K2 Insurance Services LLC, a specialty insurance holdings company, has announced the appointment of Mark Smith as the company’s President.
Smith brings almost 30 years of insurance experience to K2, including underwriting, actuarial and finance leadership roles at single state, national and international carriers.
Most recently, Mark spent four years at Marsh-owned MGU, Victor, where he led the implementation of new technologies and expanded the organisations products.
“K2 is first and foremost an underwriting company,” said K2 CEO Bob Kimmel. “Adding someone with a strong underwriting and actuarial background was a logical step as our premium volume quickly approaches $1B.”
“Our carrier partners expect us to bring world-class analytics, systems, and underwriting discipline to the relationship,” Kimmel added. “Mark has an exceptional background and balance between carrier and MGA experience to ensure profitable growth for years to come.”
Smith also commented: “I am incredibly excited to join the K2 team that has built significant momentum in a segment of the industry that is delivering value-added capabilities and service to distributors, carriers and capital providers.”