Three Holdings expands role of CFO to assume additional COO duties

New dual role will see leader work closely with president and CEO

Three Holdings expands role of CFO to assume additional COO duties

Insurance News

By Lyle Adriano

Privately-held insurance group Three Holdings has expanded the role of current chief financial officer Anastasia Botchkarev to include responsibilities as chief operating officer of the company.

In her new dual role, Botchkarev will be responsible for the overall financial and non-underwriting operations of the organization, which includes accounting, marketing, compliance, human resources, and information technology. She will work closely with president and CEO John Barclay, chief underwriting officer Ghazal Hamid, and the rest of the leadership team in executing the company’s strategic goals.

Botchkarev joined Three Holdings in 2016; she previously held senior roles at IBM and The Heart and Stroke Foundation. She has since steadily taken roles of increasing performance within the organization, culminating in her appointment as CFO in 2021.

She has the Chartered Professional Accountant (CPA) and Payroll Compliance Practitioner (PCP) designations and is currently working on her Canadian Managing General Agent (CMGA) and Chartered Insurance Professional (CIP) designations.

“Our congratulations to Anastasia on this appointment, acknowledging our confidence in her abilities, our investment in her leadership, and the value we know she will deliver to the future of our organization,” Three Holdings stated in a release.

Ghazal Hamid was named Three Holdings’ chief underwriting officer in May earlier this year. He has been with South Western Group (SWG) – a Three Holdings managing general agent – since 2003. As CUO, he oversees Three Holdings’ MGA operations SWG, MedThree, and Optisure.

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