Palomar Holdings, Inc. Announces Promotion of Britt Morries to Chief Operating Officer

Nachrichtenquelle: globenewswire
01.09.2020, 22:10  |  104   |   |   

LA JOLLA, Calif., Sept. 01, 2020 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) today announced that Britt Morries has been promoted to Chief Operating Officer, effective immediately.  Mr. Morries is succeeding Jon Christianson, who assumed the role of Chief Underwriting Officer on August 1, 2020.  Mr. Morries will continue to serve as Chief Technology Officer while the Company initiates a search for his replacement.

Mac Armstrong, Chairman and Chief Executive Officer commented, “Britt has been a driver of change and operational improvement since he joined Palomar as our Chief Technology Officer in 2017.  He has built our technology team, platform, and infrastructure from the ground up, enabling Palomar to leverage technology to both scale and effectively service our policy holders.  It is appropriate that Britt will remain actively focused on our technology until an appropriate candidate has been determined to succeed him in this capacity. He brings a creative and dynamic mindset that will help drive us toward our strategic growth and expansion goals, as the spirit of innovation is core to Palomar’s success as a leading specialty property insurer.  Britt will work with myself and the senior leadership team in his capacity supporting our growth initiatives.”

Mr. Morries stated, “I am very excited to assume the Chief Operating Officer leadership role.  At Palomar we have built our platform on digitizing business processes in an agile fashion and automation. It enables us to gain additional efficiencies and increase our processing bandwidth, whilst empowering us to accelerate our growth and expand product offering. Further our technology allows us to continue to build services integrations with our partner companies, agencies and carriers. Integrating the Operations and Technology teams will provide even more synergy moving forward. I am eager to continue the journey with the exceptional team that we have here at Palomar.”

Mr. Morries has served as Chief Technology Officer since joining the Company in August 2017. Prior to joining the Company, Mr. Morries served as Chief Technology Officer of Wellbeats, and previously, Mr. Morries served in senior management roles at John B. Collins Associates and Aon. Mr. Morries attended Metropolitan State University of Minnesota, where he studied computer science.

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