Fleming appoints veteran to joint COO and CFO role
Legacy re/insurer Fleming Insurance Holdings has appointed Michael Garceau as the company's new chief financial officer and chief operating officer, rounding out the executive leadership team for Fleming.
As an experienced entrepreneur who takes a creative approach to business operations, Garceau will play a lead role in facilitating Fleming's growth in technology and artificial intelligence.
"Fleming has a vibrant team and provides the highest quality of service for its clientele, and I'm excited to join this outstanding organization. I look forward to stepping into my new role and working with an esteemed team of professionals seeking creative business solutions," said Garceau. "As a professional who looks to creative and bespoke solutions, I see immense value in the team's cutting-edge machine learning and artificial intelligence programs to further Fleming's capabilities and pave the way for technology in the reinsurance industry."
Garceau was the founder of the Garceau Agency, supported by Goosehead Insurance, which provided high-quality, affordable insurance for the Connecticut and Massachusetts areas.
With 30 years of experience, Fleming said he would help the company to streamline operations and provide critical services swiftly and effectively. Before launching the Garceau Agency, he founded Apogee Properties, a startup company with extensive and diverse commercial and residential real estate portfolios.
Previously, Garceau was chief operating officer of Blackboard Insurance (previously Hamilton USA) for four years, having previously worked for AIG, XL Capital and Zurich.
"Over the years, Michael has distinguished himself as a successful executive and entrepreneur, creating operating models across financial operations and claims to find solutions for clients and businesses," said Fleming chief executive officer Eric Haller. "We are thrilled to have him as a part of the Fleming team to expand our operational capabilities and support our expansion."
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