
Florida-based Mangrove Property Insurance has made several hires to fill key leadership positions in the company.
The company announced that Tim Cotton has been named Chief Operating Officer of the insurance carrier. Cotton has a solid résumé filled with years of corporate leadership experience.
Cotton has amassed 30 years of work in the insurance industry. Some 28 of those years have been in the Florida property market. He’s got a deep background in developing insurance options for home repair and restoration programs.
“Great companies are built by great teams. Mangrove is determined to be a long-term, stable property insurance solution in Florida, and is dedicated to a high level of underwriting and claims service,” said Stephen Weinstein, CEO of Mangrove.
“Our strategy requires experienced, expert and ethical leadership. We’re grateful that Tim, who embodies those attributes, has elected to join Mangrove and our outstanding leadership team.”
Mangrove made four other hires for high-ranking positions, with Chris August taking over as head of distribution. August has more than two decades of experience in the insurance industry and his background includes working several areas of the chain of insurance services.
Allan Franklin is the new Chief Financial Officer and Treasurer of Mangrove. He has nearly 20 years of experience in both the private and public sectors. Franklin has a deep background in financial reporting, compliance and ethics.
Eduardo Miranda is now the Senior Vice President of Risk, Underwriting and Analytics at Mangrove. Miranda is closing in on 30 years of insurance industry experience and has handled underwriting, risk and exposure management, data analytics, and loss control, among other positions.
Mangrove also appointed Brian Turnau as Claims Director for the company. Turnau has more than 20 years of experience in the industry, mainly focusing on claims-related operations at several insurance companies.