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Great American Insurance starts luxury yacht program, appoints 2 execs

Great American Insurance Group's ocean marine division has introduced a luxury yacht program.

The company appointed Rick Salway as divisional vice president to oversee the development and management of the new program. Salway was previously vice president of recreational marine at XL Catlin.

Additionally, Sue Cacoilo was named business development manager for the luxury yacht program. She will be responsible for luxury yacht program underwriting and portfolio management. Most recently, Cacoilo served as an assistant vice president at XL Catlin.

Great American Insurance Group and its affiliates are subsidiaries of American Financial Group Inc.