Mr. Irick was formerly with PricewaterhouseCoopers for 18 years, where he served as audit Partner for several multinational public insurance company clients, including the Company between 2004 and the first half of 2007. Prior to PricewaterhouseCoopers, Mr. Irick was at KPMG for three years.
"As HCC continues to execute its strategy for growth across business lines and geographies, now is the time to expand Tobin's responsibilities beyond finance," HCC Chief Executive Officer John N. Molbeck, Jr., said.
"Brad Irick joins HCC with a strong insurance industry background and brings the skills necessary to immediately add value and continue our efforts to develop a scalable, best in class organization," Mr. Molbeck commented.
Headquartered in Houston, Texas, HCC Insurance Holdings, Inc. is a leading international specialty insurance group with offices across the United States and in the United Kingdom, Spain and Ireland. As of March 31, 2010, HCC had assets of $8.9 billion and shareholders' equity of $3.1 billion. HCC's major domestic and international insurance companies have a financial strength rating of "AA (Very Strong)" from Standard & Poor's Corporation. HCC's major domestic insurance companies have a financial strength rating of "AA (Very Strong)" from Fitch Ratings, "A1 (Good Security)" from Moody's Investors Service, Inc., and "A+ (Superior)" by A.M. Best Company, Inc.