New York-based Kinloch Holdings, Inc., an insurance brokerage holding company focusing on middle market clients, named Bob De Blasio to lead its Healthcare Industry Practice.
Prior to joining Kinloch, De Blasio was with Hilb Rogal & Hobbs, where he was responsible for establishing the broker’s nationwide healthcare industry specialty practice. Between 1999 and 2007, De Blasio grew HRH’s healthcare segment from a one-man shop to a practice with 150 insurance professionals handling the property & casualty needs of over 2,000 clients, generating approximately $40 million in insurance premiums. Before HRH, he was a top-producing middle market sales professional and client executive in the Healthcare industry practice at Marsh & McLennan.
“Healthcare is one of the fastest growing industries in the United States. Delivering specialized expertise and customer-focused services to this important segment is a critical part of our strategy,” said Robert Lockhart, Kinloch’s president and chief executive officer. “Bob De Blasio is one of the most knowledgeable professionals in the field and has an out-outstanding track record for building and managing a highly successful healthcare practice. We are thrilled to have him as part of the Kinloch team.”
Kinloch’s strategy is to grow through a combination of acquisitions and organic growth. The company is targeting brokers with a strong, regional presence or product focus. It is concentrating on building regional hubs by rolling in smaller firms and producer teams with complementary products and services. Kinloch’s first hub is in the New York Metropolitan area, where it recently acquired Genatt Associates – a New York broker with specialized expertise in the real estate, construction, transportation, healthcare and hospitality industries; and Nystrom & Palumbo – an employee benefits consulting firm for middle market employers.
Source: Kinloch Holdings