February 2, 2021
Platinum Specialty Underwriters announced today the appointment of Jeff Heath to President. Jeff will lead Platinum Specialty Underwriters in continued endeavors of investing in MGAs that supply insurance products for hard to insure risks through the wholesale distribution channel. Under Jeff’s leadership, Platinum Specialty Underwriters will supply valuable products to insureds through wholesalers while ensuring profitable results to insurance partners. The Platinum platform will be a digital foundation built upon efficient processes that create deep data for analysis to perfect value for Insurers and Insureds.
Jeff has a 38-years of reinsurance and wholesale insurance management experience, including a career at Gen Re followed by the establishment of his own successful business, Heath XS, where he pioneered a digital paperless platform. Both the firm and platform were acquired by Hallmark. He later joined Swett & Crawford with a focus on underwriting strategy. Jeff is currently a Founding Partner of XPT Group, a specialty insurance distribution firm set apart by delivering expertise through a collaborative partnership culture.
Tom Ruggieri, XPT CEO stated, “Jeff’s rich history of insurance management and business creation has been focused on developing efficient processes leading to data analysis while driving extraordinary results which makes him ideal to lead Platinum Specialty Underwriters. He has an unmatched, proven track record of product development and profitably leading Managing General Underwriting operations to business success.”
Platinum Specialty Underwriter’s diverse portfolio recently added International Property & Casualty Brokers of Nevada, Inc. (IPC) and has been successfully operating a primary auto liability program for Mid & Large fleet trucking firms.
A number of new offerings will be launching in Q1 2021.
About Platinum Specialty Underwriters
Platinum Specialty Underwriters is a Managing General Underwriter platform distributing through the Wholesale channel. The platform focuses on leading service technology combined with expert underwriting, claims management, loss inspection, and actuarial analysis to assure partner insurance company’s low loss ratios and valuable products for insureds. Platinum invests in underwriting teams and underwriting businesses with a collaborative entrepreneurial culture.
Contact: Jeff Heath 908.295.1763 jheath@xptspecialty.com