Crum & Forster appointed Daniel Sussman president of its credit division effective immediately, according to a Sept. 7 announcement.
Sussman will report to Chief Executive Officer Marc Adee.
Sussman will lead C&F‘s expanding admitted and surplus lines credit insurance platforms, covering a full range of credit risks for customers in North America. He’ll also oversee the strategic partnership with Nexus Underwriting Ltd. in London, dubbed Nexus C&F, which offers an established presence for serving U.K. and Continental European clients.
“Dan’s breadth of knowledge and expertise make him the perfect fit to lead our efforts in the competitive credit insurance market,” said Adee in a prepared statement. “We look forward to Dan and his outstanding team driving profitable growth across the division’s extensive product suite, as well as supporting the increasingly diverse risk management needs of a wide range of customers.”
Sussman joined C&F in 2019 as senior vice president to launch the credit group. Under Sussman’s lead, the division focuses on four specialty areas to address financial, operational and strategic corporate risks, including trade credit, multibuyer credit, mortgage risks and alternative risk solutions.
Sussman was previously at Ironshore Inc. in New York for nine years where he founded and served as president of trade credit, political risk and special risk, overseeing underwriting teams in the U.S., London, Dubai, Singapore and Sydney.
“We look forward to continuing to provide our valued clients and producer network with excellent service and the innovative products and solutions they need to successfully operate in this challenging market,” said Sussman.
1 of 1 article
0 articles remaining
Advance your business edge with news from NJBiz. Register now for more article access.