Innovative Coverage Concepts LLC (ICC), a national wholesale broker and managing general agency, has announced an expansion of its wholesale operations under the leadership of Steven R. Gross, who has been appointed president of the wholesale division.
“Insurance brokers and agents throughout the U.S. are on a constant quest to find new and better risk transfer solutions for their clients,” said ICC President and CEO Dean Carras in a company press release. “The expansion of our wholesale operations under Steve’s leadership will enable us to deliver a wider array of new insurance products designed specifically to meet [clients’] diverse and emerging needs for financial protection.”
Following the expansion, ICC’s wholesale division plans to grow its relationships with insurance companies, build its portfolio of specialty insurance products for the hospitality and real estate industries and look for opportunities to develop more program business. At the same time, the wholesaler will continue to focus on working with a group of retail insurance agencies and brokerages throughout the U.S. that share ICC’s commitment to deliver value-added risk management, loss control and claims services to their clients.
Gross, who also was appointed a member of ICC’s executive committee, has more than 35 years of leadership experience in commercial insurance. For three decades, he was owner, chairman and CEO of Metro Insurance Services Inc. prior to its sale to Preferred Concepts LLC in 2012. Subsequently, he was senior executive vice president and chief program officer at Preferred Concepts, where he helped facilitate the transition of his former firm’s business.
During his career, Gross has served in leadership roles at a number of insurance industry organizations. He was a past president and board member of the New Jersey Surplus Lines Association, and he served on the board of the National Association of Professional Surplus Lines Offices (NAPSLO). Additionally, he was a member of the Commissioner’s Producer Advisory Council of the New Jersey Department of Banking and Insurance.
Source: Innovative Coverage Concepts LLC
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