American Coastal Insurance Corporation announced that effective January 22, 2024, B. Bradford Martz, President, will step down from his role of Chief Financial Officer to focus on his position as President of the company. Mr. Martz held the role of Chief Financial Officer since 2012. Mr. Martz's primary responsibilities will shift to investor relations and strategic initiatives aimed at building shareholder value.

The Company has appointed Svetlana Castle, JD, MPA, CPA, as the Company's new Chief Financial Officer effective January 22, 2024. Ms. Castle will be responsible for the finance, accounting and tax operations for the Company. Ms. Castle has 15 years of experience in the insurance industry, in addition to vast experience across shared services operations, enterprise risk management, financial reporting and forecasting, and auditing.

Most recently, Ms. Castle held the position of Chief Accounting Officer and Enterprise Risk Management Lead at Bankers Financial Corporation from 2015 to July 2023. While at Bankers, Ms. Castle was responsible for the comprehensive financial management of over 50 subsidiaries. Ms. Castle holds a Juris Doctor degree, a Master's degree in Accounting, a Bachelors of Arts degree in Accounting, and a Bachelors of Science degree in Education - Mathematics.