As the Wholesale & Specialty Insurance Association’s (WSIA) annual 2021 market begins to pull out, the organization wants to honor its longtime supporters who have recently passed away.
In memory of Kevin P. Brooks
Kevin Brooks died on April 3, 2020 from the COVID-19 virus. He was president of NAPSLO from 1989 to 1990.
After graduating in psychology from Manhattan College in 1966, Kevin was appointed 2nd Lieutenant in the United States Marine Corps and he served in Vietnam from 1967 to 1968 as a forward observer of the ‘artillery. He continued to serve as a reserve member, completing 30 years of service with the USMCR and retiring as a colonel in 1992. He completed his military career as Battalion Commander, 2nd Battalion, 25th Marine reserve unit in Garden City, Long Island.
At the end of his active service career in the Marine Corps in 1969, Kevin returned to New York and joined General Reinsurance. He has had a long and very successful career, rising through the ranks and retiring as Chairman, President and CEO of General Star, which he has led since its founding. During his years at General Star, in addition to being President of NAPSLO, he received the Charles McAlear Award in 1999, recognizing his substantial contributions to the industry. During his professional career, Kevin also completed the NYU Graduate School of Business Administration program and completed the Tuck School of Business Executive Program at Dartmouth College.
In addition to his many professional contributions to the wholesale, specialty, and surplus industry, Kevin was avid birding enthusiast and loved basketball and Irish music. When not singing or playing his drum, the bodhrán, he was found playing the bones, which he stored in his pocket, easily accessible whenever an opportunity to play arose.
In memory of Louis T. Mastos
Louis T. Mastos passed away on March 21, 2020 in Reno, Nevada. He was president of AAMGA from 1985 to 1986.
After attending Louisiana Tech and Tulane University, he served in the USNR from 1942 to 1946 during World War II. Mastos moved to Reno in 1956 and was Nevada’s Insurance Commissioner from 1965 to 1971. During his tenure as Commissioner, 40% of Nevada’s insurance regulation was rewritten in a legislative session, and Mastos was instrumental in this process. In 1971, he founded Louis T. Mastos & Associates, Inc. in Reno as a general management agency and surplus line broker. He is remembered for recognizing the need for a market where small insurance agencies can sell insurance they could not get anywhere else and to offer companies with narrow product lines market penetration. . Louis T. Mastos & Associates eventually had offices in Reno, Las Vegas, Phoenix, AZ and Santa Rosa, CA.
During his tenure as president of AAMGA, Mastos is credited with introducing more structured financial control and creating the office of secretary-treasurer of the association. In addition to AAMGA, he was a member of NAPSLO, the Prospectors Club, the Nevada Surplus Lines Association and served on the board of directors of Frontier Adjusters of America, Inc. and was a member emeritus of the board of directors of Insurance Hall of Fame.
Mastos remained active in the business, continuing to make agency calls and attend industry meetings until just a few years ago. He will be remembered by all who knew him.