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Kroll Bond Rating Agency Names Carol Pierce as Director of Captives

Carol Pierce KRBA-SF
May 30, 2017

Kroll Bond Rating Agency (KBRA) has announced the appointment of Carol Pierce to the role of director in KBRA’s insurance group with a focus on captives, reinsurers, and alternative capital providers.
 
Ms. Pierce joins KBRA’s analytic team after 13 years with Munich Reinsurance America, where she was responsible for market, competitor, and client analysis, initially for the specialty markets division and more recently for the reinsurance division. Prior to Munich Re, Ms. Pierce worked at A.M. Best, where she managed the team responsible for expanding ratings among captive insurers. She has held various underwriting and product development positions with several major insurance companies during her more than 30 years in the insurance industry.
 
Ms. Pierce is a former member of the board of directors of the Vermont Captive Insurance Association (VCIA) and the International Center for Captive Insurance Education. She has been an active member of the Captive Insurance Company Association and was a past recipient of the VCIA Captive Crusader Award. Additionally, Ms. Pierce has been a frequent speaker at industry conferences and has authored a variety of articles.
 
Ms. Pierce holds a bachelor’s degree from Smith College and an MBA from the Keller Graduate School of Management. She is a Chartered Property Casualty Underwriter and has earned the Associate in Reinsurance (designation.
 
“We are excited to have Carol on our analytic team. Her unique expertise, keen understanding of the alternative risk market, overall industry knowledge, and analytic skill-set are tremendous assets to our credit-ratings team as well as the markets we serve,” said Andrew Edelsberg, managing director in the insurance group.

Pictured above is Carol Pierce, newly appointed director of captives at KBRA.

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