New alternative markets director at Great American Insurance Group

Great American Insurance Group has promoted Thomas Colosi to divisional president, Alternative Markets.

Colosi joined Alternative Markets in 2014 and, since that time, has held numerous leadership roles within the division, most recently serving as divisional senior vice president and chief underwriting officer.

He has 35 years of insurance experience and has deep expertise in underwriting specialty captives and programs.

Prior to joining Great American Insurance Group he was senior vice president and chief underwriting officer at SPARTA Insurance Company from October 2012 to April 2014.

Before that he was assistant vice president at The Hartford from October 2000 to October 2012.

Alternative Markets specialises in niche program business, offering a variety of traditional and risk-sharing program options on an admitted basis. Product offerings include countrywide workers’ compensation, general liability, property, inland marine, auto, and umbrella, as well as a business owners policy (BOP) and package. Programs range from monoline to multiline, with bundled or unbundled services. Alternative Markets is designed to address all needs of a program including underwriting, marketing, claims, actuarial, product, IT, operations services, and more.