Newfront hires former Marsh exec as Philadelphia market leader


Newfront Insurance Inc. on Tuesday named former Marsh LLC executive Tyler McAllister as senior vice president and Greater Philadelphia market leader.

He specializes in working with emerging tech, financial and entertainment companies, a Newfront statement said.

Mr. McAllister was most recently senior vice president with Marsh.

Newfront has been bolstering its staffing and in May hired another senior executive from Marsh & McLennan Agency LLC.

The insurtech brokerage company opened its first office in Boston in 2022 with nine property/casualty and employee benefits experts, adding to the 20 Newfront team members in New York, the statement said.

San Francisco-based Newfront was founded in 2017 as an insurtech brokerage and substantially increased its commercial property/casualty business last year through the purchase of ABD Insurance and Financial Services Inc., the 40th-largest broker of U.S. business, according to the most recent Business Insurance rankings.

 

 

 

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