PMA Companies has appointed Steven Woodard (left) as captives and programmes leader within the firm’s specialty markets division.
The insurance company administers single-parent captive programmes and workers’ compensation group programmes to alternative risk clients and brokers.
In his new role, Woodard will be responsible for the implementation and oversight of new captive formations, as well as coordinating the service of existing alternative market clients by collaborating with business partners and stakeholders.
Woodard previously served as director of alternative markets at ProSight Specialty Insurance. Before this, he was assistant vice president of property and casualty underwriting at Lockton Affinity, and underwriting and profit centre manager at Zurich Insurance North America respectively.
Commenting on LinkedIn, Woodard says: “I absolutely cannot wait to begin contributing to the positive growth and results within this organisation while I continue to flourish and develop professionally during this next phase of my career.”
Elsewhere, Chris Kramer (right) has been appointed national sales executive within PMA Companies’ specialty markets division.
In this role, he will be responsible for driving the profitable growth of new captive and group opportunities, as well as consolidating relationships with existing clients.
Kramer has more than 35 years’ experience in the property, casualty and alternative risk financing industry. He most recently served as managing director of Green Mountain Sponsored Captive Company, Vermont’s largest independently-owned rental captive.
Other previous roles include senior vice president at Caitlin Morgan Captive Services, director of marketing for captive insurance programmes at Ullico Casualty Group, and senior vice president at Atlas Insurance Management.
