Crum & Forster names veteran to lead its expansion in captive and gig economy solutions
Crum & Forster (C&F) has tasked Mark Srygley with expanding its captive solutions and gig economy offerings.
Srygley has spent more than 30 years with C&F and previously worked in the property and casualty (P&C) business, most recently as senior vice president of underwriting and business development.
In his new role he will work within the accident and health (A&H) division, strengthening its underwriting expertise and enhancing the tailored offerings for captives and the gig economy.
He has helped create custom insurance solutions for large and complex clients in non-traditional industries. He has also worked with underwriting and development teams to craft solutions and products that meet the challenges of micro and small business clients.
C&F is keen to develop and implement strategies for captives where the offerings that are currently available have proven difficult to place, ensuring C&F can provide specialised coverage for unusual or hard-to-insure risks. These new offerings can include both standard lines of business for both A&H and P&C, and extend to all other lines.
Clients operating in the sharing - or gig - economy often require bespoke products, C&F noted. It is therefore creating a “single-stop” approach for clients whose needs require strategies and solutions across multiple disciplines.
David Kaplan, vice president of A&H at C&F, leads the initiative, alongside Srygley. Kaplan said: “Mark brings with him a wealth of underwriting experience, knowledge and product acumen across many property and casualty lines, as well as a deep understanding of insurance analytics.”
Srygley added: “We have a tremendous opportunity here to offer the market new, innovative products and solutions that can fit a multitude of needs for our clients – both in the A&H and P&C space.”
Susan Silfen, senior vice president of A&H’s specialty business unit, praised the breadth of Srygley’s knowledge and underwriting, which “will be invaluable in helping to expand A&H’s product capabilities in line with our billion dollar execution.”