The business development team at Xceedance was expanded in the summer with the addition of George Freimarck as vice president of business development.
George brings an extensive background in providing solutions to the risk transfer industry, with experience in reinsurance, risk syndication, and advanced analytics. Most recently, he was a practice leader with CoreLogic. Prior to that, he was senior vice president with Munich Re, where he was intricately involved in risk syndication for financial market clients, operating an intra-group brokerage service, and recommending reinsurance solutions for insurers and reinsurers. George began his career as a reinsurance broker with Guy Carpenter, serving clients in Japan, Switzerland, and the U.S.
“George is already adding value to the Xceedance management team by bringing a strong risk management and reinsurance perspective to our services,” CEO Arun Balakrishnan said. “As Xceedance expands globally, George’s experience and skill set will be key. His business development skills, experience working with insurance and reinsurance companies and producers, knowledge of industry analytical tools, and global connections throughout the industry will provide a laser sharp focus for our growth and client acquisition strategies.”
George’s responsibilities will include developing strategy and execution to extend the company’s client base. His efforts to increase our market presence will compliment business development efforts and help to establish a baseline awareness of the company’s capabilities within an already well-informed target segment of the insurance industry. He will be based in the company’s Boston headquarters.
“I’m excited about the potential Xceedance has to reshape the services marketplace in the insurance industry,” said George. “This company truly has the ability to help insurance organizations capitalize on the unprecedented technology change happening across all lines of business right now.”
A full transcript of the press release is here.