BRP Group, an independent insurance firm, says it made two executive appointments in anticipation of the Tampa company's growth.
The firm named COO Dan Galbraith and Chief Insurance Innovation Officer Jim Roche co-presidents.
Both will share companywide responsibility for BRP's continued performance and operations, the firm says in a Monday news release.
Galbraith and Roche will also serve as CEOs of their respective areas of BRP Group's business operations, the firm says.
Galbraith will serve as BRP president and CEO of retail brokerage operations, which includes the insurance advisory solutions segment. Roche will serve as BRP president and CEO of underwriting, capacity, and technology operations, the firm says.
The promotions take effect immediately with Galbraith and Roche continuing to report directly to BRP Group’s CEO Trevor Baldwin.
"These newly created roles were architected to broaden their scope of responsibilities and enable them to maintain a sharper focus on day-to-day (profit and loss) responsibility, operational excellence and acceleration of best practice sharing across the organization," says Baldwin.
As COO, Galbraith led BRP's "significant expansion" in retail broking since joining the firm prior to its 2019 initial public offering, the firm says. Prior to that, he was senior vice president of sales for Stericycle's North America compliance services business. And before that, he was with Cintas Corp. in a variety of operations and sales leadership roles across their business lines.
Roche joined BRP Group in 2019, where he expanded offerings serving both commercial and personal insurance segments. Roche recently led BRP's expansion into reinsurance broking with the introduction of Juniper Re, the firm says. Roche previously served as vice president of strategy, initiatives and analytics at QBE Insurance.
BRP Group is publicly traded on NASDAQ. The firm says it offers a tailored approach to risk management, insurance and employee benefits. BRP Group says it represents over 2 million clients across the United States and internationally.
Jim Stinson is the Business Observer's Tampa Bay business reporter and editor, having previously written about business and policy in Washington, D.C.; Rochester, New York; Gary, Indiana; and Daytona Beach. He attended Boston University for business and Indiana University for journalism.