Applied Underwriters Debuts Entertainment & Sports Division – Insurance Journal

by | Jul 28, 2022 | Entertainment

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New You can now listen to Insurance Journal articles!Steve Menzies, chairman of Applied Underwriters, announced the formation of Applied Entertainment & Sports, a new division of the company that will consolidate existing business and add substantial new business in an innovative and aggressively postured entertainment and sports unit headquartered in Los Angeles with a New York satellite office.
The enterprise’s debut follows several recent acquisitions and commercial business introductions that have marked Applied Underwriters’ dramatic growth.

“We are on track with our plans and have been especially fortunate in accommodating the vision and blueprints of top talent attracted to move to Applied in their chosen specialty markets,” Menzie said. “Our new Entertainment & Sports leadership team offers real testimony to our openness to great ideas and thinkers, and to our approach for engaging expert talent.”
According to Jamie Sahara, president, Applied Underwriters, the division will be led by two accomplished sector leaders with Jerid Schmickle serving as CEO. He previously was president of Reel Media Insurance Services, served as founding managing director of Alive Risk and was a senior director at Allianz / Fireman’s Fund Global Entertainment.
Schmickle will be joined by seasoned industry veteran Tim Troester, who will serve as COO. Troester was formerly EVP at Reel Media and senior director at Alive Risk before which he held executive positions at One Beacon and Nationwide. Schmickle and Troester co-founded Alive Risk in 2011 which, together with NAS Insurance, one of Lloyd’s largest cover holders, became a prom …

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