Stonybrook appoints former AIG as COO, general counsel
Insurance-focused advisory and investment firm Stonybrook Capital has hired Paolo Grassi as new COO and general counsel.
Grassi joins Stonybrook Capital from private practice, where he advises companies in the insurtech space at various stages of development, structures cross border transactions and serves in private corporate boards. He has previously worked at AIG where he served in M&A roles and led legal, compliance, regulatory and corporate affairs teams across 5 continents.
As COO, Grassi will lead operations and direct Stonybrook’s legal and administrative functions.
“Paolo is a seasoned and trusted leader who consistently delivers results," said Joseph Scheerer, Stonybrook Capital’s CEO and founder. "He joins Stonybrook Capital with a wealth of operational and legal management experience in the insurance industry and in the practice of law.
"We are thrilled to have a steady hand at the operational helm as we continue to expand our product line and broaden our customer base.”
Grassi added: “I am incredibly energized by the opportunity to lead Stonybrook’s operations and its legal function at this critical stage of the company’s growth, innovation and product diversification."
Make sure you are GDPR compliant and confirm your email address to keep getting our daily emails
More of today's news
Fairfax mulls Advent-Brit synergies at Lloyd’s as it faces 'considerable challenges'
Cat models are accurate – as long as the hurricane is ‘conventional’
Markel overhauls leadership; hires ex-Chubb COO to accelerate growth
Market M&A drives MGA growth as entrepreneurs form start-ups
Everest promotes from within for chief claims officer
RSA appoints new head of Dubai operations
LIIBA forms new delegated authority group focused on LM TOM
