28 June 2017Analysis

AF Group hires Patriot Captive Management president to head new division

Holding company AF Group has appointed Eric Halter as director of AF Specialty, a new division which provides fronting capacity and captive solutions.

Halter has over 25 years of experience in the insurance and financial sectors, most recently serving as president of Patriot Captive Management, overseeing its global operations.

AF Specialty provides fronting capacity to insurance carriers, managing general agent, reinsurance intermediaries and captive managers.

In his new role, Halter will partner with entities who are seeking a fronting facility to place well-managed, turnkey property and casualty programmes.

"We are excited to introduce AF Specialty to our portfolio and welcome Eric as our resident expert to develop this new brand," said Lisa Corless, president of AF Group.

"For more than a century, we have built strong partnerships with agents to provide outstanding and innovative service in the workers' compensation space. Today we are offering this same expertise and delivery system to a broader market. Eric's considerable expertise in navigating state insurance and financial regulatory issues and his exceptional knowledge of captives, reinsurance and mergers and acquisitions will serve us well as we build new relationships with insurance partners."