Bishop Street Underwriters Promoted Richard J. Fiato
Richard J. Fiato has been named Chief Business Officer at Troy-based Bishop Street Underwriters.
Updated on Oct. 13, 2026 in People
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Bishop Street Underwriters has promoted Richard J. Fiato to the role of Chief Business Officer. He will oversee legal, compliance, and human resources for the company while partnering with new leadership during the transition.
Why it matters
This executive appointment supports the expansion of leadership and infrastructure at Bishop Street Underwriters. The move follows the firm's 2024 acquisition of Conifer Insurance Services as it scales its operating companies.
Richard J. Fiato transitions to his new role with 28 years of insurance industry experience, while Bill Wilson brings over 25 years of experience in specialty insurance programs to the organization.
The players
Richard J. Fiato
He is the newly appointed Chief Business Officer of Bishop Street Underwriters who leads the firm's legal, compliance, and human resources departments.
Bill Wilson
He is the new Chief Executive Officer of Conifer Insurance Services and President of Aerospace Insurance Managers who has over 25 years of experience in the specialty insurance sector.
Bishop Street Underwriters
This Troy-based specialty insurance firm is currently expanding its corporate infrastructure and leadership team.
Conifer Insurance Services
This insurance provider was acquired by Bishop Street Underwriters in 2024.
The details
Richard J. Fiato, who joined the organization in 2013, will continue to serve on the boards of Conifer Insurance Services and Aerospace Insurance Managers. Bill Wilson has been tapped to replace Fiato as the Chief Executive Officer of Conifer Insurance Services and President of Aerospace Insurance Managers.
Timeline
Richard J. Fiato joined the Conifer organization in 2013.
Bishop Street Underwriters acquired Conifer Insurance Services in 2024.
Richard J. Fiato was named Chief Business Officer on October 13, 2026.
Market Landscape
This leadership appointment follows the 2024 acquisition of Conifer Insurance Services by Bishop Street Underwriters. It reflects a broader corporate trend of consolidating management oversight to support operating companies at a larger scale within the specialty insurance market.
The change in leadership will not immediately alter current policy pricing or coverage availability for existing clients. Customers can expect continuity of service as the management team coordinates the transition.
The takeaway
The promotion highlights how firms prioritize internal expertise when scaling operations post-acquisition. Maintaining experienced leadership on existing boards can help organizations ensure stability during periods of rapid growth.
Further reading
For more information on executive moves in the region, visit People.
More information
To learn more about the leadership team, visit the Bishop Street Underwriters corporate website.
Source note: This article includes information reported by The Manila times.
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