Universal Risk Intermediaries (UniRisk), an insurance and financial firm that designs, organizes, and implements alternative risk transfer solutions, has appointed Greg Langas as new president.

Langas brings over 25 years of industry experience to his new position as president, most of which was spent in the alternative market.

Prior positions include a broker/consultant for a multinational broker; risk manager in a Fortune 10 company; president of an Insurer owned managing general agency (MGA); and underwriter of Fortune 1000 and program MGA accounts.

Most recently, Langas was head of business development for a multinational reinsurer focused on primary MGA business, reinsurance of group captives and public entity business. In addition, he has worked in AIG, AT&T, Munich Re and Sedgwick.

UniRisk works closely with major insurance carriers to develop profitable partnerships for their clients who are companies, groups, and associations that seek alternatives to the standard insurance marketplace.

UniRisk CEO StevenNordstrom said Langas will be expanding the breadth and depth of the UniRisk services and products.

"Aside from our continued work in the Alternative Risk arena — with our Bermuda affiliates — we will be looking at providing back office services and management expertise to program managers, as well as arranging financing, for those that have such needs," Nordstrom said.