JenCap Holdings LLC (JCH), a specialty insurance business, has promoted Mark P. Maher to chief operating officer and hired David Nielsen as corporate chief financial officer.
In his new role, Maher will work with the JenCap management team in developing strategic plans and managing carrier and key broker relationships, and he will work with divisional business leaders to achieve an effective cross sale protocol while maintaining a high service level throughout the organization.
Most recently, Maher was president of JenCap’s NIF Group, a managing general agency, program manager and wholesale insurance brokerage based in New York with offices in the Northeast and West. He has been with NIF for 30 years.
Nielsen brings to the firm a mix of operating and financial experience, operational and financial integration knowledge and private equity experience.
He has spent his more than 30-year career in the financial services industry, serving as a chief operating officer in Wells Fargo’s wholesale business, and more recently, as chief financial officer of CommunityOne Bancorp.
JenCap Holdings is a New York-headquartered, national specialty insurance distribution platform that includes program management businesses, managing general agencies, specialty program underwriters and transactional wholesale brokers.
Source: JenCap Holdings LLC
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