With the heavy focus on premium costs, the market has overlooked the very real cost of foregone economic value caused by insurance collateral requirements.
Stephen Roseman is chairman, chief executive officer and co-founder of 1970 Group. Previously, Roseman was the chief executive officer of Spy Optic and, before that, was president of Spencer Capital Holdings, overseeing a portfolio of insurance and financial services companies including USA Risk Group (USARG), Spencer RE and SouthWest Dealer Services.
Roseman has held leadership positions across a range of financial services companies, including as senior vice president at Calamos Advisors, as managing member at Thesis Capital Group and in roles at Kern Capital Management and Oppenheimer Funds.
Roseman is a CFA charterholder and an alumnus of Fordham University's MBA and Harvard Business School OPM programs.