Holborn, an independent reinsurance broker based in New York, hired Frederick M. Strauss as senior vice president.
In this role, Strauss will be responsible for spearheading Holborn’s nationwide new business development efforts for the residual markets, working closely with the firm’s brokers and its analytics team to develop customized solutions for this market segment.
Holborn said the addition of Strauss is another important appointment for the firm’s new business development team, particularly as the firm continue to build its client relationships in the residual markets.
Strauss joins Holborn following a 30-year career at the Allstate Corporation where he was most recently Shared Markets director, responsible for the oversight of Allstate’s Automobile and Property Residual Market strategies and its countrywide results. In addition, during his tenure, Strauss worked across a number of product lines, in various pricing and strategic capacities. Prior to Allstate, he served in the actuarial department at State Farm Insurance.
Holborn is a privately held independent reinsurance brokerage firm established in 1920. Through the adoption of an Employee Stock Ownership Plan (ESOP) in 1998, Holborn became exclusively owned by its employees.
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