Concert Group Holdings Names John Hendrickson CEO Effective January 1

Concert Group Holdings, Inc., has appointed John Hendrickson as CEO. Mr. Hendrickson will take his new position on January 1. He succeeds Jonathan Reiss, who had been Concert's CEO since the company's inception in 2021.

"We're delighted to welcome John to Concert," Chairman Brady Young said in a statement. "Throughout his career, John has distinguished himself in delivering quality solutions and support to his client relations. His deep knowledge and experience in financial markets and the insurance industry represent precisely the right skill set as we enter our second full year of operation.

"We owe a debt of gratitude to Jonathan for leading Concert through our build-out phase. Among other milestones, he oversaw the launch of our excess and surplus lines platform, Concert Specialty Insurance Company, to complement our admitted carrier, Concert Insurance Company, and the recruitment of a seasoned leadership team," Mr. Young said. "Jonathan will continue to provide us with his guidance and expertise as a member of the board, ensuring a seamless leadership transition as he hands the reigns to John."

"I'm genuinely impressed with Concert's leadership team," Mr. Hendrickson said in the statement. "The company has positioned itself as a specialty fronting insurer focused on serving the captive and program business market segments. I am excited to capitalize on what I consider a unique market opportunity."

Mr. Hendrickson's nearly 40 years of experience includes executive roles at StarStone Group, Validus Group, and Swiss Re. He also has served as an advisor to numerous clients in the (re)insurance sector, including as a founding member of Smith Barney's insurance investment banking practice from 1985 to 1995.

Mr. Hendrickson holds a bachelor of arts degree in history and a master of science degree in engineering from Stanford University.

Concert Group Holdings, Inc., is a privately owned insurance holding company, which, through its wholly owned subsidiaries, Concert Insurance Company and Concert Specialty Insurance Company, offers insurance fronting and related services in the United States.