AmTrust, an international property and casualty insurer, has appointed Steve Jennings as senior vice president, underwriting, to oversee its not-for-profit practice, as well as a new residential real estate practice.
Jennings has extensive experience in residential real estate, human services and other niche businesses. He joins the company after spending more than a decade working at Philadelphia Insurance Companies where his most recent position was as Vice President and Senior Manager, Field Underwriting, Eastern United States.
Previously, Jennings was Senior Vice President at Aon and earlier served as Group Vice President of Commercial Risk Management for Wells Fargo Insurance Services.
He began his career in the insurance industry with Federated Insurance in the greater Atlanta area where, over a 12-year period, he rose to the level of Senior Leader for the Southeastern United States underwriting function. -United.
Commenting on his appointment, Jennings said, “I am especially excited to join an already strong nonprofit practice and take on the new challenge of building a residential real estate practice for AmTrust.
“Our parallel goals will be to meet the unique needs of mission-driven organizations and residential property managers while seeking to opportunistically expand our services and add more niche business categories over time.”
Jeff Duncan, Executive Vice President, Commercial Lines, said, “Our new dedicated residential real estate practice will focus on the unique risk management needs of owners and managers of residential properties, ranging from small apartment buildings to national portfolios.
“He brings our existing residential business into a unit that will provide underwriting expertise, customized products and in-depth market knowledge. Our launch of this group, led by Steve Jennings, underscores AmTrust’s long-term commitment to residential real estate professionals and the agents who serve them.