About COIN Re

Founder and CEO Ted Blanch envisioned a different course for the modern reinsurance industry. This vision led to the genesis of COIN Re. As an industry veteran, Ted saw opportunities for improvement in reinsurance brokerage relationships and transactions which led to the following predictions:
  • The reinsurance broking industry as it exists today will suffer the consequences of disintermediation
  • Disintermediation will result from the economic imbalance between frictional cost and value received by ceding clients
  • Brokers will continue to substitute value-added illusions rather than adequately addressing ceding clients’ needs
Reinsurance intermediaries spanning the globe operate through various forms of ownership while the reinsurance marketplace economy largely dictates pricing. With these prevailing factors as the norm, COIN Re cultivates a more client-centric business experience. An aggressive reinvigorated broking process, the opportunity for clients to own a majority share of the Company, and unbundled analytics as well as other services all come together providing a tailored and unique customer experience. Alongside a strong brokerage partner navigating the global reinsurance marketplace, expect favorable deals, advocacy, and peace of mind in the face of catastrophe. Welcome to COIN Re, where we listen to you.

Mission


At COIN Re our success will derive from extensive experience navigating global reinsurance markets. Our competitive advantage is our reinvigorated broking process, not an overreliance on analytics. By allowing clients to own part of the Company, COIN Re ensures mutually beneficial outcomes for our clients, associates and shareholders.

Leadership

E.W. “Ted” Blanch, Jr
Chairman and CEO
Michael W. Cashman
President
Richard R. Allen
Chief Financial Officer
Andy L. Crichton
Executive Vice President
Kevin A. Mora
Vice President and Corporate Secretary

E.W. “Ted” Blanch, Jr, Chairman and CEO

Ted Blanch joined E.W. Blanch Co, (EWB), a reinsurance broker founded by his father in 1958. Holding several positions over the years, Ted became its Chief Executive Officer in 1977, and held that position until January 2001. During his years at EWB, it grew from revenues of about $25,000/year to several hundred million/year. It was the third largest international reinsurance broker and the world’s largest independent reinsurance broker. It was a pioneer among brokers in the utilization of actuarial approaches being the first to employ staff actuaries, and the first to create catastrophe-modeling tools. The reinsurance training program at EWB was world renown and developed by Ted himself. EWB became E.W. Blanch Holdings, Inc., a public company, in 1993 and employed more than 1600 employees globally. E.W. Blanch Holdings, Inc. was sold to Benfield Group in 2001. Ted then formed Ted Blanch & Associates which provided consulting services to the insurance and reinsurance industry. During his career, Ted has been involved in numerous other industries, business and community activities including:


  • AIDA Reinsurance & Insurance Arbitration Society (ARIAS US) – Certified Arbitrator Board of Trustees
  • The College of Insurance Founder and Board Member
  • Boerne Anti-drug Coalition Board of Governors
  • Cancer Therapy and Research Center Chairman
  • Brokers and Reinsurance Markets Association Board Member
  • Northwest Airlines (serving as Chairman of Personnel and Compensation Committee, Member of Audit Committee)
  • Member TigerRisk, LLC
  • Member Advocate Re, LLC
  • CAT Response Analysis
  • President TypTap Insurance Co (HCI Group)

Ted has also been involved in insurance legislation through the Insurance Federation of Minnesota. He has been the recipient of numerous honors and awards, including a 1996 Ernst & Young Entrepreneur of the Year finalist, and The Review Worldwide Reinsurance Lifetime Achievement Award in 2000.

Richard R. Allen, Chief Financial Officer

Richard served as CFO of the HCI Group, Inc. and affiliates from formation in January 2007 to May 2017 and as Senior VP of Finance from May 2017 to May 2018. He was also a Director of the companies Bermuda reinsurance captive Claddaugh Casualty from formation in 2008 through February of 2018. In these positions Richard was responsible for all SEC and Statutory filings and compliance and participated in the annual reinsurance placements. Prior to employment with HCI Group, Inc., he held various positions with several insurance companies as Chief Financial Officer, Controller and Accounting Manager. Richard has experience in reinsurance accounting, claim reserve analysis, internal auditing and forensic accounting, having participated in projects on behalf of various state insurance departments and insurance companies. Richard earned his Bachelor of Science degree from Quincy University in Quincy, Illinois.

Michael W. Cashman, President

Mike began his reinsurance career in 1972 with E. W. Blanch Co. (EWB). He held various positions and in 1982 became President. He later became President, Director and Chief Operating Officer of E. W. Blanch Holdings and was heavily involved in converting EWB to a public company in 1993. From 1998 – 2004, Mike was active with Aon Corporation, a worldwide leader in insurance, reinsurance and financial services. He served as Executive Vice President of Aon Corporation and Vice Chairman of Aon Re Global, the reinsurance subsidiary, one of the largest reinsurance brokers in the world. Additional highlights in Mike’s career:


  • He has provided expert analysis and expert witness services within the reinsurance industry
  • Board member, Pacific Pioneer Insurance Co.
  • Board member, International Catastrophe Insurance Managers
  • Member, Cooper Gay & Cashman, LLC
  • Member, Advocate Re, LLC
  • Board of Trustees, University of St. Thomas, St Paul, Minnesota where he also served as Chair of the Investment Committee
  • Chair of the Insurance Advisory board
  • He, along with E. W. Blanch Jr., established an endowed Chair of Insurance at the University of St. Thomas

Andy L. Crichton, Executive Vice President

Andy has 27 years of reinsurance experience initially placing property retrocession covers at Lloyd’s broker Willis Faber & Dumas before moving to underwriting in 1997. He has held increasingly senior underwriting and management roles at some of the leading reinsurers in the world. In Bermuda with XL Re, Catlin Insurance and Endurance Specialty and in London with Ascot Underwriting. With extensive experience across multiple lines and territories, Florida is a particular area of focus and expertise.

Andy has been structuring, pricing and leading catastrophe programs since the earliest days of the FHCF. Whether using traditional reinsurance capital, collateralized or other third-party sources he has been consistently at the forefront of developments in the State. With extensive contacts across the industry Andy has a track record of innovative product design and client advocacy.

Mr. Crichton has served on the committees of the Lloyd’s Non-Marine Under 30’s Group, The Under 35’s Reinsurance Group and Lloyd’s Rugby Football Club. He was National Coach for Bermuda Women’s Rugby between 2012 and 2016.

Kevin A. Mora, Vice President and Corporate Secretary

Mr. Mora has spent the past 11 years with HCI Group, Inc. As an original employee of the company, he has served front line duties for the formation of the company across all aspects of insurance and operation business strategies. Mr. Mora’s experience includes insurance and reinsurance accounting, enterprise process improvement, and Big Data analytics. Mr. Mora earned his Bachelor of Science degree in Finance from the University of South Florida.