Patrick Bracewell is the Chairman and Chief Executive Officer, a position he has held since Forge Group, Inc. was organized in January 2021. Mr. Bracewell joined Forge Insurance Company in October 2011 and was elected as Chairman and Chief Executive Officer in 2011. Mr. Bracewell has also served as Chairman and Chief Executive Officer of Forge Risk Management, Inc. since 2011. Prior thereto, Mr. Bracewell served as a Vice President in the insurance investment banking group at Friedman, Billings, Ramsey & Co., Inc., a middle-market investment banking firm. Mr. Bracewell graduated from Bowdoin College with an A.B. in economics and history.
Shaza Andersen has been a Director of Forge Group, Inc. since its organization in January 2021, and has served as a Director of Forge Insurance Company since October 2011. Ms. Andersen serves as the Founder and Chief Executive Officer of Trustar Bank, the first Virginia based bank to be chartered in over a decade. Previously, Ms. Andersen served as the Vice Chair of the Board of Sandy Spring Bank. Prior thereto, Ms. Andersen founded and served as Chief Executive Officer of WashingtonFirst Bank, a wholly owned subsidiary of WashingtonFirst Bankshares, Inc. Ms. Andersen serves on the FDIC Advisory Committee on Community Banking. She is also a past member of the Federal Home Loan Bank of Atlanta, where she was the Vice Chair of the Corporate Governance Committee and a member of the Housing Committee and also served on the Treasury Board of the Commonwealth of Virginia.
Joseph Bracewell has been a Director of Forge Group, Inc. since its organization in January 2021, and has served as a Director of Forge Insurance Company since March 2013. Mr. Bracewell is Chairman of Trustar Bank and previously served as Chairman of WashingtonFirst Bank from its inception in 2004 until its merger with Sandy Spring Bank in 2018. From 2002 through 2012, he was a Partner in the law firm of McKee Nelson LLP and its successor firm of Bingham McCutchen LLP. Mr. Bracewell is a former Director and Vice Chairman of the Federal Home Loan Bank of Atlanta, and a former Director of the Independent Bankers Association of America. Mr. Bracewell graduated from Harvard University with an A.B. in applied mathematics and holds an M.B.A. from Stanford University, a J.D. from American University, and holds a Chartered Financial Analyst designation.
Fred Brewer has been a Director of Forge Group, Inc. since its organization in January 2021, and has served as a Director of Forge Insurance Company since March 1984. Mr. Brewer previously served as Chairman of Forge Insurance Company until 2011 and was President of Forge Insurance Company until November 2014. Mr. Brewer has significant experience in underwriting, legal, claims, and insurance company operations. Mr. Brewer was also the Chairman and President of Forge Risk Management, Inc. until 2011. Before joining Forge Insurance Company, Mr. Brewer served as Deputy Superintendent and Actuary of the District of Columbia Department of Insurance, Securities and Banking where he was responsible for the regulation of property and casualty insurance rates, rules and policy forms, assigned risk plans, statistical bureaus, and insurance consumer complaints. Mr. Brewer received his B.S. from Southeast Missouri State University and is a licensed insurance producer.
Thomas Hampton has served as a Director of Forge Group, Inc., and a Director of Forge Insurance Company since May 2021. Mr. Hampton is currently a Principal with TE Hampton Consulting, an insurance regulatory consulting firm. Previously, Mr. Hampton was a Senior Advisor at Dentons LLP, a multi-national law firm, in the firm’s insurance practice. Mr. Hampton advises insurance companies, as well as financial services companies, on general regulatory matters, insurance product filings, as well as market conducts issues and financial regulatory matters, including examination, insurance statutory accounting standards and financial reporting procedures. Mr. Hampton also provides information and advice on insurance regulatory concerns to non-insurance company clients operating in the insurance industry. Mr. Hampton has advised clients on regulatory requirements related to insurance agency, insurance company, captive insurance, and risk retention group licensing issues. Mr. Hampton has also advised clients with life and health policy form filings. Mr. Hampton previously held the position of Commissioner for the District of Columbia Department of Insurance, Securities and Banking, a role in which, most recently, he was responsible for providing oversight and direction of the agency that regulates all financial services industries in the District of Columbia. Mr. Hampton also managed the captives and risk retention group division and assisted in the development of the regulatory procedures for these entities in the District of Columbia. Mr. Hampton participated in several leadership positions at the NAIC and NASAA committees and working groups dealing with financial regulatory issues, life insurance, as well as suitability and supervision of broker-dealer firms and their representatives. Mr. Hampton has his BBA in Accounting from North Carolina Central University and his M.B.A. from St. John’s University in New York.
James Roumell has been a Director of Forge Group, Inc. since its organization in January 2021, and has served as a Director of Forge Insurance Company since September 2017. Mr. Roumell is a Founder, Partner, and Portfolio Manager of Roumell Asset Management, LLC (“RAM”), an investment adviser. RAM serves as the investment advisor for Roumell Opportunistic Value Fund (RAMSX). Before founding Roumell Asset Management, Inc. in 1998, he was a Registered Principal at Raymond James Financial Services, Inc. Mr. Roumell is a graduate of Wayne State University in Detroit, MI.
Jason Wolfe has been a Director of Forge Group, Inc. since its organization in January 2021, and has served as a director of Forge Insurance Company since October 2011. Mr. Wolfe is the President and Chief Executive Officer of Mutual Capital Investment Advisors, LLC (“MCIA”), which serves as the investment adviser for Mutual Capital Investment Fund, LP (“MCIF”), an investment fund that is focused principally on providing capital to mutual insurance companies in the U.S. property and casualty insurance segment. Mr. Wolfe is also a founder and Managing Member at Arbor Hills Asset Management, LLC (“Arbor Hills”), a private investment firm. Prior to founding Arbor Hills, Mr. Wolfe served as a Managing Director at Paragon Capital Group, LLC (“Paragon”), a merchant banking firm that advises and provides growth capital to middle-market businesses in various industries including financial institutions, insurance, real estate, and diversified industrials. Mr. Wolfe joined Paragon in 2010 and specialized in providing merger and acquisition advisory and capital raising services for insurance companies and other financial services businesses. During his career, Mr. Wolfe has advised numerous publicly traded and privately held stock companies as well as mutual insurance companies and reciprocal exchanges. Mr. Wolfe has a B.S. in chemical engineering from Case Western Reserve University. Mr. Wolfe has significant experience advising leading insurance businesses on such matters as capital raising, mergers, acquisitions, and growth initiatives.