Counterpart Appoints Michael Muglia as Professional Liability Insurance Lead & Promotes Key Team Internally
June 20 2024 - 8:59AM
Business Wire
Professional liability industry veteran
bolsters Counterpart’s growth in partnership with its recent
territory leadership appointments
Counterpart, the leading management and professional liability
insurtech backed by Markel, Aspen, and Westfield, today announced
its new appointment of industry veteran, Michael Muglia, as
Counterpart’s Professional Liability Insurance Lead. In addition,
Counterpart has promoted three of its longest-standing team
members—Brad Bahler, Satwik Mysore and Jake O’Donnell—as Territory
Leads.
Muglia brings more than a decade of experience across the
insurance industry, specializing in professional liability
solutions. Most recently, he served as the Professional Liability
Director at RB Jones, a leading MGU providing specialty risk
coverage. Before RB Jones, Muglia spent 10 years at Burns &
Wilcox, an independent wholesale broker and underwriting manager,
where he served in a number of roles, including National
Underwriting Director of Professional Liability.
“Counterpart is an innovative company with great leadership. It
is exciting to be a part of an organization that is shaking up the
insurance industry,” Muglia said. “I’m very excited for this
opportunity and look forward to joining the exceptional team of
insurance and technology experts.”
Brad Bahler, who was promoted to Central and Southeast Territory
Lead, joined as a Risk Engineer in 2021 and has continuously taken
on more leadership responsibilities over the last three years.
Before joining Counterpart, Bahler worked at Travelers, where he
was one of the top-producing underwriters specializing in
Management Liability.
Satwik Mysore will oversee Counterpart’s wholesale distribution
partners in the Western US as West Territory Lead. He has been in
the Insurance industry for over a decade and was promoted to Risk
Engineer Manager after joining Counterpart as the first underwriter
in 2020. Mysore gained extensive experience underwriting private
nonprofit and for-profit management liability at Travelers, where
he was also one of the top-producing underwriters.
Jake O’Donnell, the new Territory Lead in the Northeast, has a
remarkable track record of supporting private and non-profit
businesses with D&O, EPL, Fiduciary, and Crime coverages. He
had considerable success building profitable books while at
Chubb/Westchester prior to joining Counterpart in 2022.
“Counterpart is a place for smart, driven management liability
and professional liability insurance experts to have an outsized
impact on product lines that are long overdue for innovation,” said
Mike Levins, Head of Insurance at Counterpart. “We are thrilled to
see long-term colleagues like Brad, Satwik, and Jake excel in this
environment and continue to welcome exceptional talent like Mike.
Mike’s extensive knowledge and relationships across health,
lawyers, architects & engineers, and numerous other classes of
professional liability insurance will enable us to support more
businesses with our world-class products and services.”
Counterpart’s liability products and services can accurately
identify a company's specific risks. This customized and tailored
underwriting approach makes it accessible for many small
businesses, which are particularly prone to risk in the current
economic landscape.
The organization updates follow the launch of Counterpart’s new
admitted private & not-for-profit program and claims management
services expansion.
About Counterpart:
Counterpart pairs trusted insurance experts with AI-driven
underwriting and claims technology to enable small businesses to do
more, with less risk. Its proprietary management and professional
liability insurance products are complemented by a suite of tools
and services that help its customers proactively reduce risk and
grow with confidence. Counterpart’s Directors & Officers,
Employment Practices, Fiduciary, Crime, and Miscellaneous
Professional Liability insurance products are backed by Westfield,
Markel and Aspen Insurance. For more information, visit
yourcounterpart.com.
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Sarah Meade sarah@150bond.com