Leadership Transitions at Great Bay Insurance Group to Strengthen Growth Strategy

Great Bay Insurance Group Announces Leadership Changes

The Great Bay Insurance Group, the premier provider of coastal homeowners' insurance in New Jersey, has made significant announcements regarding its leadership team that aim to bolster its growth and service delivery. In a move that reflects the Group's commitment to enhancing operational efficiency, Brian S. Schleider has been appointed as the Executive Vice President and Chief Financial Officer. Concurrently, Sharon Karlsson-Simons has been elevated to the role of Senior Vice President of Business Development for Great Bay Underwriting Services, a subsidiary of the Group.

Leadership Profiles

Brian S. Schleider brings more than 35 years of extensive finance and accounting experience to his new role. Having joined Great Bay in 2020 as the Chief Financial Officer, he has utilized his expertise to help navigate the organization's finances during tumultuous economic climates, especially pertinent given the challenges faced by the insurance sector. He earned his MBA from Saint Joseph's University, coupled with a Bachelor of Science degree in Accounting from Rider University. His leadership is further bolstered by being a member of the American Institute of Certified Public Accountants, which underscores his professional credibility in financial governance.

Sharon Karlsson-Simons comes with a wealth of experience in the coastal insurance market, also having joined the Group in March 2020. Her previous role as Director of Marketing saw her develop and implement strategies that have driven growth and improved client relations throughout the industry. With a degree in Advertising and Marketing Communications from the Fashion Institute of Technology (FIT), Sharon is recognized in the industry for her adeptness in fostering profitable business relationships and her commitment to client satisfaction. As she transitions to Senior Vice President of Business Development, her focus will remain on expanding agency relations while enhancing the Group's service offerings.

Strategic Vision Ahead

Both leaders are set to play pivotal roles in steering the Group towards a more resilient future. The coastal homeowners' insurance market presents unique challenges and opportunities due to environmental changes and evolving consumer needs. With these leadership transitions, Great Bay Insurance Group is strategically positioned to adapt to these dynamics, leveraging its improved management structure to capitalize on new market segments.

In an official statement, Brian Schleider expressed his enthusiasm regarding these changes: "We are excited about our new leadership structure, which distinctly positions the Great Bay Insurance Group for future growth and innovation. Our commitment to serving coastal homeowners remains steadfast as we enhance our products and services to meet their ever-changing needs."

Sharon Karlsson-Simons echoed this sentiment, stating, "I am honored to take on this new role and continue to cultivate the strong relationships that have become the backbone of our company. Our agency partners are critical to our success, and I look forward to driving initiatives that will empower them and, in turn, provide better service to our clients."

Conclusion

As these transitions unfold, industry stakeholders are keenly observing the Great Bay Insurance Group's next steps under the guidance of its newly appointed leaders. This shift is expected to not only streamline operations but also significantly enhance its responsiveness to the coastal insurance market's demands. With a strong focus on innovation and development, the Group aims to further cement its status as a leader in this vital sector.

The Great Bay Insurance Group remains committed to a customer-centric approach, ensuring that all homeowners under its umbrella continue to feel secure in their investment, buoyed by the sound leadership steering the company forward.