Specialty insurance distribution platform JenCap Holdings LLC recently bolstered its leadership team with the promotion of Mark Maher to chief operating officer and the appointment of David Nielsen as corporate chief financial officer.
Maher was previously the president of JenCap’s NIF Group, a managing general agency, program manager and wholesale insurance brokerage based in New York with offices in the northeast and west.
In his new role, Maher will work with the JenCap management team in developing strategic plans, managing carrier and key broker relationships, and will work with divisional business leaders to achieve an effective cross sale protocol while maintaining a high service level throughout the organization.
Meanwhile, Nielsen comes from a previous stint as chief financial officer of CommunityOne Bancorp. He also served as chief operating officer of Wells Fargo’s wholesale business. Nielsen brings a unique mix of operating and financial experience, operational and financial integration knowledge, and significant private equity experience to his new role.
“I am excited to have both Mark and Dave on the senior JenCap team,” said John F. Jennings, president and chief executive officer at JenCap. “They bring added strength, expertise and leadership capabilities that will be essential as we continue to transform and grow our company.”