Concert Group Holdings (Concert), a privately owned insurance holding company, has promoted Scott Stosek to the newly-created positions of Director of Finance, Concert Group, and Chief Financial Officer (CFO) of Harmony Re, the firm’s risk retention platform.
In the new roles, Stosek reports to CFO, Michael Rybak who joined Concert in 2021 as Vice President and Controller.
Stosek has over two decades of industry experience, of which he spent six at Hiscox USA where he held several increasingly senior positions, the last being US Lead, Finance Transformation Program. He has previously also spent two years at Trustmark Insurance as Senior Accountant.
John Hendrickson, Chief Executive Officer, Concert, commented on the promotion, “In the past three years, Scott has proven to be an invaluable member of the Finance team as we’ve worked to build the foundation for a market-leading hybrid fronting carrier. On any number of occasions, his commitment to finding solutions to a variety of market-related challenges has produced a positive result.
“I know Scott’s energy and drive will not only continue to have impact at Concert but will provide a critical skillset to the development of Harmony Re. I am delighted to have him on our team and congratulate him on this well-deserved promotion.”
Rybak added, “I echo John’s comments. I know I can rely on Scott for expert guidance as well as astute financial acumen. He’s a real team player whose work ethic elevates all of us as we strive to deliver superior results for our business partners and shareholders.”
