Feldman Joins Spencer Re from Allstate Dealer Services
Brian Feldman joins Spencer Re as EVP to manage the firm's automotive F&I business
NEW YORK and SAN JUAN, Puerto Rico, Sept. 16, 2014 /PRNewswire/ -- Spencer Re, a Spencer Capital Holdings company, today announced that Brian Feldman has joined the firm as Executive Vice President.
"We are excited to welcome Brian to Spencer Re. His diverse F&I experience brings a unique understanding of the business to the firm," said Ken Shubin Stein, Chairman of Spencer Capital Holdings. "Brian's success in capturing, managing and retaining profitable long term programs and relationships will surely complement and bolster Spencer Re's offering."
Feldman joins Spencer Re from Allstate Dealer Services ("Allstate") where he most recently held the role of National Sales Leader responsible for Allstate's F&I business with large organizations, including automotive manufactures and their finance captives. He also led the team that successfully developed new F&I products that launched Allstate into the ancillary F&I marketplace and diversified Allstate's F&I product portfolio.
Prior to Allstate, Feldman was a Reinsurance Specialist at GMAC Insurance and Vice President/Chief Compliance Officer for GMAC Securities. During his time at GMAC Insurance, he held several roles related to the F&I product lifecycle including claim management, product and program development, analysis, reinsurance and sales.
About Spencer Re
Spencer Re is a reinsurance firm strategically focused on reinsuring products that are predictable and cyclical in nature. Currently the firm is focused on reinsuring insurance products sold by American auto dealers, direct marketers and loan providers. The firm is the first international reinsurer formed in Puerto Rico that abides by the laws of the International and Offshore Insurance Center.
SOURCE Spencer Re
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