New York, NY (April 27, 2015) – Preferred Concepts, LLC, www.preferredconcepts.com, a leading program underwriter and specialty insurance broker, announced Monday that Catherine Pipitone has joined the firm as Executive Vice President and Director of Customer Services. In this newly created role, Cathy will manage Preferred’s underwriting teams and will be responsible for the service delivery to Preferred’s customers.
As an industry veteran with experience in both brokerage and underwriting management, Cathy is ideally suited for this role. Her brokerage experience allows her insight into the needs of Preferred’s customers, while her underwriting background will help Preferred operate as efficiently as possible. Prior to joining Preferred, Cathy managed the New York office for Kevin Davis Insurance Services.
“At Preferred we recognize that our continued growth and success depend entirely on our ability to deliver high quality service to our customers. Hiring Cathy should be a signal to the market that we are serious about that commitment and will continue to invest in the talent and resources necessary to achieve that goal,” said Chris Treanor, President of Preferred Concepts. “She is a welcome addition to our organization and leadership team.”
About Preferred Concepts
Founded in 1989, Preferred Concepts, LLC is a leading insurance program underwriter and wholesale broker. The company is backed by Stone Point Capital (Trident III, L.P.), a global private equity firm with over $9 billion in committed capital. The company’s operating divisions include Preferred Concepts, the program administrator; Preferred Underwriting, the program underwriter; Preferred Brokerage, which provides wholesale brokerage services; and ezumbrella.com, an online umbrella liability program. The company has offices in New York, NY; Springfield, NJ and Westport, CT. To learn more, visit www.preferredconcepts.com.
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