Carol Pierce is a director in the Insurance Group at Kroll Bond Rating Agency, Inc. (KBRA). Ms. Pierce was hired in May 2017 to focus on captive insurance companies and professional reinsurers. Before coming to KBRA, Ms. Pierce worked for Munich Reinsurance America, Inc., for over 13 years, supporting both the Specialty Markets and Reinsurance Divisions. At Munich Re, she performed market and competitor analysis, monitoring (re)insurance industry issues and trends to identify emerging opportunities and threats. Additionally, Ms. Pierce provided financial analysis, benchmarking, and rating agency advisory services for clients.
Prior to joining Munich Re, Ms. Pierce was assistant vice president at A.M. Best Company, responsible for ratings on alternative risk transfer entities. At A.M. Best, she regularly spoke about ratings and industry issues and authored numerous special reports and articles. Previously, she held various underwriting management positions at CNA, Zurich, and AIG.
Ms. Pierce is a past member of the boards of directors of the Vermont Captive Insurance Association (VCIA) and the International Center for Captive Insurance Education. She has also received the VCIA Captive Crusader Award.
Ms. Pierce graduated from Smith College with a bachelor of arts degree from Keller Graduate School of Management with a master of business administration in marketing and finance. She is a Chartered Property Casualty Underwriter and holds the Associate in Reinsurance designation as well as the CFA Institute Investment Foundations certificate.