New CEO takes reins at Spinnaker – Insurance United States

New CEO takes reins at Spinnaker – Insurance United States

Spinnaker Insurance, a nationwide property and casualty insurer owned by Hippo Enterprises, has introduced the appointment of Torben Ostergaard as president and CEO. Dave Ingrey, who beforehand served as CEO, will transition to chief working officer.

Ostergaard has greater than 25 years of expertise as a danger officer working throughout the monetary companies trade. Previous to becoming a member of Spinnaker, he spent greater than a decade in C-suite roles at USAA, together with serving as govt vp, chief danger officer, and a member of the chief council. He has additionally served as chief credit score officer at HSBC Monetary in Canada. Ostergaard presently sits on Opendoor’s danger advisory board.

“I’ve been blown away by the mixture of innovation and expertise that Hippo has deployed alongside Spinnaker and am thrilled to be becoming a member of Spinnaker as its CEO,” Ostergaard mentioned. “I look ahead to constructing on the nice work of the crew that’s established Spinnaker as a premier fronting firm to deliver its world-class fronting companies and expertise to the following degree for the good thing about our current companions and as we broaden into new classes of enterprise.”

Learn subsequent: Hippo Insurance swoops in for service Spinnaker Insurance

“Torben’s danger administration and monetary experience, public firm expertise at USAA and Fortune 100 govt management makes him exceptionally certified to steer Spinnaker to its subsequent chapter of development,” mentioned Richard McCathron, president of Hippo Enterprises and chairman of Spinnaker. “We’re extremely grateful to Dave for bringing the Spinnaker enterprise to this stage, and having him stay in a important management position will present continuity and speed up enterprise development, innovation and enlargement into new channels.”

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New CEO takes reins at Spinnaker
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