Jack Martin & Associates, an independent insurance agency specializing exclusively in boat, yacht and marine insurance, is pleased to announce that Damon Hostetter has accepted the position of Yacht Division Executive as of April 2016.
Prior to joining Jack Martin & Associates, Damon was Senior Vice President of Chubb Recreational Marine, formerly ACE and the nation’s oldest marine insurance provider. In this position, Damon was responsible for directing the overall growth and profitability of the marine marketing and underwriting division. Chubb Recreational Marine is part of Chubb’s high-net-worth personal lines business in North America.
Damon has more than 23 years of claim, underwriting and sales experience in the recreational marine business, and his maritime background includes a distinguished career serving in a leadership capacity as a United States Naval Officer. Prior to his tenure with Chubb, Damon served as Chief Executive Officer of Jack Martin & Associates, Inc. He previously spent ten years at Zurich Marine Insurance in Baltimore, MD, serving in several positions of increasing leadership, culminating with his appointment as Vice President.
Damon’s prior industry experience includes running a marine surveying business and serving as Director of Offshore Sailing for the U.S. Naval Academy. Additionally, Damon also achieved the rank of Lieutenant in the United States Navy. He is a founding member of the Mid-Atlantic Mariner’s Club and served as the Club’s Skipper from 2003 – 2007. He is an accomplished sailor, having raced and cruised extensively, including Atlantic and Pacific crossings, and a single-handed passage from Hawaii to California.
Damon is a graduate of the U.S. Naval Academy in Annapolis, MD where he received a Bachelor of Science degree.
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