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InsurTech Kalepa adds Germano as president of insurance

Kalepa logo wth Germano.jpg

Commercial InsurTech Kalepa has hired industry veteran Connie Germano as its new president of insurance based in New York, this publication can reveal.

In the new role, the executive will oversee the launch and development of Kalepa’s MGA, Kalepa Insurance Services, and be responsible for the firm’s underwriting strategy and products.

Germano will also supervise Kalepa’s plans to combine underwriting expertise with its Copilot technology to deliver new InsurTech products across the US.

Headquartered in New York, Kalepa is a commercial insurance software provider. It recently added Mario Vitale, president of Peter Thiel-backed startup Arceo, to its advisory board.

The commercial insurance start-up is backed by IA Ventures and Inspired Capital.

Germano’s appointment comes after this publication reported earlier this week that the executive had left Everest Re after six years. She was president of specialty casualty for Everest’s fast-growing insurance business and had been set to move to reinsurance.

The executive also worked at Chubb, AIG and Zurich, where she began her underwriting career in the early 1990s.

Commenting on the appointment, Paul Monasterio, Kalepa CEO and co-founder, said: “Connie brings a rare combination of insurance experience and acumen along with a deep commitment to redefining how insurance is underwritten in order to better serve the needs of insureds, carriers and distribution partners.”

“Connie has developed a stellar reputation for her management abilities and her approach to achieving mutually successful partnerships over her 25 years of insurance leadership,” he added.

“Connie also shares Kalepa’s vision and our core values and I am confident she will create immense value for Kalepa and our trading partners. We are very excited to have Connie on board."

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