Palomar Holdings, Inc. Announces Appointments to Executive Leadership Team

Core Insights - Palomar Holdings, Inc. is expanding its leadership team with the appointments of Tim Carter as Chief People Officer and Rodolphe "Rudy" Herve as Chief Operating Officer, aimed at managing profitable growth and executing the company's Palomar 2X strategy [1][2] Leadership Appointments - Tim Carter will assume the role of Chief People Officer on June 24, 2024, bringing over 20 years of executive leadership experience in human resources, operations, and sales [2][5] - Rodolphe "Rudy" Herve will take on the position of Chief Operating Officer starting July 1, 2024, with over 20 years of expertise in technology, operations, strategic transformations, and mergers and acquisitions [2][6] Executive Backgrounds - Tim Carter previously served as Senior Vice President of Human Resources at LPL Financial, where he led talent acquisition and corporate real estate, and launched a culture transformation program [5] - Rudy Herve was the Global Head of P&C Operations at SCOR and has held various leadership roles at QBE North America, Bain & Company, and Morgan Stanley [6] Company Overview - Palomar Holdings, Inc. operates several subsidiaries, including Palomar Specialty Insurance Company and Palomar Specialty Reinsurance Company Bermuda Ltd., and serves clients in five product categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting, and Crop [7] - The company's insurance subsidiaries have a financial strength rating of "A-" (Excellent) from A.M. Best [7]