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Heritage Insurance Holdings of Florida Appoints Lusk as CFO

By newadmin / Published on Monday, 05 Feb 2018 10:29 AM / No Comments / 6 views

Heritage Insurance Holdings, Inc., a property and casualty insurance holding company, has appointed Kirk H. Lusk as its chief financial officer.

Until April 28, 2018, Lusk will serve as co-chief financial officer with Steven Martindale, the company’s current CFO. Martindale’s contract expires on April 28, 2018, and he intends to pursue financial consulting opportunities. Martindale will remain involved with the company and has been appointed to its board of directors, upon which time Lusk will transition to sole CFO of the company.

Lusk joined the Heritage team on Nov. 30, 2017, when it acquired NBIC Holdings, Inc., the parent company of Narragansett Bay Insurance Co. (NBIC). He served as CFO for NBIC since January 2013, providing financial oversight and developing operating and financial strategic plans to advance NBIC’s overall business objectives.

He has over 20 years of finance and insurance experience working as an underwriter, controller and CFO. Prior to NBIC, Lusk served as International chief financial officer of Aetna, Inc., CFO of Alea Group Holdings Bermuda Ltd., and CFO of GE Employers Reinsurance Corporation Global Casualty and GE

According to Bruce Lucas, Heritage chairman and CEO, Lusk was instrumental in managing NBIC’s financial operations and his experience at large insurance carriers will help the company as it continues to evolve as a superregional insurer.

Heritage Insurance Holdings, Inc. is a property and casualty insurance holding company headquartered in Clearwater, Fla. Its subsidiaries, Heritage Property & Casualty Insurance Company, Zephyr Insurance Company and NBIC Holdings, Inc., write personal and commercial residential premium through a large network of experienced agents in Florida, Hawaii, North Carolina, South Carolina, Georgia and Alabama, and also in Connecticut, Massachusetts, New Jersey, New York and Rhode Island with the recent acquisition of Narragansett Bay Insurance Company, headquartered in Rhode Island.

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