Great American Insurance Group has launched its Public Sector Alternative Risk Division. This Division will offer coverages in the reinsurance and excess insurance markets for pools, trusts, joint powers authorities (JPAs), reciprocals and captives in the public entity space. Targeted classes include: municipalities, schools, counties, housing authorities, and other special service districts with minimum self-insured retentions of $100,000. Coverage is available in all 50 states.
The Public Sector Alternative Risk Division office will report to Gary Powers, divisional president, Great American’s Property and Casualty Insurance Group and will be based in Richmond, Va. The division will be accepting new business beginning August 1, 2012.
In connection with the launch of this Division, Great American also announced the hiring of Scott Rohr as divisional president. Rohr has 21 years of experience working exclusively in public entity business with an emphasis on underwriting, sales and management. Additionally, Great American hired Andrew Kay as divisional vice president. Kay has seven years of experience in public entity business including pricing, underwriting and operations.