Seth Patel
3 July 2023Analysis

Alan Gray appoints new CEO

Alan Gray, an advisor to insurers, reinsurers and risk managers, has announced that Seth Patel has assumed the role of chief executive as of July 1, 2023.

He replaces Mike Ceppi, who is standing down from the position.

Alan Gray LLC was established in 1988 as a claims and audit advisory firm. The firm provides data analytics and broad audit services, including claim, forensic accounting, underwriting and legal bill auditing, reinsurance identification and collections and risk management services to clients including leading insurers and reinsurers, MGAs, self-insured corporations, and public entities.

“Seth is a seasoned insurance leader with an ideal mix of industry and consulting experience to lead Alan Gray into its next phase of growth,” said Bill O’Farrell, chairman of Alan Gray. “I am confident that Seth and our talented Alan Gray team will continue to seize market opportunities and build on its outstanding track record of service to its clients.”

Chairman O’Farrell also noted, “I want to personally thank Mike Ceppi for his service and leadership at the helm of Alan Gray. He guided the organisation with a steady hand and was instrumental in building Alan Gray into a highly respected, trusted partner for its clients. We look forward to continuing to work with Mike in the years ahead.”

Mike Ceppi noted, “I’m very proud of the talented team I had the privilege of working with at Alan Gray. I would like to thank our clients whose support made possible our success in growing the firm over the years. Alan Gray has adapted to ever changing markets with an uncompromised commitment to client service, satisfaction, and results. I look forward to working with Alan Gray as a senior advisor and continuing to contribute to its future success.”

Incoming chief executive Patel has more than twenty years of broad industry experience focused on leadership, strategy, and analytics, including underwriting, claims and reinsurance analytics, capital modelling, ERM, and capital markets/ILS, while working for leading insurers, reinsurers, and consulting firms.