January 29, 2025 | JacobiJournal.com — ICW Group Insurance Companies, a top property and casualty insurance provider, has appointed Mark Moitoso as its new President, effective immediately. In this role, Moitoso will lead underwriting and shared services operations, focusing on business growth, product line expansion, and operational efficiency.
Moitoso’s appointment comes at a time when ICW Group is looking to strengthen its market position and enhance operational performance across its nationwide network. Industry analysts note that his extensive background in risk management and team leadership could help the company streamline processes, develop innovative insurance solutions, and better respond to evolving customer needs in the property and casualty sector.
Bringing 35 Years of Expertise
With more than 35 years of industry experience, Moitoso brings a deep understanding of property and casualty insurance. His career spans multiple leadership roles, where he has successfully built teams and delivered tailored insurance solutions. He takes over the position from Kevin Prior, who will continue serving as CEO.
“We’re excited to welcome Mark to our leadership team,” said Prior. “His extensive expertise and strong track record of driving results make him the ideal leader to propel ICW Group forward. We are confident that under his leadership, we will continue delivering top-tier insurance experiences for our policyholders and agent partners.”
A Vision for Growth and Operational Excellence
Moitoso will also oversee shared services operations, managing more than 1,200 employees nationwide. These teams support policyholders and agents across various product lines, including workers’ compensation and catastrophe coverage.
“I am thrilled to join a company dedicated to exceptional customer service and innovation,” Moitoso stated. “ICW Group has built an outstanding reputation for integrity and sustainable growth. I look forward to leveraging my experience to strengthen its foundation and help drive the company to new heights.”
A Proven Leader in the Insurance Industry
Before joining, Moitoso served as Executive Vice President, Risk Practices at Lockton Companies, working in Kansas City and Atlanta. Previously, he spent 25 years at Liberty Mutual, holding various leadership roles. Based in San Diego, he is a Fellow of the Casualty Actuarial Society and a Member of the American Academy of Actuaries.
About ICW Group
Headquartered in San Diego, ICW Group Insurance Companies is the largest privately held insurance company in California. The company specializes in Workers’ Compensation, Assumed Reinsurance, and Catastrophe coverage, with a strong focus on helping policyholders reduce claim costs and supporting trusted insurance agents.
For further details, read the full announcement from ICW Group.
FAQs: About the ICW Group
Who is the new President of ICW Group?
Mark Moitoso has been named President of ICW Group, bringing more than 35 years of insurance industry experience to the role.
What responsibilities will Mark Moitoso have?
He will oversee underwriting and shared services operations, focusing on business growth, product expansion, and operational efficiency.
Why is leadership change significant?
The appointment highlights ICW Group’s commitment to strengthening its market position and delivering value to policyholders and agent partners.
What industries does ICW Group primarily serve?
ICW Group specializes in property and casualty insurance, including workers’ compensation, assumed reinsurance, and catastrophe coverage.
Who is the CEO of ICW Group?
Kevin Prior serves as the CEO. He continues in this role while Mark Moitoso assumes the position of President, overseeing underwriting and shared services operations.
Who is the founder of ICW?
ICW Group Insurance Companies was founded to provide specialized property and casualty insurance solutions in California. The company has grown into the largest privately held insurance provider in the state.
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