Trean announces two senior promotions

Insurance policy administration and reinsurance consulting enterprise Trean Insurance coverage Team has promoted Chief Fiscal Officer Julie Baron to the new situation of President and Main Operating Officer, and Main Accounting Officer Nicholas Vassallo to Chief Financial Officer.

Baron has served as Trean’s CFO due to the fact 2015 and Treasurer and Secretary considering that 2020.

Prior to starting to be CFO, Baron served as the Controller for Benchmark, Trean’s wholly-owned subsidiary.

Right before signing up for Trean, Baron was Controller for a home finance loan broker and title company in the Twin Metropolitan areas.

Vassallo has served as Main Accounting Officer due to the fact 2020, and prior to signing up for Trean, had served in a number of roles for iMedia Brand names, like Main Accounting Officer and Senior Vice President, Company Controller.

He commenced his vocation with Arthur Anderson LLP, wherever he used 8 many years in its audit follow group.

Andrew M. O’Brien, Chief Govt Officer of Trean commented: “We are energized to boost the two Julie and Nick, who have contributed drastically to our ongoing achievement and will be nicely-positioned as we go ahead to add incremental price in their new roles and responsibilities.

“Julie has confirmed her sturdy understanding of all areas of the insurance policies sector and her leadership qualities around a lot of years with Trean.

“As President and COO, she will be capable to devote her time completely toward executing on our several expansion options and long-time period strategic goals.

“Since becoming a member of Trean, Nick has been instrumental in acquiring our finance and accounting groups, as effectively as ensuring the monetary balance of our harmony sheet and portfolio.

“We are assured that Nick will seamlessly transition into the CFO job and proceed to be a actually helpful leader for our finance crew.”