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Former Beecher Carlson CEO Steve Denton has joined rival brokerage EPIC Holdings Inc. as president.
Beecher Carlson announced Mr. Denton’s departure on Monday.
According to an EPIC statement, Mr. Denton will join EPIC on May 1 and will work with the San Francisco-based brokerage’s senior management team reporting to CEO John Hahn. In addition, Mr. Denton will “focus on assessing existing operations inside EPIC to determine specialty capabilities that should be expanded across the platform. He will also identify further opportunities to invest in both industry and product specialty groups across the country.”
EPIC, which was bought by private-equity investor Oak Hill Capital Partners last year, has grown substantially over the past 10 years and is the 17th-largest broker of U.S. business with about $250 million in annual revenue, according to Business Insurance’s latest ranking.
In an interview last year, Mr. Hahn said he hoped to double the brokerage’s revenue within the next five years.
Mr. Denton, who is based in Atlanta, was president of Beecher Carlson when it was bought by Brown & Brown Inc. in 2013. He joined the brokerage from Aon P.L.C. in 2004.
ATLANTA-One year after leaving broker Hilb, Rogal & Hobbs Co., Thomas A. Golub is spearheading the formation of a new company to compete with the world's largest insurance brokers, including his former firm.