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US reinsurance broker Protecdiv has announced the appointment of Jose Montemayor to its board.

Montemayor has more than twenty-five years’ experience in all aspects of insurance regulation, operations, and mergers and acquisitions.

He spent six years as the Commissioner of Insurance for the State of Texas and currently sits on a number of other boards in the industry.

“Jose’s significant accomplishments and experience in the insurance and reinsurance industries, particularly his expertise in regulatory matters, will be an invaluable resource to our team as we set out to build Protecdiv into a $100 million revenue brokerage in the next five years,” said Kael Coleman, Founder and Chief Executive Officer, of Protecdiv.

Commenting on his appointment, Montemayor said, “I’m honoured by the opportunity to serve on the board of Protecdiv and help crystalize the founders’ vision of building a tier-one brokerage led by an exceptional, nationally recognized, team.”

“We are excited to welcome Jose as a new independent director,” added Paul Little, Chief Operating Officer at Protecdiv.

“We are confident he will provide valuable perspectives as we execute our growth strategy that in part focuses on building deeper public private partnerships to drive profitability and enhance value for Protecdiv’s clients and shareholders.”