BMSI, the holding company of BancInsure, has appointed Cara Byrne as president and CEO of the Companies.
Cara Byrne as a president and CEO will oversee the strategic operations of BancInsure and Matterhorn Financial Services, according to Reuters.
Prior to the new appointment, Byrne held the position of vice president of property and casualty underwriting for BancInsure.
Byrne’s association with the company ways back to 1985, where she held a number of positions in marketing, corporate operations, and underwriting functional areas.
BMSI Holdings chairman of the board of directors Galen Pate said that the appointment is reflective of the board’s commitment to the customers, association partners, employees, as well as Cara’s leadership skills.
"She has been instrumental in the profitable success of our underwriting efforts and the strength of our industry relationships," Pateadded.
A full-line independent insurer specific to financial institutions, BancInsure’s understanding of financial institutions and their intricate operations is unmatched in the marketplace.
BancInsure is headquartered in Oklahoma City, US and is licensed in 48 states providing risk mitigation and risk management solutions.