MS Transverse, a hybrid fronting carrier in North America and a subsidiary of MSIGH, has appointed Pete Chandler as Chief Revenue Officer, meanwhile, Ethan Allen has been promoted to Chief Program Officer.
The company has also announced that Paul Goodwin, currently Executive Vice President of Reinsurance at MS Transverse, will retire at the end of 2025, following a period of active transition to Chandler.
Further, Dennis Sparks, currently Chief Underwriting Officer, will also retire from his full-time position at MS Transverse and transition to a Senior Advisor role as of May 2025.
Chandler has an extensive career in the reinsurance industry, most recently serving as the Chief Executive Officer (CEO) of BMS Re. In the new role, he will oversee ceded reinsurance and business development at MS Transverse.
Since the founding of the firm in 2018, Allen has been a key leader, most recently serving as the firm’s Chief Risk Officer. He has over three decades of industry experience, having spent almost half of his career in the programs market, including leadership of AIG’s programs business in the Americas.
Dave Paulsson, CEO of MS Transverse, commented, “We are grateful to Paul and Dennis for their years of hard work building the MS Transverse brand. We are also thrilled to add Pete to our team. His knowledge, experience and relationships within the industry will ensure we continue to lead the programs market.
“Finally, we are excited to announce the newly created role of Chief Program Officer, signaling our ever-increasing focus on partner alignment and program performance, with Ethan overseeing all aspects of our Program Underwriting and Operations teams.”
John Fitzgerald, President of MS Transverse, added, “We would not be in our current leadership position without the high quality work and relentless efforts of Dennis and Paul over the last several years. We are fortunate to have both in-house talent like Ethan and the ability to attract established leaders like Pete to continue to build on our success.”
