Obsidian Insurance Holdings Inc., a new fronting insurance holding company, has added to its senior management team with the appointment of Dan Larkin as chief underwriting officer. Obsidian was recently formed in partnership with insurance industry executives and Genstar Capital.
Larkin joins Obsidian with more than 25 years of experience in the insurance industry. He most recently served with Allianz as Northeast Zone Midcorp program director. Prior to that, he was with PartnerRe for 18 years, most recently as senior vice president and head of programs. Larkin also previously served as senior property underwriter for AXA Reinsurance. He began his career at Metropolitan Reinsurance as a treaty accountant.
Obsidian and Genstar have assembled a team of senior executives. Additional members of the team include 20-year industry veteran Craig Rappaport, who serves as chief operating officer and chief financial officer, and Emily Canelo, Obsidian’s chief legal counsel. Canelo previously served as chief counsel and executive vice president for reinsurance and insurance at Endurance Services Ltd.
Obsidian Insurance Holdings Inc., through its insurance carrier subsidiary Obsidian Insurance Company, is a new fronting insurance holding company to issue policies underwritten by managing general agents, managing general underwriters and program managers. Obsidian will source, underwrite and manage a diverse portfolio of property, casualty and specialty insurance programs and reinsure the majority of the business to select reinsurers.
Source: Obsidian Insurance Holdings Inc.
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