Obsidian Insurance Group has appointed insurance industry veteran Scott Palladino as Chief Business Development Officer.
Palladino joins Obsidian from Clear Blue where he served in a similar role, and was also one of the original members of the management team.
He started his career at Liberty Mutual, where he held various property and casualty underwriting and management positions over a 22-year period.
Additionally, Palladino also held leadership positions at Sompo Japan Nipponkoa, including Chief Underwriting Officer and Vice President of Specialty Operations. He was also a member of the board of Sompo Marine and Fire Company and a member of the US M&A team.
William Jewett, Chief Executive Officer of Obsidian, commented, “Scott Palladino is a tremendous addition to our Leadership Team. His extensive underwriting and business development experience within the program space, as well as his broad network within the industry, are among the many things that make Scott a terrific addition for Obsidian, which has established a solid and highly regarded footprint since its formation less than two and a half years ago.
“There exists a great demand for proven, top talent within the industry and particularly within the program sector. Scott’s experience, and strong and varied skill sets and relationships, fit exceptionally well with our business strategy, which is based on a commitment to underwriting and operational excellence. He is a great complement to an already formidable team.”
Addressing his appointment, Palladino, said: “I am honored and excited to be joining Obsidian. I am extremely impressed with what Obsidian has accomplished – they have built a hybrid fronting carrier with top tier underwriting and operational capabilities in a relatively short period of time. I look forward to meaningfully contributing to our continued growth and success.”