Margaret Woodruff
Head of Communications, Content and Digital
BETHESDA, MD – July 13, 2023
Victor, the leading global managing general underwriter, today announced the appointment of Ashleigh Cashman as President of International Catastrophe Insurance Managers LLC (ICAT), its US property catastrophe managing general agency. In this role, which is effective today, Ms. Cashman will be responsible for the overall growth, innovation, and talent development for ICAT and its Boulder Claims subsidiary. She will continue to be based in Broomfield, Colorado and report to Brian Hanuschak, CEO of Victor.
ICAT underwrites wind and earthquake property insurance for businesses and homeowners in 42 states and recently became the exclusive MGA and third party claims administrator for Victor Insurance Exchange, a reciprocal exchange affiliate offering property catastrophe insurance to businesses and individuals.
Ms. Cashman joined ICAT in 2003 and has served in steadily increasing leadership roles within ICAT’s underwriting department. She was named Chief Underwriting Officer in 2018 and took over the leadership of ICAT on an interim basis in December 2022. She will also remain in her role as Chief Underwriting Officer of ICAT.
Commenting on Ms. Cashman’s appointment, Mr. Hanuschak said: "Ashleigh is an exceptional customer-centric leader with a deep understanding of the property catastrophe insurance market. Her proven track record of delivering solid underwriting results and innovative capital solutions will provide strong and effective leadership as ICAT continues to drive growth in this important sector.”
Ms. Cashman added: “In today’s challenging property catastrophe market, agents and brokers need an insurance provider that can deliver reliable capacity, underwriting expertise, and best-in-class service. I look forward to leading the talented teams at ICAT and Boulder Claims and driving further innovation in the market with the goal of helping people and businesses recover after a natural disaster.”
About Victor
Victor is a leading global managing general underwriter with locations in the US, Canada, UK, Netherlands, Germany, Italy, and Australia. It handles more than $3.6 billion in premium on behalf of numerous insurance and reinsurance relationships, through a large network of more than 20,000 active insurance agents and brokers. With deep, specialized underwriting expertise, the company provides a wide range of insurance solutions – from specialty property and casualty and professional liability insurance to group and retiree benefits. Victor is committed to building on 65-plus years of experience to develop products that address risk in new and evolving areas. For more information, visit www.victorinsurance.com.
About ICAT, a Victor company
International Catastrophe Insurance Managers LLC – more commonly known as ICAT – is Victor’s catastrophe insurance managing general underwriter, based in Broomfield, Colorado. ICAT serves small to mid-size businesses and homeowners in catastrophe-exposed regions of the United States.
ICAT was founded in 1998 with the goal of helping homeowners and business owners in hurricane- and earthquake-prone regions of the United States recover from natural disasters. Business is produced in tandem with select retail agents and wholesale brokers.
The company underwrites on behalf of pre-eminent US carriers and Syndicates at Lloyd’s of London. Boulder Claims, a subsidiary of ICAT, has successfully managed more than 42,000 catastrophe claims since its founding in 2005. For more information, visit www.icat.com.