Life Insurance

Obsidian taps new chief underwriting officer

Obsidian Insurance Holdings has announced the appointment of Andrew Aldorisio as chief underwriting officer. Aldorisio’s new role includes responsibilities for managing program underwriting and due diligence to ensure the growth and profitability of the company’s portfolio.

“We are excited to have Andrew join our team and bring his technical underwriting expertise and extensive program insurance experience to our platform,” said William Jewett, Obsidian CEO. “His addition continues the buildout of our hybrid program fronting carrier platform that will continue to bring creative, valuable, and efficient marketplace solutions to MGAs, risk aggregators, and reinsurers. Andrew’s experience and skillset will further enhance and broaden Obsidian’s underwriting capabilities as we continue to be a valued partner to those operating within the rapidly evolving program space.”

Read more: Genstar Capital backs formation of new insurance company

Prior to joining Obsidian, Aldorisio served as vice president for program business at SCOR, where he managed casualty and professional lines programs and led business development for SCOR Re’s primary insurance programs business unit. He has also served as vice president and program underwriter at Munich Re America. He began his career in the alternative markets group at Arch Insurance Group.

Obsidian was formed earlier this year in partnership with executives at Genstar Capital.

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