California-domiciled privately held insurance company, ICW Group Insurance Companies, has promoted Paul Zamora to the role of Chief Underwriting Officer (CUO).
Zamora’s remit in the role includes leading the company’s property and casualty multi-line underwriting strategy and business expansion. He will also continue leading the workers’ compensation underwriting and risk management teams serving thousands of businesses nationwide.
Kevin Prior, Group President and Chief Executive Officer, commented, “Under Paul’s leadership, ICW Group’s workers’ compensation operation has expanded from writing business in three states when Paul came on board to currently writing in 21 states with plans to expand into New York later this year.
“I know Paul will continue his phenomenal success as he leads the expansion of our product offerings to include multiple lines of business covering a range of risks to further meet the needs of policyholder customers.”
Zamora joined ICW Group nearly 20 years ago, overseeing its workers’ compensation underwriting business. Most recently, he served as the Senior Vice President of Work Comp Underwriting.
The insurer stated that “Zamora has played a critical role in the growth of ICW Group’s workers’ compensation line of business, culminating in reaching a milestone of over $1 billion in premium this past year.”
Zamora has more than three decades of industry experience. Prior to joining ICW Group’s leadership team, he served as Assistant Vice President at Zenith Insurance Company.
Zamora concluded, “I’m thrilled to be a part of ICW Group’s growth and profitability in the workers’ compensation space and proud of the incredible accomplishments of the entire team.
“This is an exciting time for ICW Group as we continue to grow our workers’ compensation offering, build our commercial business, and fulfill our vision of becoming a top-tier multi-line carrier.”
