Sovereign Claims LLC, an insurance risk management consultancy serving underwriters in the real estate development, general contracting and construction industries, has appointed John Humphreys and Neal Conolly to its executive team.
Humphreys steps into the newly created role of chief claims officer (CCO), while Conolly joins as president. Founder Timothy Gallagher, who previously served as president, will now serve as chief operating officer.
Humphreys’ and Conolly’s addition to the team underscores Sovereign Claims’ commitment to expanding and enhancing its services in New York City and beyond, the company said in a press release. The new hires will play a role in strengthening Sovereign Claims’ One Source strategy, a service philosophy that brings partners’ insurance risk management, underwriting and claims administration needs under one roof.
As CCO, Humphreys will be instrumental in enacting the One Source approach in all client engagements, overseeing the entire claims administration function across the business and working to provide stakeholders and partners with the responsive and effective services. His core responsibilities will include providing strategic direction in the overall management of resources to ensure resolution of claims.
Humphreys joins Sovereign Claims following more than 30 years in the property/casualty insurance industry with both legal experience and national and international executive claims experience. He has led legal groups in the U.S., Canada and United Kingdom for Travelers Insurance Company, where he most recently served as senior vice president and claim general counsel.
In his role as president, Conolly will play a role in business development, maximizing the use of data and integrating claims technology to grow Sovereign’s national footprint and increase uptake of its new habitational claims offering.
Conolly brings four decades of experience as an attorney, senior executive and consultant to the property/casualty insurance industry. Prior positions include serving as the executive director and CEO of the New York State Insurance Fund, as a consultant to market-leading national workers’ compensation insurance carriers and as president of the Wright National Flood Insurance Company. Conolly is also a founding board member of the American Society of Workers Compensation Professionals.
Source: Sovereign Claims LLC
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