The Excess Line Association of New York (ELANY) has hired James Davis as financial director.
Davis will be responsible for the financial review and analysis of all eligible listed excess line insurers to verify their financial strength. He’s based in ELANY’s main office in New York City.
Davis recently retired from the New York State Department of Financial Services (DFS) after 29 years of service as insurance regulator. He was most recently assistant chief in the Financial Division of the Property Bureau at DFS.
The Excess Line Association of New York is a nonprofit industry advisory association created by the New York statute in 1988. It’s charged with the duty to facilitate and encourage compliance with the excess line law. ELANY’s responsibilities include serving as a facilitator between brokers and regulators, conducting financial review and oversight of non-admitted markets, and providing continuing education.
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