Gary Hall has been appointed as senior vice president and chief underwriting officer at Citadel Risk’s American Millennium Insurance Company (AMIC).
AMIC, which was acquired by Citadel in October 2011, will be restructured into three business divisions, a current and prospective business unit, a financial and regulatory reporting unit and a run-off unit which will be responsible for the management of problematic and discontinued managing general agent (MGA) business and claims.
The company insures a large market share of New Jersey’s taxis and limousines and is a niche writer of New Jersey trucking business, specifically owner-operator and small fleet motor carriers.
Based in the firm's New Jersey office, Hall will lead the current and prospective business unit.
Previously, he was part of the Citadel Risk Group, serving as president and CEO of Great Falls Insurance Company, until its renewal rights were sold to Eastern Alliance Insurance in 2017.
At Eastern, Hall managed the integration of Great Falls Insurance Company’s book of workers’ compensation business into the Eastern/Pro Assurance organisation.
Prior to that, Hall served as regional vice president of CNA, where he headed up the Boston and Hartford, Connecticut offices.
Commenting on his appointment, Hall said: “I am pleased to have the opportunity to rejoin the senior management team of Citadel to further develop AMIC’s presence in the US. We face many challenges in today’s environment, but with those challenges come opportunities. I expect to capitalise on those opportunities.”
Tony Weller Citadel Risk Group’s CEO, added: “Gary Hall is a proven resource within the Citadel Risk Group and for our counterparties. This is a very strong strategic appointment that can only take AMIC forward after a challenging year. The prospective business has been operating well since 2017 and Hall has been asked to continue and improve that process.”