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Starr Insurance Cos. named Carmella Capitano to the newly created position of head of primary general casualty-risk management and excess casualty, the company said in a statement Thursday.
Ms. Capitano, who will be based in New York, had been vice president and profit center manager. She will report to Kevin McCracken, senior vice president.
Ms. Capitano will lead the primary general casualty-risk management team with revenues over $400 million as well as Starr’s excess casualty team, which insures industries such as hospitality, manufacturing, real estate, communications/telecommunications, health care and sports venues, the statement said.
“Her ability to foresee and manage market fluctuations is one of the main reasons Carmella was chosen for the role of building this diverse and complex business operation,” Steve Blakey, president and CEO for Starr Insurance Holdings Inc., said in the statement.
Dan Conway, executive vice president, specialty casualty, will continue to oversee Starr’s energy unit, with two experienced executives, Les Lappe and Greg Cropp, respectively, managing the primary and excess divisions.
Starr Insurance Holdings Inc. will reorganize its casualty business, the company said Tuesday.