New office establishment by XPT Specialty in Buffalo city
XPT Specialty, a leading wholesale broker for commercial and personal insurance, has announced the opening of a new office in Buffalo, New York. The expansion comes as part of the company's growing national footprint and commitment to regional talent acquisition and exceptional broker-first service.
The new office will be headed by three experienced brokers: Audrey Manzella, Amy Siebert, and Zak Zorich. Audrey Manzella, an Assistant Vice President (AVP) at XPT Specialty, brings extensive experience in underwriting and expanding a Buffalo office. Amy Siebert, also an AVP at XPT Specialty, has 15 years of insurance experience, specializing in general commercial business and real estate risks in the coastal Northeast. Zak Zorich, a Senior Broker at XPT Specialty, has a background in banking, client service, and underwriting experience in the excess & surplus (E&S) lines space.
In addition to the new office leadership, XPT Specialty has welcomed three new team members: Alex Thomas, Cynthia Ann Pompa, and Connor Fritzsche. Alex Thomas joins XPT Specialty as a Broker Underwriter, while Connor Fritzsche joins as Associate Broker. Cynthia Ann Pompa takes on the role of Senior Commercial Lines Underwriter/Broker.
The new team at the Buffalo office brings a strong blend of underwriting expertise, established market relationships, and regional insights. This addition underscores XPT Specialty's commitment to providing exceptional service to its clients in the Northeast region.
B.P. Marsh has provided XPT Specialty with further financial support, structured via both a purchase of existing equity and an additional loan amounting to US$12.6m. This investment will help XPT Specialty continue its growth and expansion efforts across the United States.
As XPT Specialty continues to grow, it remains focused on attracting top talent and expanding its presence in key markets. For more information about XPT Specialty's expansion and new hires, please visit the company's official website or LinkedIn page.
- XPT Specialty, under its insurtech approach, is integrating telematics data into the underwriting process at the newly opened Buffalo office, aiming to offer more personalized insurance solutions.
- The Buffalo office expansion by XPT Specialty is expected to have a positive impact on the insurtech industry, as the company's focus on technology-based underwriting achieves greater scale.
- The financial support from B.P. Marsh has enabled XPT Specialty to invest in emerging technologies like AI and machine learning, which will be utilized to streamline business operations and improve client servicing across various markets.
