Reinsurance News

reThought Flood promotes Catherine Myers to COO

4th October 2023 - Author: Saumya Jain

Technology-centric underwriting agency, reThought Flood, has promoted Catherine Myers, who joined the company late last year, to Chief Operating Officer (COO).

handshake-bwIn her new role, Myers’ remit will include overseeing reThought’s technology development team, while taking on additional responsibilities including high-level management of operational areas such as sales, marketing, and HR.

Her primary task is to ensure reThought’s aggressive growth strategy is implemented efficiently.

Myers joined reThought in December 2022 as an Engineering Manager.

She has almost 30 years of experience working primarily as a technology-project consultant, assisting organizations including RBC Wealth Management, Perficient, Be The Match, CAPITA, Hollstadt & Associates, Allina Hospitals & Clinics, United Health, and Deloitte.

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She started her career as a programmer at Ecolab, Inc.

The US commercial and residential flood risks company’s Chief Executive and Founder, Cory Isaacson, commented on the appointment: “reThought’s rapid development as the leading flood underwriter in the U.S. of course requires an expanded C-Suite, as the workload becomes too much for our existing executive team to handle.

“Our acquisition of CyberBoxer in August increased our headcount by 50%, for example. To hire a COO of Catherine’s ability, character, charisma, and sheer force of will would usually require a lengthy search and scores of interviews. But we only had to look down the hall to find the best possible candidate.”

Myers added: “I am excited to take on these additional responsibilities. The technical team here–as I found it a year ago–is incredibly and refreshingly competent, which means I have time to focus on other areas.

“reThought’s vision is enormous but achievable, so working as its head of operations is a superb longer-term vocation. I’d spent my career so far working with different companies to implement specific projects, but the scope and potential of reThought is so great that it’s my obvious place to settle down, take on a longer-term, more holistic role, and sink my teeth in.”

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