Executive Management


Steven J. Hartman

President / Chief Executive Officer 

Mr. Hartman brings extensive leadership experience to StoneWood having held executive positions in the insurance and reinsurance industry since 1992. Prior to Falls Lake National, he served as Senior Vice President of IAT Specialty, Occidental Fire & Casualty Insurance Company, Harco National Insurance Company and Wilshire Insurance Company, subsidiaries of IAT Group. Mr. Hartman has also served as Director at Arch Reinsurance Company, Senior Vice President at Gerlin Global Reinsurance Corporation of America, Senior Vice President and Chief Underwriting Officer and member of the Board at Constitution Reinsurance Company and Vice President at Transatlantic Reinsurance Company. He has the designations of the Chartered Property Casualty Underwriter and Associate in Reinsurance.


 Thomas R. Fauerbach

Chief Actuary

Mr. Fauerbach brings more than 30 years of property and casualty experience to Falls Lake. He has most recently served as Chief Actuary at Alterra Capital Holdings and Colony Insurance Group. He has also served as an actuary at Markel Corporation, Middlesex Mutual Assurance Company, Cigna and Commercial Union Insurance Company. Mr. Fauerbach has an Actuarial Science degree from The College of Insurance, New York, NY and is an Associate of the Casualty Actuarial Society.


 Fred Thistle

 Vice President and Chief Claims Officer 

Mr. Thistle joined James River Insurance Company in December 2003 specializing in Professional Liability, Allied Health and Life Sciences claims. He brings over 35 years of experience in the insurance industry. Prior to joining James River, Mr. Thistle was Director of Claims with The Reciprocal Group, where he was responsible for medical malpractice and general liability claims. Prior to joining The Reciprocal Group Fred was employed by the Markel Corporation, where he managed a divisional claims department handling a variety of lines including commercial auto, manufactured housing, and license & permit bonds. For most of his career, Mr. Thistle has specialized in professional lines with particular emphasis in medical liability. In addition to The Reciprocal Group and Markel Corporation, his career includes service with the Insurance Company of North America, the St. Paul Companies, the Massachusetts Joint Underwriting Association, and the Pennsylvania Medical Society Liability Insurance Company. 
Mr. Thistle holds a Bachelor's Degree from West Virginia Wesleyan College. He completed a claims law associate program with LaSalle Extension University in Chicago and earned an Associate in Insurance Management with the Insurance Institute of America.


 Raju S. Sodhi

 Senior Vice President and Chief Information Officer  

Mr. Sodhi was promoted to Chief Information Officer in 2009 and James River Group CIO in 2013. Mr. Sodhi joined James River Insurance Company in late 2002 as Director of Information Technology. He was responsible for core systems development and implementation including policy and claims management, reporting and data warehouse. Since that time, Mr. Sodhi has managed application development, support, database, and IT operations. Prior to joining James River, Mr. Sodhi spent seven years at the Colony Insurance Group in a variety of technical positions in the IT department. Before joining Colony, Mr. Sodhi worked for Medical College of Virginia Hospitals as a software developer. Mr. Sodhi has over 24 years of experience in the software industry. In his current role as James River Group CIO, Mr. Sodhi is responsible for establishing IT policies and enterprise level architecture standards across all the group entities in collaboration with business unit executives. Mr. Sodhi is a graduate of Punjab University, Punjab, India, with a degree in Arts and earned his post-baccalaureate certificate in Information Systems from Virginia Commonwealth University.