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20 September 2024news

Pivix Specialty starts operations

Pivix Specialty Insurance Services, a managing general agency focusing on the excess and surplus (E&S) lines market, has announced the official launch of its operations. Pivix was founded by a team of E&S veterans, including former Scottsdale Insurance president Mike Miller, who serves as Pivix’s chief executive and president.

Pivix is an E&S platform offering property and casualty coverages for targeted segments. Products will be distributed exclusively through wholesale brokers.

“Pivix is committed to the wholesale marketplace, underwriting excellence, and market-leading technology,” Miller said. “We have a wealth of experience to be able to deliver results for both the wholesale agent and the markets that we will represent.”

Pivix was founded by Mike Miller, Ken Levine, Joe Griffith, and Sandy Vertuno. Miller was previously president of Scottsdale Insurance and has started several other companies.

“I am personally excited to take this step in continuing to deliver solutions to the E&S marketplace,” Miller said. “This exceptional team has all the ingredients to be successful.”

Levine, Pivix’s chief financial officer and chief actuary, joined Nationwide’s executive team as chief actuary of Scottsdale and went on to serve as CFO of several Nationwide specialty P&C companies.

Griffith, Pivix’s Chief Information Officer, spent 22 years in various technology roles at Nationwide and Ategrity.

Vertuno spent more than 30 years at Nationwide, rising to senior director of contract binding before becoming chief underwriting officer at Ategrity. She will be chief underwriting officer - contract binding for Pivix.

“I am excited to partner with the best wholesalers in our marketplace and provide them with access to new markets for their small to midsize commercial P&C business," Vertuno said. I believe relationships and true partnership are key to our success and growth together.”

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