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Newfront Insurance on Thursday named former Marsh LLC executive Matthew Summers as head of its construction practice, one of several executives the San Francisco-based brokerage has hired from its larger rival over the past few months.
In addition, Dallas-based Mr. Summers will be the brokerage’s regional managing director for Texas, a Newfront statement said.
Mr. Summers joined Marsh from Willis Towers Watson PLC in 2019 and was most recently managing director, construction leader-central zone at the brokerage.
Newfront has hired several other senior Marsh brokers recently. Earlier this month, it hired Phil Huffman as market leader for Greater Pittsburgh; in January it hired Wendy Cook as head of insurance placement, Frannie Epps as head of casualty and Lauren Pratscher as head of casualty placement; in December it hired John Newell as chief commercial officer; and in November it hired Tyler McAllister as its Greater Philadelphia market leader.
Newfront was founded in 2017 as an insurtech brokerage and substantially increased its commercial property/casualty business in 2021 through the purchase of ABD Insurance and Financial Services Inc.