Reinsurance News

Protecdiv

Protecdiv names Joe Monaghan as Independent Non-Executive Director

8th October 2025

Protecdiv, a re/insurance brokerage firm, has announced the appointment of Joe Monaghan as an Independent Non-Executive Director on its Board of Directors, effective immediately. Monaghan currently serves as Chief Executive Officer of Euclid Mortgage Insurance Services, LLC (Euclid Mortgage), a managing general agency he co-founded. The firm focuses on underwriting credit risk ... Read the full article

Protecdiv promotes Cate DelaCruz to EVP and Head of Analytics

29th September 2025

Protecdiv, an insurance and reinsurance brokerage firm, has announced the promotion of Cate DelaCruz to Executive Vice President and Head of Analytics, effective immediately. In her new position, DelaCruz will be responsible for leading the ongoing development and strategic direction of Protecdiv’s analytics platform. She has also been tasked with overseeing the ... Read the full article

Protecdiv names Sandra Thompson, former FHFA Director, as Independent Board Director

24th June 2025

Protecdiv, an insurance and reinsurance brokerage firm, has announced the immediate appointment of Sandra Thompson, former Director of the Federal Housing Finance Agency, as an Independent Director on its Board. With many years of experience in financial services, regulatory oversight, and corporate governance, Thompson joins Protecdiv as the company continues its ... Read the full article

Protecdiv adds David Castillo as EVP, Head of Construction and Surety Solutions

22nd May 2025

Insurance and reinsurance broker Protecdiv has appointed David Castillo to the newly created role of Executive Vice President (EVP) and National Construction Practice Leader. In the role, Castillo will lead the strategic growth and development of the broker’s construction and surety business. The appointment aligns with Protecdiv’s larger plans to expand its ... Read the full article

Protecdiv hires Tamika Puckett as EVP & Public Sector Practice Leader

22nd May 2025

Tamika Puckett has been appointed as Executive Vice President and Public Sector Practice Leader, at Protecdiv, where she will lead the development and execution of the firm's risk management strategies for public sector clients, overseeing a wide range of innovative solutions designed to meet the unique challenges faced by federal, ... Read the full article

Aon enters co-broking agreement with Protecdiv

17th February 2025

Aon has entered into a co-broking agreement with minority-owned enterprise (MBE) broker Protecdiv to enhance service offerings to U.S.-based public and private sector entities. According to Aon, Protecdiv is the only certified MBE, full-service insurance and reinsurance brokerage firm focused on public entity, specialty and multi-national clients in the property, casualty, ... Read the full article

Protecdiv names Hunter as EVP, Strategic Partner Development

4th February 2025

Insurance and reinsurance broker Protecdiv has appointed Denise Hunter as Executive Vice President (EVP), Strategic Partner Development. In this new role, Hunter will lead efforts to develop and enhance relationships with strategic partners, including global insurers and reinsurers. She will also focus on driving collaborative solutions to better serve Protecdiv’s mission of ... Read the full article

Protecdiv appoints Steve Skowronski as EVP & CFO

15th January 2025

Protecdiv has named Steve Skowronski as the Executive Vice President (EVP) and Chief Financial Officer (CFO), a role he has held on a part-time consulting basis for the past five years. In the new roles, Skowronski is responsible for all finance, treasury and accounting functions, compliance, and human resources. He is an ... Read the full article

Freddie Mac’s CRT programs acquire credit protection of over $800m

27th January 2023

Freddie Mac has announced that its Single-Family and Multifamily Credit Risk Transfer (CRT) programs acquired credit protection of approximately $833m on more than $50 billion unpaid principal balance (UPB) of mortgage loans. The deal was brokered by Aon plc, a leading global professional services firm, and sub-brokered by certified minority-business enterprise ... Read the full article

Protecdiv launches industry tool to model “social” component of ESG

10th October 2022

Re/insurance broker Protecdiv has launched a tool designed to measure and report the “social” component of ESG on the liability side of a balance sheet. Protecdiv states that SERV-S, the Social Equity Risk Vector Score, provides a score for commercial property, residential property, and mortgage re/insurers to quantify the social element ... Read the full article

Protecdiv receives licensing for all US states

13th October 2021

Re/insurance broker Protecdiv has announced it will be licensed in all 50 US States and Washington D.C, becoming the first tier-one minority-led brokerage to do so. Protecdiv’s fully licensed status means it is authorised to operate across all jurisdictions in the United States. Kael Coleman, Founder and Chief Executive Officer at Protecdiv, ... Read the full article

Protecdiv completes placement deal with Maquia Capital

24th September 2021

US re/insurance broker Protecdiv has completed a procurement and placement deal with Maquia Capital in partnership with CAC Speciality. Maquia Capital is a Miami based Financial Group that in December 2020 announced plans to launch a SPAC for the acquisition of growth-oriented Technology companies. The firm is aiming to improve its ... Read the full article

Protecdiv closes first reinsurance deal with Sompo, BMS

29th June 2021

Specialty property and casualty re/insurance broker Protecdiv has announced the completion of its first transaction for Sompo International with strategic partner BMS Group. The transaction was conducted as part of the co-brokering partnership Protecdiv has with BMS Group and is the first transaction executed alongside BMS Re. Protecdiv first announced its ... Read the full article

Protecdiv partners with BMS on P&C reinsurance offering

13th July 2020

Specialty property and casualty re/insurance broker Protecdiv has announced a new strategic relationship with BMS Group to enhance its service offering to property and casualty (P&C) reinsurance clients. The companies believe the partnership will enable them to leverage their strengths in the production, placement and servicing of ceded reinsurance and retrocession ... Read the full article

Protecdiv adds Jose Montemayor to its board

9th April 2020

US reinsurance broker Protecdiv has announced the appointment of Jose Montemayor to its board. Montemayor has more than twenty-five years’ experience in all aspects of insurance regulation, operations, and mergers and acquisitions. He spent six years as the Commissioner of Insurance for the State of Texas and currently sits on a number ... Read the full article