P&C insurer Kingstone Companies has announced that Sarah Chen has joined the company as Chief Actuary.
In this role, Chen is a key member of the Company’s senior leadership team, responsible for leading the reserving, pricing, financial planning, reporting and analysis, and reinsurance management functions of the company.
She has over a decade of experience in personal lines pricing, reserving and other actuarial responsibilities and is joining Kingstone from Homesite, a subsidiary of American Family.
In her previous role she was the Senior Pricing Manager and was responsible for ratemaking. Prior to Homesite, Chen was an Actuarial Manager at Plymouth Rock, a northeast regional insurer focused on auto and home.
Sarah assumes responsibility from Ben Walden, whose departure was announced earlier this year, enabling him to pursue other opportunities while consulting with Kingstone to allow for a smooth transition.
Barry Goldstein, Kingstone Chairman and CEO commented: “We thank Ben for his many contributions during his seven years at the company. Ben leaves the company well positioned for the future.”
Meryl Golden, Chief Operating Officer added: “I am excited about the expertise that Sarah brings to Kingstone. I am confident that Sarah will make significant contributions to achieving our Kingstone 2.0 vision which is well underway. Sarah will help the Company reach an even greater level of financial performance.”
