State Auto Consolidates RED, Rockhill in North Carolina
The specialty division of the State Auto Insurance Group is consolidating its Risk Evaluation and Design (RED) subsidiary and its Rockhill Specialty Program Division into a single operating structure.
The RED team, based in Chapel Hill, N.C., will be led by Gregory T. Doyle, Rockhill’s senior vice president for programs. Doyle will be relocating to North Carolina to lead the consolidated program operations of Rockhill and RED. Prior to joining State Auto, Doyle held senior level positions with CastlePoint Holdings and the BMS Group.
RED is a managing general underwriter that markets alternative risk transfer and program business for small businesses. The Rockhill unit markets products in the excess and surplus business and small surety business.
The company said the new structure will streamline processes and allow Rockhill to expand its admitted and non-admitted program capabilities.
Rockhill said it will continue to form partnerships with managing general underwriters with a track record of generating underwriting profits.
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