Emerald Bay Risk Solutions Announces New CEO Appointment
Collaborative underwriting carrier Emerald Bay Risk Solutions has announced the appointment of Tracey Sharis, formerly of Liberty Mutual Insurance, as its new Chief Executive Officer (CEO), effective March 20th, 2025.
Sharis brings with her over 25 years of extensive experience in the insurance industry. Her most recent role was as the President of Global Risk Solutions for North America Programs at Liberty Mutual Insurance. Prior to this, she served as the Senior Vice President and Director of Programs at Ironshore Insurance, a global specialty insurer now under the Liberty Mutual umbrella since its acquisition in 2017.
Her career began at AIG’s Lexington Insurance Company, where she spent 14 fruitful years. There, she held various leadership roles, including Product Owner for Employment Practices Liability, Chief Innovation Officer, and Head of Risk & Economic Capital Modeling.
Sharis is actively involved in the industry and serves on the advisory board of the Target Markets Program Administrators Association, an organization focused on the challenges faced by program specialists.
Miles Allkins, Chief Risk Officer and Co-founder of Emerald Bay, expressed his enthusiasm, stating, “We are thrilled to have Tracey join us. Her vast expertise in specialty and program insurance will be invaluable. Tracey’s deep industry network and outstanding reputation will further strengthen our MGA and reinsurance partnerships.”
He added, “Our business is built on trust and relationships, and we are confident that under Tracey’s leadership, we will continue to foster long-term partnerships. Our progress has been significant over the past year, and I am eager to build upon Emerald Bay’s reinsurance market position, working closely with Tracey.”
Tracey Sharis shared her excitement, saying, “Emerald Bay has rapidly established itself as a unique insurance carrier with a robust foundation for growth. I am excited to work with the team to deliver bespoke solutions across the program insurance value chain. With MGAs gaining market share and underwriting complexity on the rise, we are poised to scale our business to meet the dynamic needs of our program and capacity partners.”
