SCOR’s global P&C leader to exit for Californian specialty insurer after promotion
SCOR’s recently promoted global head of operations for property and casualty, who assumed the role just a few months ago, is set to exit the company for a new opportunity with a Californian specialty insurer.
Palomar Holdings has hired a new chief operating officer, who will join the company in July from SCOR. It has also appointed a chief people officer from LPL Financial.
Rodolphe Herve (pictured) will join Palomar as chief operating officer. Tim Carter as chief people officer.
Herve has over 20 years of experience in the industry across technology, operations, strategic transformations, and mergers and acquisitions. He spent the last four years at reinsurance giant SCOR, and prior to that, almost a decade at QBE.
Most recently, Herve was the global head of operations for property and casualty at SCOR, a role he assumed a couple of months ago after being promoted from chief transformation & operations officer for specialty insurance. He started at SCOR in 2020 as CEO North America & global head of operations for specialty insurance. His previous roles span QBE North America, Bain & Company, Orange Ventures, and Morgan Stanley.
Carter, with over 20 years of executive leadership experience, joins from LPL Financial where he served 10 years, most recently as its senior vice president of human resources overseeing talent acquisition, total rewards, and corporate real estate. His previous stints include G4S Integrated Services, Parexel and Home Depot.
Mac Armstrong, Palomar’s chairman and CEO, said: “We are thrilled to welcome Tim and Rudy to Palomar as we expand our leadership team to effectively manage our profitable growth and execute our Palomar 2X strategy.
“Our ability to attract such accomplished executives like Rudy and Tim is a testament to not only our success to date but also and more importantly the opportunity that lays ahead. We believe Tim and Rudy’s extensive experience will be invaluable as we continue to grow and will further enhance our ability to build Palomar into a leading specialty insurer,” Armstrong added.
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