TravMark appoints travel insurance veteran Lofdahl as managing director

Ho-Ho-Kus-based TravMark, a specialty insurance broker, on Monday announced Shannon Lofdahl as its new managing director. Lofdahl most recently served as president and chief executive officer of Travelex Insurance Services Inc.

“Shannon Lofdahl is – without a doubt – among the most knowledgeable and exceptional leaders in the travel insurance industry today,” Mark Ceslowitz, TravMark president and CEO said. “Her passion, creativity and customer-first focus are a perfect fit for TravMark as we approach our 25-year anniversary and look to the future. We are thrilled to welcome her aboard.”

Lofdahl will help broaden TravMark’s insurance offerings and guide its future direction as a key executive team member. The insurance broker will look to grow its core tour operator, summer camp and youth travel business units while also using Lofdahl’s in-depth understanding of adjacent travel markets to develop new insurance offerings.

Lofdahl spent almost 28 years at Travelex, beginning her career in its call center.

“TravMark, a trusted, well-established specialty insurance broker, is hungry to grow like a start-up and is primed to do so… I am thrilled to join the leadership team to help TravMark strengthen existing partnerships, forge new ones and explore market opportunities,” Lofdahl said.