Crown Global Appoints Thomas Berry As Chief Actuary
NEW YORK, October 7, 2014 — Crown Global Insurance LLC (“Crown Global” or “the Company”), a leading provider of specialty insurance solutions, today announced the appointment of Thomas Berry as chief actuary of the company. In this role, Mr. Berry will lead the Company’s actuarial functions and will collaborate with the management team on product development as well as other strategic initiatives.
Mr. Berry brings to the Company over 25 years of insurance and actuarial experience. Prior to joining Crown Global, he has held management positions with several large U.S. companies, performing a variety of actuarial and related duties, including product development, financial reporting and technical support. From 2008 to 2012, he worked at Coventry as an AVP of product development, helping develop strategies and working on life settlements, mortality structures and other longevity transactions. Previously, he held similar positions at ING and GE, focusing on product development and implementation of variable life and annuity products.
“Tom brings to Crown Global significant actuarial knowledge and deep expertise in product development related to life insurance and variable annuities products,” said Perry Lerner, chairman and CEO of Crown Global. “His background is a strong fit for our firm and will enable us to improve our ability to meet our clients’ needs. We look forward to his contributions to the firm as we utilize our strong underwriting capacity and execute our growth strategy in our core markets.”
Mr. Berry received his Bachelor of Science degree in Mathematics from the University of Richmond. He is a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries (AAA). He is presently chair of the AAA’s Nonforfeiture Modernization Working Group.
About Crown Global
Crown Global provides efficient investment-enhancement strategies and products for institutional investors, investment managers and ultra high net worth individuals. The Company offers custom solutions that enable managers and investors to enhance their returns from investments in alternative assets and managed accounts. Crown Global operates globally and maintains offices in North America, Switzerland and the Cayman Islands. Since its founding in 1998, Crown Global has established a solid track record of issuing U.S. and non U.S. compliant life insurance and annuity policies for institutional and ultra high net worth clients.
Nick Rust, Prosek Partners
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