Gemini Financial Holdings Corporation (GFHC), the parent company of Olympus Insurance Company, has hired Steve Bitar, former chief of Underwriting and Agency Services for Citizens Property Insurance Corporation, will officially join Olympus on April 20, 2020, as chief executive officer replacing Interim CEO James McDermott.
Bitar brings more than 20 years of Florida-specific insurance experience, with a diverse background inclusive of underwriting in both personal and commercial lines, product development, agency services, and business analysis and implementation. He has held several executive and senior leadership positions including both vice president and senior director of Consumer and Agent Services as well as director of Consumer Services.
During his time with Citizens, Bitar implemented several technology initiatives, driving advancement of insured- and agent-facing platforms such as Citizens’ online insured customer portal, online claims filing, and electronic payments. In addition, Bitar directed Citizens’ Catastrophe Response Centers.
Dennis McGill, GFHC board chairman, said the board had specific requirements relating to Florida property insurance experience, underwriting and product development leadership, effective catastrophe response management, and a record of customer service, when conducting its search to fill the position.
Headquartered in Palm Beach Gardens, Fla., and founded in 2007, Olympus Insurance Company specializes in Florida property insurance. Olympus insures residential and investment property including homes, condos, rental properties, and valuable personal property. The company also offers flood insurance through both the NFIP and private market partnerships. Coverage for individual risks is provided on one of the most comprehensive coverage forms in the Florida standard market.
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