AM Specialty bolsters underwriting operation with senior hires
AM Specialty Insurance Company (ASIC), a domestic excess and surplus insurer and accredited reinsurer, has announced the appointment of Dominick Tassone Jr. as Chief Underwriting Officer, and Anne Hoffmans as SVP of Program Underwriting.
Tassone, the newly appointed CUO, holds over four decades of primary insurance experience, having spent the last 25 years managing programs for three large carriers.
This included serving as Vice President of Underwriting for Spinnaker Insurance Company, Executive Vice President, and Head of Programs for Aspen Insurance Group, in addition to various underwriting management capacities at QBE the Americas.
In his new role as ASIC, Tassone will be responsible for the development and maintenance of the firm’s underwriting strategy, division profit and tactical growth, and underwriting standards for program business.
Tassone commented on his new appointment, stating, “I am excited to join the team at AM Specialty Insurance Company, which has a reputation for providing their clients with superior service and innovative product solutions.
“I’m also delighted to work with my new colleagues as we continue to expand the company’s profitable growth and success.”
Meanwhile, Hoffmans, who holds over 15 years of experience in the re/insurance industry, joins ASIC as the new SVP of Program Underwriting.
Before joining ASIC, Hoffmans was a Director of Program Underwriting for the aforementioned Spinnaker Insurance Company.
Prior to this, she worked at State National in program risk management, and at Arch Insurance, primarily as a ceded reinsurance buyer.
Hoffmans is also a graduate of the University of Notre Dame and a holder of CPCU and ARe designations.
She commented on her new role, stating, “I am very happy to be joining AM Specialty Insurance Company, and look forward to working with the team to develop and implement underwriting strategies that will further enhance the exceptional services provided to our clients.”
Shevawn Barder, CEO of AM Specialty Insurance Company, added, “We are thrilled to welcome Dominick and Anne to our team.”
“Their expertise and experience will be invaluable as we continue to expand our business and offer innovative fronting solutions, risk-sharing, and reinsurance capacity to our clients.”