22 December 2015 Insurance

Ironshore names CEO of US subsidiary

Bermuda-based insurer Ironshore has appointed Anthony DeSantis as chief executive officer (CEO) of Wright & Co, a wholly-owned subsidiary in its US holdings group.

DeSantis will be responsible for leading Wright & Co’s existing direct to consumer platform, as well as building upon the small to medium enterprise initiative, according to the firm.

He will be based in the company’s Wilmington, Delaware headquarters, reporting to Shaun Kelly, CEO of Ironshore US operations.

DeSantis has worked in the industry for 35 years and has particular expertise in personal lines and direct marketing. He joins Ironshore from Farmers Insurance where he served as president of personal lines for three years, overseeing product development, underwriting and claims management.

Prior to that, he was president and CEO of 21st Century Insurance following its acquisition by Farmers Insurance Group of Companies. DeSantis has also held various senior management positions during his 20-year tenure with American International Group (AIG).

Wright & Co was acquired by Ironshore in 2014. It is a programme administrator that provides professional liability and employee benefits coverages to employees of the US Government, focusing on law enforcement personnel and national security department operations.

“Ironshore is pleased to have Tony take the helm at Wright & Co as Ironshore looks to expand its program offerings in the specialty personal lines and small to medium enterprise sectors,” said Kelly.

“Many of us have had the opportunity to work with Tony in the past so we welcome his leadership and keen market insight to further Ironshore’s industry presence.”

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