A round-up of employment-related news as well as awards and raffles from in and around the Massachusetts insurance industry. Have an announcement you would like to share? Send it to us here.
Energi Names Michael Windstein as Chief Underwriting Officer
Energi names Michael Windstein as Chief Underwriting Officer. Michael Windstein will support the underwriting operations with the recent launch of Energi’s eCaptiv programs for the energy and transportation industries.
“Windstein has been a strong asset to the underwriting operations at Energi,” says Timothy Kolojay, President and Chairman of eCaptiv. “His experience and knowledge of the insurance and energy industry will be critical in the success of the eCaptiv programs.”
Windstein previously worked as Assistance Vice President for the Mid-Atlantic, where he managed the underwriting portfolio for the region. In addition to his experience at Energi, he was Assistant Vice President and Underwriting Manager at Victor O. Schinnerer and was an underwriter for the Global Energy Middle Market (GEMM) program at AIG specializing in the oil and gas industry.
Energi has recently launched eCaptiv, a captive insurance company domiciled in Vermont. The PC1-IC program is geared towards energy companies within fuel distribution, energy transportation, energy construction, renewable energy, agricultural cooperative, and utilities who have $250,000 or greater in primary casualty premiums. eCaptiv’s PC2-IC program is for energy companies in the same space as PC1-IC, but whose primary casualty premiums are less than $250,000.
William Wahl Named Vice President of Commercial Mortgage Loans at Boston Mutual Life
Long-Term Employee Promoted to Oversee Commercial Mortgage Loan Management
Boston Mutual has announced the appointment of William “Bill” Wahl as Vice President – Commercial Mortgage Loans. Most recently serving as Second Vice President – Investments, Mr. Wahl has been with Boston Mutual for more than 30 years. In his new role, he will be responsible for managing the company’s commercial mortgage loans and overseeing relationships with key mortgage partners.
“With his extensive expertise, long-term dedication to the company, and strong relationships, Bill has played a key role in contributing to the success of our commercial mortgage loan portfolio management,” said Cliff Lange, Executive Vice President, Chief Financial Officer and Chief Actuary at Boston Mutual Life Insurance Company. “His talent, leadership, and interpersonal strength positioned him as the clear choice for this role.”
In his new position, Mr. Wahl, who began his career at Boston Mutual in 1986, will manage the origination, underwriting, closing and servicing of commercial mortgage loans, including maintaining articulated levels of new commercial loan activity and total portfolio value. Prior to joining the life insurance company, he served as Assistant Vice President – Commercial Real Estate at Rhode Island Hospital Trust National Bank and at People’s Bank, both based in Providence, Rhode Island.
Mr. Wahl holds a bachelor’s degree in accounting from University of Rhode Island in Kingston, Rhode Island.
