Starr Insurance establishes Twin Maples Specialty division to enhance focus on wholesale brokerage community
Starr Insurance has announced the formation of Twin Maples Specialty, a significant new division under Starr Specialty Lines Insurance Agency, LLC, aiming to bolster its engagement with the wholesale brokerage community. This strategic initiative is set to revolutionize how business is conducted with wholesale brokers, who are increasingly gaining traction in the U.S. insurance market. Leading the helm of Twin Maples is Bob Gadaleta, stepping into the role of Executive Vice President, Wholesale Commercial Insurance. Gadaleta brings to the table an impressive portfolio with over 29 years of experience in the insurance industry, having honed his skills in underwriting and field sales leadership at renowned companies like Hiscox and AIG.
At the core of Twin Maples Specialty’s mission is the delivery of innovative products and client-centered solutions tailored for the middle market and small business segments. This focus is facilitated through a dedicated team of underwriters working exclusively within the wholesale channel, a move anticipated to enhance the effectiveness and reach of Starr Insurance’s offerings. According to Steve Blakey, president of Starr Insurance, the company acknowledges the distinct requirements of wholesale and retail brokerages. Blakey affirms Starr’s commitment to meeting the diverse needs of its trading partners, with Twin Maples Specialty playing a pivotal role in this endeavor, especially in addressing the casualty insurance needs of wholesalers and their clients.
Twin Maples Specialty is poised to make its market debut in the coming months, introducing a suite of professional liability and financial lines products. These offerings are backed by A-rated carriers, spanning both the excess and surplus lines as well as admitted markets, ensuring comprehensive coverage options for clients. The operation base for Twin Maples is strategically located in Alpharetta, GA, positioning the division to effectively serve its target market segments.
The establishment of Twin Maples Specialty by Starr Insurance is a testament to the company’s forward-thinking approach and its dedication to serving the evolving needs of the wholesale brokerage community. With the leadership of industry veteran Bob Gadaleta, the division is well-positioned to innovate and provide tailored insurance solutions that resonate with the needs of the middle market and small business sectors.
The creation of Twin Maples Specialty signifies a strategic move by Starr Insurance to deepen its engagement with the wholesale brokerage segment, an area showing substantial growth in the U.S. insurance landscape. Under the leadership of a seasoned professional like Bob Gadaleta, the division is expected to bring fresh perspectives and innovative solutions to the table, further enhancing Starr Insurance’s competitive edge in the market. This development not only underscores the company’s commitment to addressing the specific needs of its clientele but also highlights its adaptability in the fast-evolving insurance industry.