Ilan D. Peress, Esq., Distinguished Reps & Warranty Underwriter, Joins Concord Specialty Risk
August 13, 2019, NEW YORK, NY – Concord Specialty Risk (Concord) is pleased to announce that Ilan D. Peress will be joining the firm as Vice President, Reps & Warranty Insurance Underwriter, where he will take on a leading role in Concord’s Reps & Warranty Insurance practice. Mr. Peress will be based in New York, NY.
For the last two years, Mr. Peress has served as Reps & Warranty Underwriting Counsel for managing general underwriter Ambridge Partners. Prior to that position, he worked as a senior associate at KPMG, providing tax services to private equity and strategic clients in the Mergers & Acquisitions Tax Practice. Before his time with KPMG, Mr. Peress was Operations Manager at Tolt Service Group and Fujitsu, responsible for client management, personnel, and budgeting.
Kenneth W. De Berry, CPA, President of Concord Specialty Risk, said of the new hire, “Mr. Peress is extremely familiar with underwriting Reps & Warranty transactions, with expertise in the accounting, legal, and tax issues critical to the due diligence required of an acquisition. We are very excited to have someone with such industry and market knowledge, as well as underwriting experience, join our team.”
David S. De Berry, Esq., CEO of Concord Specialty Risk, added, “Reps & Warranty Insurance is undergoing significant changes in the underlying risk transfer services expected of carriers. The underwriter that can expeditiously vet and, in some cases, augment due diligence without delay gains a competitive advantage. This requires a deep pool of talent. We are excited to have the experience, skill set, relationships, and gravitas that Ilan brings with him.”
Commenting on joining the firm, Mr. Peress said, “Concord is a well-known pioneer firm in the transactional risk space. I am excited to help grow the company’s Reps & Warranty book and to be working with the best and the brightest during a time of extreme growth in the Reps & Warranty Insurance industry. I’m thrilled to be joining the outstanding team at Concord.”
Ilan D. Peress can be reached at firstname.lastname@example.org or 212-314-9691.
About Concord Specialty Risk
Concord Specialty Risk specializes in transactional risk insurance and loss mitigation evaluation services that address the risk of loss arising from mergers and acquisitions, uncertain tax positions, litigation, and more. concordspecialtyrisk.com
Concord Specialty Risk is a series of RSG Underwriting Managers, LLC (RSGUM). RSGUM is a Delaware series limited liability company and a subsidiary of Ryan Specialty Group, LLC, specializing in underwriting management and other services for insurance products distributed through brokers and agents. rsgum.com