Press Release

PARTNERS RISK STRATEGIES ANNOUNCES VINCENT P. FODERINGHAM AS NEW CHIEF EXECUTIVE OFFICER

June 20, 2023

Charlote, NC –  Partners Risk Strategies is pleased to announce that effective June 1, 2023 Vin Foderingham has been appointed as the Company’s Chief Executive Officer.

Vin is a widely respected industry executive with more than 30 years of experience in the risk management and insurance industry. He has built a national reputation for understanding and managing complex risk. Vin is a proven leader, whose experience in risk positions him well to take Partners Risk Strategies to its next phase of growth.

“We are thrilled to welcome Vin as our new CEO” says Walter Davis, co-founder, and Director. “Vin is an innovative and strategic growth leader who has a proven track record of using data to mitigate risk and drive results. His background and experience will perfectly complement our brand and focus on delivering excellence to our clients. My partners (Angela Webb and Milton Jones) and I are fortunate that he has agreed to lead this organization”.

Prior to becoming CEO of Partners Risk Strategies, Vin served as the Chief Insurance Officer at Amazon where he led the Global Risk Management and Claims organization with an operating budget of $2.3B and with nearly 300 employees. This included leading one of the largest captive insurance companies in the world with over $3B in annual gross written premium. Prior to his time at Amazon, Vin was the Corporate Director of Risk Management & Assistant Treasurer at Northrop Grumman Corporation, a $30B aerospace and defense contractor. He led a team of risk professionals across multiple business segments with a new vision of innovative risk management techniques using fact based and data driven processes to manage risk.

“I’m excited to build on the foundation that has been laid by the three co-founders” says Vin Foderingham. “I look forward to capitalizing on the many opportunities ahead and to ushering Partners Risk Strategies into its next chapter of growth and success”.

About Partners Risk Strategies

Partners Risk Strategies, a fully owned subsidiary of Peachtree Providence Partners Holding Company, is an independent commercial insurance and risk consultancy firm, supporting an array of entities including small and large businesses, colleges and universities, and nonprofit organizations. Founded by a team of expert risk professionals with more than 100 years of collective experience. Partners Risk Strategies specializes in a “risk management first” approach to identify risk, define a scope to effectively mitigate and manage risk and create specialty insurance programs. Additionally, the firm provides risk management consulting services for clients to build a holistic approach to address risk, whether insurable or not, to protect clients’ operational and financial interests. These risks can be transferred through insurance or mitigated through proactive business strategies.