Steamboat Group, the holding company for several leading insurance brands, is pleased to announce the launch of Tellum Advisory, a consulting service for the lending and banking sector that offers clients specialized advisory support in risk management, regulatory compliance, safety and soundness. Led by Joseph Posavec as EVP Risk and Compliance Advisory, clients will receive high-value, compliance-based solutions for their critical business needs. Services include insurance reviews, data services, and commercial credit underwriting. Posavec brings over 30 years of experience in real estate, capital markets, banking, and technology with in-depth expertise in many aspects of banking, credit, insurance review, and regulatory compliance.
“Throughout my career, I have consistently seen how vital it is to have the most up-to-date knowledge in an ever-changing industry,” Posavec said. “It can be extremely beneficial to have an advisor who has the pulse on the regulatory environment. I am thrilled to be able to help people navigate these complexities at Tellum Advisory.”
Posavec is known for delivering under pressure, executing decisively, and leading high-performance teams across major banking institutions and consulting firms – most recently as EVP-Bank Credit Risk Solutions at Newmark. He currently holds board membership with ACAP, an advisory board membership with CefPro Fintech, and is a member of the NFA, CAMB, MBA, RMA, and ABA. He studied Economics at the University of Toronto and earned his Master of Business Management from the University of Essex in Colchester, England.
“Joseph’s highly respected reputation precedes him,” said Steamboat Group CEO Angel Cruz. “The opportunity for him to join our team was excellent timing in the current insurance and compliance landscape. I have no doubt Joseph will be an excellent asset for our company, our current clients, and future partners.”
“Joseph brings an incredible amount of insight and wisdom to the team as we build this new program,” added Kirk Stephens, CRCM, Chief Compliance Officer. “His knowledge and experience will be invaluable to this advisory and consulting role. We are excited to welcome him and watch this new program grow.”
Posavec can be reached at jposavec@tellumadvisory.com or 678.205.8843.
About Steamboat Group:
Steamboat Group is the parent company of several insurance related brands focused on financial institutions, property investors, and member associations. Its four best-in-class divisions include OSC Insurance Services, Southeastern Underwriters, Tellum Advisory, Target Markets Program Administrators Association, and Insurance Networks Alliance. For nearly 15 years, the company has built a reputation for delivering strategic solutions, insights, perspectives, and support that help agents, businesses, financial, and carrier partners protect and grow their institutions. Team members are experienced in critical infrastructure, technology, and compliance practices.
