Sovereign Claims LLC Taps Insurance Industry Veterans John Humphreys and Neal Conolly to Spearhead Strategic Growth

NEW YORK–(BUSINESS WIRE)–Feb 17, 2021–
Sovereign Claims LLC, a leading insurance risk management consultancy serving underwriters to the real estate development, general contracting and construction industries, announces today the appointment of John Humphreys and Neal Conolly to its executive team. Humphreys steps into the newly created role of chief claims officer, while Conolly joins as president. Founder Timothy Gallagher, who previously served as president, will now serve as chief operating officer.
Humphreys’ and Conolly’s addition to the team underscores Sovereign Claims’ commitment to expanding and enhancing its services in New York City and beyond. The new hires will play a key role in strengthening Sovereign Claims’ “One Source” strategy, a service philosophy that brings partners’ insurance risk management, underwriting and claims administration needs under one roof.
As CCO, Humphreys will be instrumental in enacting the One Source approach in all client engagements, overseeing the entire claims administration function across the business and working to provide stakeholders and partners with the most responsive and effective services possible. His core responsibilities will include providing strategic direction in the overall management of resources to ensure high quality and optimal resolution of claims while delivering superior client service. His extensive experience leveraging systems and data to achieve excellent results will also be a part of the role.
Humphreys joins Sovereign Claims following more than 30 years in the property and casualty insurance industry with both legal experience and national and international executive claims experience. He has led legal groups in the United States, Canada and United Kingdom for Travelers Insurance Company, where he most recently served as senior vice president and claim general counsel.
In his role as president, Conolly will play a key role in business development, maximizing the use of data, and integrating cutting edge claims technology to grow Sovereign’s national footprint and increase uptake of its new habitational claims offering.
Conolly brings four decades’ experience as an attorney, senior executive and consultant to the property and casualty insurance industry. Prior positions include serving as the executive director and CEO of the New York State Insurance Fund, consultant to market-leading national workers compensation insurance carriers, and serving as president of the Wright National Flood Insurance Company. Conolly is also a founding Board member of the American Society of Workers Compensation Professionals.
Timothy Gallagher, Sovereign Claims’ COO, comments: “Sovereign Claims has a well-established reputation for using our specialist knowledge to support the unique needs of the construction industry, and we’re thrilled to have John and Neal join our team and further our mission They bring decades of deep expertise to their roles, and we believe they are the right partners to help us not only grow as a business, but to also become even more essential partners to our clients.”
John Humphreys, CCO, adds: “Sovereign Claims is seeking to change the way contractors manage and mitigate the everyday insurance risks inherent in their business. I believe their approach is truly one-of-a-kind, and I’m excited to be joining such a dedicated, innovative team.”
Neal Conolly, President, comments: “There is a real market need for the holistic, “One Source” approach Sovereign Claims offers, and I look forward to helping the construction and habitational industry connect the dots. I’m pleased to be joining a team that’s on the precipice of tremendous growth.”
About Sovereign Claims, LLC
Sovereign Claims, LLC streamlines pre-binding risk management services and claims handling processes through a single enterprise specialized in handling all aspects of construction and habitational claims. Sovereign provides a “One Source” solution to its underwriting and claims partners bringing them into more effective collaborative alignment for optimal financial results.
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CONTACT: Press
Meghan Warren
meghan.warren@aspectusgroup.com
+1 (347) 766-4589
KEYWORD: NEW YORK UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: RESIDENTIAL BUILDING & REAL ESTATE BUILDING SYSTEMS COMMERCIAL BUILDING & REAL ESTATE OTHER PROFESSIONAL SERVICES CONSTRUCTION & PROPERTY LEGAL INSURANCE FINANCE CONSULTING PROFESSIONAL SERVICES URBAN PLANNING REIT LANDSCAPE ARCHITECTURE OTHER CONSTRUCTION & PROPERTY
SOURCE: Sovereign Claims LLC
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PUB: 02/17/2021 09:00 AM/DISC: 02/17/2021 09:02 AM
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