October 12, 2022 – Platinum Specialty Underwriters announced today the addition Todd Germano, Managing Director. Germano has extensive knowledge in P&C program management.
Germano began his underwriting career more than 20 years ago with AIG where he led many profit center positions in casualty including Chief Underwriting Officer of Excess Casualty. The business units he managed ranged from National Accounts, Construction and small to midsized risks. After AIG, Germano was at Allied World (AWAC) where he led the build out of their North American P&C segment and with a focus on wholesale distribution. Included in the North American P&C business Germano managed the Program Division as Executive Vice President. Most recently Germano served as Managing Director of Optio Insurance Services tasked with development of the US platform.
“Adding someone of Todd’s caliber to the Platinum team further demonstrates our commitment to product growth from the highest level of industry experts. Todd’s P&C underwriting experience supporting the wholesale market combined with his knowledge of actuarial and claims management make him invaluable to Platinum’s team,” stated Jeff Heath, President of Platinum Specialty Underwriters.
Todd Germano added, “Our commitment to superior service means we consistently deliver market-leading turnarounds, binding business faster and making our clients shine. I am thrilled to be supporting a team with this experience level who can incorporate public and private data to make informed decisions on risk selection, rates, classes, and coverage wordings.”
Platinum Specialty Underwriters continues with its mission of investing in MGAs that supply insurance products for hard to insure risks through the Wholesale distribution channel. Platinum has recently backed teams launching programs in Farms, Excess Liability and Management Liability. It also continues strong growth in its Trucking, Bars and Taverns programs.
Contact: Todd Germano tgermano@platinummgu.com
About Platinum Specialty Underwriters
Platinum Specialty Underwriters is the crucial component to underwrite challenging risks and accelerate wholesale business. Wholesale experts in complex risk arenas need a specialist partner that understands their challenges. Platinum is the specialist underwriting team that brings creative insurance solutions to unique and challenging risks. Platinum’s platform focuses on leading service technology combined with expert underwriting, claims management, loss inspection, and actuarial analysis to assure partner insurance company’s low loss ratios. By investing in teams and exclusive, best-in-class insurance underwriting products and services, Platinum can solve high risk problems, delivered by entrepreneurial experts.
Contact: Jeff Heath 908.295.1763 jheath@xptspecialty.com