Dovetail Insurance, an insurtech company that serves independent agents providing small commercial insurance, has announced the appointment of Michael Ferber as Chief Executive Officer (CEO), effective immediately.
He succeeds outgoing CEO Gregory Martin, who will retire from Dovetail at the end of May.
Ferber joins Dovetail from ICAT, a digital-based underwriter of U.S catastrophe insurance, where he most recently served as Chief Information Officer.
Both Dovetail and ICAT are members of Victor, the global managing general underwriter.
Prior to ICAT, Ferber worked at Lehman Brothers as Senior Vice President for Change Management, and at GMAC, leading operations and technology within its mortgage banking division.
“We believe the future of insurance, in the small commercial sector, is for agents to be able to fulfill all of their clients’ insurance needs in one digital experience,” said Ferber. “Dovetail is well positioned to be their go-to digital marketplace for business coverage in the United States, and I’m excited to lead the firm.”
Christopher Schaper, CEO of Victor Insurance Holdings, also commented on the appointment: “Mike’s extensive background as a leader in operations, technology, and digital innovation, make him perfectly suited to lead Dovetail into its next chapter and meet the changing needs of clients.”
“I want to thank Greg Martin for his extensive contributions to the firm and wish him the very best in his retirement,” Schaper added.