MS Transverse, a specialty insurance platform that works with programme administrators and managing general agents (MGAs), has announced the appointment of Anthony “Tony” Grippa as Chief Commercial Officer (CCO).
Grippa brings over more than 25 years of experience building and leading businesses across insurance, reinsurance, programs, specialty insurance, brokerage and claims services.
He is joining the company from BMS Re, where he most recently served as Chief Strategy Officer, and was a member of the U.S. Executive Committee.
During his time at BMS Re, he has in charge of leading strategic initiatives across Programs, Mutuals and Specialty.
Before this, he spent nearly eight years as an Operating Partner at Dowling Capital Partners and a Senior Advisor at Dowling Hales, where he held senior leadership roles across a number of insurance businesses.
Grippa also served as Risk Transfer and Vice Chairman of Atlas General, assisting in the transformation of both companies, and eventually overseeing their sale to Arthur J. Gallagher.
Additionally, he provided advisory services for numerous MGA and insurance intermediaries transactions on behalf of Dowling Hales.
Furthermore, as Executive Chairman and CEO of RYZE Claim Solutions, Grippa led the nationwide claims services provider through a strategic recapitalisation alongside Bain Capital Insurance.
Earlier in his career, he spent more than a decade at Brown & Brown. As Regional President, he oversaw 19 retail offices and later also added responsibility for Wright Specialty to his remit.
Grippa began his career in insurance regulation and public policy at the Florida Department of Insurance and went on to serve as President of the Florida Insurance Guaranty Association.
“Tony is a respected leader with a rare breadth of experience across the insurance industry,” said John Fitzgerald, CEO of MS Transverse. “He brings the judgment of a seasoned operator, a deep network across the industry and a practical, commercial mindset. He will be a strong addition to our leadership team and I am pleased to welcome him.”
“MS Transverse has established a distinctive position as the leading hybrid fronting carrier for programs and MGAs, backed by the strength of MS&AD,” said Tony Grippa. “I am looking forward to working with John and the leadership team, to support our people, and to help shape the next stage of the company’s growth.”
