NFP, an insurance broker and consultant, has appointed Tracy Stopford and Kara Tencellent to its property and casualty (P&C) specialty team as managing directors.
Stopford and Tencellent will co-lead the risk and insurance strategy collective (RISC) under NFP’s captive and alternative risk practice.
Both reporting to Henry Lombardi, executive vice president and head of NFP’s P&C division, Stopford and Tencellent will work together to lead all operational and business development aspects of the RISC, while creating innovative client-facing technology and analytics resources that enhance clarity and value for clients.
Stopford, who has more than 20 years of global captive and risk management experience, joins from Willis Towers Watson (WTW), where she served as senior vice president and COO for North America and India operations for the company’s global captive practice.
In providing captive management expertise and operational support to the global practice, Stopford also led the opening of a captive management office in Hong Kong.
In her role as managing director, Stopford will develop and deliver a range of alternative risk, captive consulting and management solutions grounded in innovative technology and analytics.
Tencellent brings 20 years of insurance and risk management experience that includes expanding international business capabilities and product lines in the commercial, captive and alternative risk space.
Most recently, she served as director of alternative risk solutions at Coverys. Prior to that, she was a vice president with the Willis global captive practice.
At NFP, Tencellent will contribute to the growth of the specialty group and lead the expansion of domestic and international tech-forward capabilities and solutions.
Lombardi said: “Specialised expertise across industry, product and program remains a major focus for NFP, and this includes adding talented industry leaders like Tracy Stopford and Kara Tencellent. We’re excited for them to join NFP, lead the RISC and be key contributors to our overall growth.”
Doug Turk, regional managing director of NFP’s West region, added: “[Stopford and Tencellent’s] specialised experience, market knowledge and global relationships will be critical to delivering more value to our clients, growing our captive and alternative risk collective, and developing creative and innovative alternative risk solutions.”
