Carol Frey Joins Concert Group Holdings in Business Development Role

Portrait of Carol Frey

August 19, 2022 |

Portrait of Carol Frey

Concert Group Holdings, Inc., the parent of insurance fronting subsidiary companies Concert Insurance Company and Concert Specialty Insurance Company, has announced that Carol Frey has joined the company as senior vice president, business development.

In her new role, Ms. Frey reports to Chief Underwriting Officer Joe Alberti.

"I'm delighted to welcome Carol to the Concert team," Mr. Alberti said in a statement. "During her 30 years in the property and casualty industry, she's developed a well-deserved reputation for being a strategic thinker as well as a results-oriented leader and innovator. Her extensive experience in the captive as well as alternative risk market sectors are particularly well aligned with Concert's next phase of development."

Ms. Frey comes to Concert after 10 years with Great American Insurance Group, where she served as vice president, business development and marketing. At Great American, she was responsible for new business development for agency, group, and association captives.

From 2006 to 2011, Ms. Frey held various executive roles at ACE USA (now Chubb), including vice president, underwriting and risk management, and vice president, national Captive Practice leader. She began her career in 1987 at CIGNA P&C prior to its acquisition by ACE, advancing to increasingly senior positions until her departure in 2011.

Ms. Frey holds a master of business administration degree and a bachelor's degree in psychology and business administration from the University of Delaware. She is a member of the Vermont Captive Insurance Association, where she has served on various committees and assisted with the development of agency captive legislation for Vermont, and Captive Insurance Companies Association, where she has served on the board of directors and as the Market Study chair.

In 2020, Ms. Frey was honored as an Elite Woman by Insurance Business America's annual Elite Women awards program.

Concert Group Holdings, Inc., a privately owned insurance holding company, was founded by Brady Young, founder and CEO of Strategic Risk Solutions; Wes Duesenberg Jr., CEO of Southern Insurance Underwriters; and Christopher Collins, CEO/founder of Corinthian Re, in partnership with Century Equity Partners and WT Holdings, Inc.

Through its wholly-owned subsidiaries, Concert Insurance Company and Concert Specialty Insurance Company, Concert offers insurance fronting and related services throughout the United States.

August 19, 2022