The Kestrel Group, a strategic entity created to service program managers, MGAs, reinsurers and reinsurance brokers, has appointed Dan Dijak to be its new senior vice president of business development.
Dijak joined the firm at the beginning of the month. His most-recent role was as head of US insurance markets at Vesttoo. Prior to that, he was a director at AM RE Syndicate.
Terry Ledbetter, executive chairman of Kestrel Group, said, “Dan brings a unique and experienced voice to the Kestrel executive team. We believe this appointment will significantly enhance Kestrel as we continue our development to capture market share in a unique and specialized insurance market.”
Kestrel Group was formed a few months ago as the exclusive product for four AM Best ‘A’- rated carriers. We reported back then that the four carriers are widely licensed throughout the US with broad admitted and surplus lines capabilities.
It was formed by Terry and Luke Ledbetter, formerly of State National Companies, a firm that the pair sold to Markel.
Speaking about his new appointment, Dijak said: “I’m excited to join an incredible effort and vision that Kestrel represents. A vision which will enhance innovation across the insurance value chain. It is an honor to work with the Ledbetters, who are true visionaries and were behind bringing property ILS to the insurance value chain. Kestrel will be on the forefront of innovation as ILS evolves into other lines.”
Luke Ledbetter, president and chief executive officer of The Kestrel Group, added, “Kestrel’s strong reputation in the industry has now been further enhanced with the appointment of one of the most experienced executives in the space. Dan is an excellent complement to our executive team and he shares our laser focus to grow sales, build market position, increase productivity, and always nurture the interests and needs of our valued customers. We are excited about the opportunity to once again serve program managers, MGAs, reinsurers, and reinsurance brokers through the Kestrel Group.”
