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CapSpecialty names Sills as next president-CEO

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CapSpecialty Inc. on Friday named Adam Sills, currently head of specialty underwriting, as its next president and CEO.

He will succeed Jack Sennott, who is stepping down from his roles as CEO, president and chair, effective Aug. 31, the wholly owned subsidiary of Alleghany Corp. said in a statement.

Mr. Sills has served in his current role at CapSpecialty since 2019, with responsibility for underwriting operations for professional liability, health care and specialty casualty, as well as marketing and distribution and operations. He joined CapSpecialty in 2013.

Prior to becoming CEO of CapSpecialty, Mr. Sennott had been chief financial officer of Darwin Professional Underwriters and CFO of Alleghany.