Orchid Insurance taps new CFO

Orchid Insurance taps new CFO | Insurance Business America

Orchid Insurance taps new CFO

Orchid Underwriters Agency (Orchid Insurance), one of the largest independent managing general underwriters with a focus on catastrophe-exposed properties, has announced the appointment of Michael Garamoni as chief financial officer.

“Michael’s experience in financial operations and technology systems is a welcome asset for Orchid Insurance,” said Brad Emmons, president and CEO of Orchid Underwriters Agency. “He brings a wealth of experience and knowledge, which includes a proven track record of success in challenging financial roles. His understanding and management of financial processes in a global company will strengthen Orchid’s financial operations. I am confident her will be an invaluable asset as we continue to pursue attractive growth opportunities and expand our market leadership position.”

Garamoni has 13 years of experience in finance, reporting and planning. He was previously vice president of global finance for Ryan Specialty Group, and has also served at PricewaterhouseCoopers.

“For a long time, I have respected Orchid’s best-in-class execution of strategy,” Garamoni said. “The team has built a very strong, client-centric culture, and I look forward to helping Orchid in its next phase of growth.”