Having such experience will add insight to our growing business model and continue to enhance the company overall.”
Paul Vredenburg, chief operating officer (COO) and chief acquisitions officer (CAO) said: “Mark will be a key voice as we continue to build a cohesive tone of collaboration at the top of AssuredPartners. Mark will work closely across all business functions to provide sound financial guidance regarding execution of our operational, acquisition and integration strategy.”
Hammond stated: “It’s an exciting time at AssuredPartners and I am thrilled to join an organisation that is continuing its momentum as one of the fastest growing insurance brokers in the country. I look forwarding to getting started and working with the rest of the leadership team.”
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