Encova Insurance is excited to announce Michelle Shaver, MBA, CPCU, CIC, as senior vice president, small business, commercial lines, and Carrie Lowe, MBA, as vice president, package lines underwriting.
Shaver now has accountability for Encova’s $300 million small business market segment. As senior vice president, she is responsible for the growth and profitability of Encova’s commercial lines small business by leveraging predictive analytics and Encova’s agent portal to make it easier for agents and policyholders to do business.
“Michelle brings expertise to both small business and data-driven underwriting, sharing her knowledge through speaking at Insurtech events across the nation,” Executive Vice President and Chief Operating Officer, Commercial Lines, Jeff Benintendi said. “We are confident in the lift she will bring to Encova and our leadership team.”
Shaver most recently was a small business leader for Chubb Insurance. Her background also includes serving as head of home office underwriting, chief underwriting officer at Farmers Insurance Company.
As vice president, package lines underwriting, Lowe is now responsible for overseeing Encova’s package lines underwriting functions to meet established objectives through coordination of efforts of all regional vice presidents, commercial lines underwriters and Encova appointed agents. Her leadership will help the company achieve business results to provide quality products and services in the competitive insurance marketplace.
“I’m excited to welcome Carrie to the commercial lines underwriting team. She brings strong leadership and competitive qualities that will be an asset to our commercial lines business at Encova,” Senior Vice President and Commercial Lines Chief Underwriting Officer Mike Lucas said. “I look forward to working with Carrie to strategize and deliver profitable growth and expansion to our current commercial lines appetite.”
Lowe previously worked at Westfield Insurance for more than 20 years and held positions as vice president – project and program management; commercial lines profit and product leader; and national small business sales and underwriting leader.
“We have high expectations of the quality of our products and personnel at Encova. Michelle and Carrie bring many years of valuable industry experience that will play a critical role in our business,” Benintendi said. “We are eager to utilize their knowledge and skills to drive the profitable growth of our commercial lines business accounting for nearly 80% of our revenue. As we welcome them both to Encova, our commercial lines teams remain ready to provide industry-leading insurance solutions to our agents and policyholders.”