Reinsurance News

Hourly.io appoints Markel’s Jerico Vinsonhaler as Head of Underwriting

19th July 2022 - Author: Jack Willard -

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Fast-growing insurtech start-up, Hourly.io has appoint former Markel executive Jerico Vinsonhaler to serve as Head of Underwriting.

Within this role, Vinsonhaler will oversee Hourly’s overall underwriting strategy, portfolio management, as well as manage its underwriting team.

Vinsonhaler spent 20 years at Markel, where she led the firms underwriting strategy. Prior to Markel, she served as Regional UW Manager at FirstComp.

“Hourly is the only player in the industry that is integrating real-time data from the field, payroll, and workers’ comp,” said Vinsonhaler.

“What really drew me to the company was the impact it could have on employers and employees. Because we have the opportunity to engage directly with both on a daily basis, we see labor costs in real time which means premiums are accurate, claims are reduced, and workers’ comp insurance ultimately becomes more affordable for everyone.”

Moreover, Vinsonhaler will also join another industry veteran – Tomer Eilam, who previously served as Atlas Insurance’s Chief Actuary. Eilam currently serves as Hourly’s Chief Analytics & Risk Officer.

Eilam, commented: “We’re thrilled to welcome Jerico to the Hourly team. Jerico is a top player in the industry and brings years of insight and experience to Hourly. In her new role, Jerico will help us grow and make workers’ comp and payroll a whole lot easier for small businesses.”