Garceau's Hire Marks a Pivotal Addition to
Fleming Insurance Holdings' Executive Leadership as the Company
Expands Capabilities and Operations
HAMILTON, Bermuda, July 2, 2024
/PRNewswire/ -- Fleming Insurance Holdings (Fleming) today
announced the appointment of Michael
Garceau as the company's new Chief Financial Officer and
Chief Operating Officer, rounding out the executive leadership team
for Fleming.
As an experienced entrepreneur who takes a creative approach to
business operations, Garceau will play a lead role in facilitating
Fleming's growth in technology and artificial intelligence.
"Fleming has a vibrant team and provides the highest quality of
service for its clientele, and I'm excited to join this outstanding
organization. I look forward to stepping into my new role and
working with an esteemed team of professionals seeking creative
business solutions," said Garceau. "As a professional who looks to
creative and bespoke solutions, I see immense value in the team's
cutting-edge machine learning and artificial intelligence programs
to further Fleming's capabilities and pave the way for technology
in the reinsurance industry."
Garceau brings 30 years of industry expertise and a wealth of
knowledge to Fleming, supporting the company's unique ability to
streamline operations and provide critical services swiftly and
effectively. Most recently, Garceau founded the Garceau Agency,
supported by Goosehead Insurance, to provide high-quality,
affordable insurance for the Connecticut and Massachusetts areas. Before launching the
Garceau Agency, he founded Apogee Properties, a startup company
with extensive and diverse commercial and residential real estate
portfolios.
"Over the years, Michael has distinguished himself as a
successful executive and entrepreneur, creating operating models
across financial operations and claims to find solutions for
clients and businesses," said Fleming Chief Executive Officer
Eric Haller. "We are thrilled to
have him as a part of the Fleming team to expand our operational
capabilities and support our expansion."
About Fleming Insurance Holdings
Fleming Insurance Holdings is a P&C insurance capital
solutions provider. Fleming has built a track record of providing a
full range of reinsurance structures and finality solutions for
legacy liabilities, as well as liquidity and risk transfer
alternatives to the middle market insurance industry. Fleming and
its management team have extensive experience working on capital
strategies for insurance companies in the U.S., Bermuda, Cayman, the U.K., and European
Union. www.flemingih.com
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SOURCE Fleming Insurance Holdings