Bermuda-based Platinum Underwriters Holdings, Ltd. has named James A. Krantz as Executive Vice President and Chief Financial Officer, effective June 1, 2007, pending approval of the Bermuda Department of Immigration.
He currently serves as Platinum’s Chief Accounting Officer and will succeed Joseph F. Fisher, “who,” the bulletin explained, “will be leaving the company at the expiration of his contract term to pursue other interests.”
Krantz, 47, has been an executive officer of Platinum since August 2006 and was Senior Vice President, Chief Financial Officer and Treasurer of Platinum Underwriters Reinsurance, Inc. from March 2003 until August 2006. He has over 20 years of experience in the property and casualty insurance industry, including serving as chief financial officer of insurance subsidiaries of Underwriter Reinsurance Company. Krantz is a CPA and spent nine years in the insurance practice of KPMG, LLP.
Platinum’s President and CEO Michael D. Price noted that he’s “known Jim for nearly a decade having first met him when we worked together at Underwriters Reinsurance.” He indicated that since joining Platinum, he has taken on “increasing levels of responsibility over time,”
Price said he was “delighted” to announce Krantz promotion to CFO, and he also thanked Fisher for his “loyal and capable service to Platinum.”
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