ACIC promotes Martz to president and CEO, replacing Peed

Reuters
13 Feb
ACIC promotes Martz to president and CEO, replacing Peed

By Isha Marathe

Feb 13 - (The Insurer) - Florida carrier American Coastal Insurance Corporation (ACIC) has promoted Bradford Martz, its president, to CEO and president, effective Tuesday.

Martz joined ACIC in July 2020 as president, and served as chief financial officer starting 2023. He has 28 years of experience in the industry, including at companies like Bonded Builders Service Corporation, Bankers Financial Corporation, and UPC Insurance, the predecessor company to ACIC.

In his role as CEO of ACIC, he will focus on investor relations and strategic initiatives aimed at building shareholder value.

Martz replaced Daniel Peed who in turn, will take on the role of executive chairman of ACIC board of directors.

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