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Veteran insurance executives form reinsurance brokerage in Minneapolis

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MINNEAPOLIS—Insurance industry veterans Dan Koshiol and Lindsay Ginter have formed a new reinsurance broker, StoneHill Reinsurance Partners L.L.C., the executives announced Tuesday.

Mr. Koshiol, a 15-year veteran of reinsurance brokerage firms including Guy Carpenter & Co. L.L.C, John B. Collins & Associates Inc. and E.W. Blanch Co., will serve as the new firm’s president and CEO.

Ms. Ginter most recently managed a reinsurance captive for Wells Fargo & Co. and also held positions at Collins and E.W. Blanch. Ms. Ginter will serve as senior vp.

The new brokerage is located in Minneapolis.

“We see a marketplace need for a broker who will solely invest time and resources on their clients,” Mr. Koshiol said in a statement. “As brokers consolidate and look for additional revenue growth, some clients are being asked to purchase, at an added cost, products and services which historically have been included in the brokerage relationship. Insurers need their brokers to be business partners offering objective advice, with the independence and drive to bring forward the right resources at the right time.”