Magnolia Grove Insurance Services (“Magnolia Grove”), the Beat Capital backed environmental specialty MGA, today announces the appointment of Rumen Valkanov as assistant vice president. Shortly following the MGA’s launch in August of this year, Valkanov assumes his position with immediate effect and will report to Justin Crawford, president and CEO.
Valkanov brings more than 11 years of insurance experience to Magnolia Grove, eight of which were dedicated to the environmental insurance market. Prior to joining Magnolia Grove, Valkanov led an environmental underwriting team at Westchester, a Chubb Company, where he developed strong and enduring relationships with brokers in the West Coast region. He also holds a degree in Risk Management & Insurance from Georgia State University.
Crawford said: “This is yet another example of the high caliber talent Magnolia Grove is able to attract due to its ambition to become a market leading environmental program. Rumen’s appointment further enhances our underwriting capability and bolsters our presence in the West Coast. I am excited to welcome him to our growing team.”