Insurance and reinsurance broker Protecdiv has appointed David Castillo to the newly created role of Executive Vice President (EVP) and National Construction Practice Leader.
In the role, Castillo will lead the strategic growth and development of the broker’s construction and surety business.
The appointment aligns with Protecdiv’s larger plans to expand its construction and surety capabilities.
Castillo has over 30 years of expertise in the segment and has developed, managed complex surety programs for clients across industries. In the past, he held senior positions at major brokers, including USI Insurance Services, Marsh, and Willis.
He served as the Chief Executive Officer (CEO) of The Gray Casualty & Surety Company, successfully leading the company’s national expansion efforts, to move from a regional player to a nationwide surety firm.
Castillo commented, “I am excited to join Protecdiv and lead the development of our Construction and Surety Solutions. Protecdiv’s commitment to innovation and excellence in the risk management space aligns perfectly with my own values, and I look forward to building a world-class team to serve our clients. I’m eager to contribute to the firm’s continued success and to drive growth in this critical area of business.”
Kael Coleman, Founder and CEO of Protecdiv, added, “We are thrilled to welcome David to the Protecdiv team. His extensive background in surety and P&C, along with his proven track record of leadership and innovation, will be instrumental as we continue to grow and expand our Construction and Surety solutions.
“David’s vision for the future of this business is perfectly aligned with Protecdiv’s goals, and we are confident he will help us achieve great things in this space.”
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