Key Leadership Changes in the Insurance Industry: April 2025 Update

Insurance companies are continuously refining their leadership teams to better navigate the complex landscape of modern risk management and client services. Recent executive appointments within Highstreet Insurance & Financial Services, Berkshire Hathaway Specialty Insurance, NFP, and DUAL North America reflect this trend. These strategic shifts aim to bolster capabilities in various segments including property claims, flood insurance, and construction risk management.

Highstreet Insurance & Financial Services has announced the appointment of Vincent Stazzone as president of industry solutions. Stazzone's focus will be on refining the company’s industry-specific strategies by leveraging internal expertise. Previously, he was the president of Highstreet’s Gulf Region, highlighting his adept leadership capabilities. He holds a degree in Business Management from the University of Central Florida and serves as vice chair of the Florida Association of Insurance Agents, bringing a wealth of knowledge and experience to his new role.

Berkshire Hathaway Specialty Insurance (BHSI) has named Jeff Murdock as the head of US property claims. This promotion comes as Scott Lee, who has had a notable four-decade career in claims, prepares for retirement. Jeff Murdock, who joined BHSI in 2015 as assistant vice president of property claims and advanced to vice president in 2021, now takes the helm with 17 years of significant industry experience. His leadership is expected to continue the company's legacy of excellence in property claims handling.

In a strategic move by NFP, Caleb Weir joins as senior vice president for construction and infrastructure in the Central region. Based in Kansas City, Missouri, Weir is set to play a major role in strengthening the company’s presence in the region by reporting to Amanda Ruback, managing director for property & casualty, and collaborating with Adrian Pellen, co-leader of NFP’s C&I Group. Weir brings over a decade of experience in risk management, surety services, and employee benefits, supported by his CRIS, ARM, and CPCU designations, as well as an MBA in Finance from the University of Missouri-Kansas City. Meanwhile, DUAL North America has appointed Cameron Conboy as executive vice president of flood. His role involves overseeing the expansion and strategic development of DUAL’s flood insurance offerings from San Diego. With 19 years of expertise in flood underwriting and broker partnerships, Conboy will spearhead the scaling of the company’s non-admitted flood insurance program, which currently offers up to $3.5 million per building in primary coverage and excess limits of up to $15 million. These leadership advancements signify each company’s commitment to enhancing their operations and service delivery in specialized insurance sectors.