Michael Ferber Named CEO of Dovetail Insurance
COLUMBIA, SC | April 23, 2019 - Dovetail Insurance, an InsurTech company that serves independent agents providing small commercial insurance, today announced the appointment of Michael Ferber as Chief Executive Officer, effective immediately. Dovetail is a member of Victor, the global managing general underwriter.
Mr. Ferber is an industry veteran who brings strong experience in commercial insurance platform development and digital modernization from his previous role as Chief Information Officer at ICAT, the highly specialized digital-based underwriter of US catastrophe insurance, and also a Victor company. He succeeds Gregory Martin, who will retire from the firm at the end of May.
“We believe the future of insurance, in the small commercial sector, is for agents to be able to fulfill all of their clients’ insurance needs in one digital experience,” said Mr. Ferber. “Dovetail is well positioned to be their go-to digital marketplace for business coverage in the United States, and I’m excited to lead the firm.”
Prior to ICAT, Mr. Ferber worked at Lehman Brothers as Senior Vice President for Change Management, and at GMAC, leading operations and technology within its mortgage banking division.
Commenting on Mr. Ferber’s appointment, Christopher Schaper, CEO of Victor Insurance Holdings, said: “Mike’s extensive background as a leader in operations, technology, and digital innovation, make him perfectly suited to lead Dovetail into its next chapter and meet the changing needs of clients. I want to thank Greg Martin for his extensive contributions to the firm and wish him the very best in his retirement.”
Dovetail Insurance is a true digital MGA, offering multiple quotes for multiple products from multiple carriers. Through its insurance-simplified approach, Dovetail leverages its unique, cloud-based solutions to bring independent insurance agents speed, agility and choice in the small commercial market. Dovetail’s commercial insurance platform helps insurance carriers deliver new products and programs to market quickly. Formed in 2006, Dovetail envisioned a better way to process insurance transactions, from start to finish, all in one place. With an experienced insurance operations team, Dovetail is changing the way small, commercial risks are matched and distributed through the use of advanced, technology-based solutions. Dovetail is based in Columbia, South Carolina and offers its services across all states in the US. Visit www.dovetailinsurance.com.
Starr Crusenberry, Head of Dovetail Marketing