Private Client Select Appoints Ross Bowie as Chief Executive Officer
Private Client Select Insurance Services (PCS), a Managing General Underwriter majority-owned by Stone Point Capital and AIG (NYSE: AIG), has appointed Ross Bowie as Chief Executive Officer, effective immediately. Bowie, who joined PCS in February 2024 as President and Chief Risk Officer, previously served as President & Chief Underwriting Officer of Orchid Insurance and held senior leadership roles at Bankers Insurance Group and ASI.
In his prior role at PCS, Bowie was responsible for portfolio optimization and improving the company's financial performance. He succeeds Christopher Flatt, who served as Interim CEO since March 2024 and will continue to serve on PCS's Board of Directors.
Private Client Select Insurance Services (PCS), un Underwriter Generale Gestore di proprietà per la maggior parte di Stone Point Capital e AIG (NYSE: AIG), ha nominato Ross Bowie Amministratore Delegato, con effetto immediato. Bowie, che è entrato in PCS nel febbraio 2024 come Presidente e Chief Risk Officer, ha precedentemente ricoperto il ruolo di Presidente e Chief Underwriting Officer di Orchid Insurance e ha avuto ruoli di leadership senior presso Bankers Insurance Group e ASI.
Nella sua posizione precedente in PCS, Bowie era responsabile dell'ottimizzazione del portafoglio e del miglioramento delle performance finanziarie dell'azienda. Sostituisce Christopher Flatt, che ha ricoperto il ruolo di CEO ad interim da marzo 2024 e continuerà a far parte del Consiglio di Amministrazione di PCS.
Private Client Select Insurance Services (PCS), un Suscriptor General Gestor en su mayoría propiedad de Stone Point Capital y AIG (NYSE: AIG), ha nombrado a Ross Bowie como Director Ejecutivo, con efecto inmediato. Bowie, quien se unió a PCS en febrero de 2024 como Presidente y Chief Risk Officer, se desempeñó anteriormente como Presidente y Chief Underwriting Officer de Orchid Insurance y ocupó roles de liderazgo senior en Bankers Insurance Group y ASI.
En su rol anterior en PCS, Bowie era responsable de la optimización de la cartera y de mejorar el desempeño financiero de la empresa. Sucede a Christopher Flatt, quien se desempeñó como CEO interino desde marzo de 2024 y continuará formando parte de la Junta Directiva de PCS.
Private Client Select Insurance Services (PCS)은 Stone Point Capital과 AIG (NYSE: AIG)가 대주주인 관리 총괄 언더라이터로, Ross Bowie를 즉시 발효되는 CEO로 임명했습니다. Bowie는 2024년 2월 PCS에 사장 및 Chief Risk Officer로 합류했으며, 이전에는 Orchid Insurance의 사장 겸 Chief Underwriting Officer로 재직하였고, Bankers Insurance Group 및 ASI에서 고위 리더십 역할을 맡았습니다.
PCS에서의 이전 역할에서 Bowie는 포트폴리오 최적화 및 회사의 재무 성과 개선을 책임졌습니다. 그는 2024년 3월부터 임시 CEO로 있었던 Christopher Flatt를 대신하게 되며, PCS 이사회에서도 계속 활동할 것입니다.
Private Client Select Insurance Services (PCS), un gestionnaire général d’assurance majoritairement détenu par Stone Point Capital et AIG (NYSE: AIG), a nommé Ross Bowie au poste de Directeur Général, avec effet immédiat. Bowie, qui a rejoint PCS en février 2024 en tant que Président et Responsable des Risques, a précédemment occupé le poste de Président et Responsable de la Souscription chez Orchid Insurance et a occupé des postes de direction chez Bankers Insurance Group et ASI.
Dans son rôle précédent chez PCS, Bowie était responsable de l’optimisation du portefeuille et de l’amélioration des performances financières de l’entreprise. Il succède à Christopher Flatt, qui était PDG par intérim depuis mars 2024 et continuera à siéger au Conseil d’Administration de PCS.
Private Client Select Insurance Services (PCS), ein von Stone Point Capital und AIG (NYSE: AIG) mehrheitlich geführter Managing General Underwriter, hat Ross Bowie mit sofortiger Wirkung zum Chief Executive Officer ernannt. Bowie, der im Februar 2024 als Präsident und Chief Risk Officer zu PCS kam, war zuvor Präsident und Chief Underwriting Officer von Orchid Insurance und hatte führende Positionen bei Bankers Insurance Group und ASI inne.
In seiner vorherigen Rolle bei PCS war Bowie für die Portfolio-Optimierung und die Verbesserung der finanziellen Leistung des Unternehmens verantwortlich. Er tritt die Nachfolge von Christopher Flatt an, der seit März 2024 als interimistischer CEO fungierte und weiterhin im Vorstand von PCS sitzen wird.
- Appointment of experienced insurance industry executive with proven leadership track record
- Strategic focus on portfolio optimization and financial performance improvement
- Continuity in leadership with former interim CEO remaining on Board of Directors
- None.
Mr. Bowie joined Private Client Select in February 2024 as President and Chief Risk Officer with responsibility for optimizing the company’s portfolio and improving the financial performance of Private Client Select.
“Ross has a strong track record of success in leadership roles within the insurance and financial services sectors,” said Jim Matthews, Managing Director, Stone Point Capital. “We are confident that, as Chief Executive Officer, he will continue to advance PCS’s transformation into a best-in-class Managing General Underwriter in the high- and ultra-high-net-worth markets.”
“I am thrilled to be appointed CEO of Private Client Select. I look forward to working closely with the leadership team and our colleagues to deliver truly differentiated capabilities and services to our clients,” said Mr. Bowie.
Prior to joining Private Client Select, Mr. Bowie served as President & Chief Underwriting Officer of Orchid Insurance. Previously, he held senior leadership roles at Bankers Insurance Group and ASI, a Progressive subsidiary.
Mr. Bowie succeeds Christopher Flatt, has who served as Interim Chief Executive Officer of Private Client Select since March 2024. Mr. Flatt will continue to serve on PCS’s Board of Directors.
About Private Client Select Insurance Services
Private Client Select Insurance Services LLC (PCS) is a leading independent Managing General Underwriter that is majority owned by Stone Point Capital LLC and American International Group, Inc. (NYSE: AIG) and that serves the High- and Ultra-High-Net-Worth Property & Casualty markets in
View source version on businesswire.com: https://www.businesswire.com/news/home/20250108469993/en/
Media Contact for Private Client Select:
Deidre.Campbell@edelmansmithfield.com
Source: Private Client Select Insurance Services LLC
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