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Dallas, Texas – July 14, 2026 – CoVerica is pleased to announce the appointment of Chris Sterlacci as Chief Executive Officer (CEO) and Chad Brumit as Chief Operating Officer (COO), marking an exciting new chapter in the company's continued growth and commitment to serving clients, partners, and employees.
Chris Sterlacci has been a member of CoVerica since 2011 and has played an instrumental role in the growth and success of CoVerica Agency Alliance. A veteran of the U.S. Air Force and graduate of Southern Methodist University, Sterlacci brings more than a decade of leadership experience within the organization. As CEO, he will serve as the company's Visionary, focusing on long-term strategy, cultivating strong partnerships, and investing in the people and culture that have defined CoVerica's success.
"I'm honored to step into this role and excited for what lies ahead," said Sterlacci. "Together, we'll continue building CoVerica's strong foundation while investing in our people, strengthening our partnerships, and creating even greater opportunities for the future."
Joining CoVerica as Chief Operating Officer, Chad Brumit brings more than 25 years of executive leadership experience spanning operations, business development, and strategic growth across multiple industries. As COO and the company's Integrator, Brumit will focus on aligning strategy with execution, enhancing operational excellence, and ensuring continued accountability across the organization as CoVerica grows.
"Stepping into this new role is an honor I am extremely grateful for and one I'm taking on because I believe deeply in what CoVerica was built upon," said Brumit. "I'm excited to roll up my sleeves alongside this incredible team as we build upon that foundation and create something even stronger together."
The updated leadership structure is designed to strengthen collaboration across both CoVerica Retail and CoVerica Agency Alliance while supporting the company's long-term strategic initiatives, including continued organic growth and future merger and acquisition opportunities.
"Chris and Chad bring complementary strengths that position CoVerica for continued success," said John Sutter, Chairman of CoVerica. "Chris has demonstrated exceptional leadership and a deep commitment to our culture over the past 14 years, while Chad's operational expertise and passion for developing high-performing teams make him an outstanding addition to our leadership team. Together, they will help us build on our strong foundation and lead CoVerica into its next phase of growth."
As CoVerica continues to expand its footprint and invest in innovative solutions for clients and agency partners, the company remains committed to delivering exceptional service while fostering a culture centered on integrity, accountability, and continuous improvement.
Established in 1983, CoVerica consistently offers unique insurance solutions and opportunities for its employees, customers, and producers, with effective risk management practices. Headquartered in Dallas, TX, CoVerica has been awarded the IIABA Best Practice Agency for eleven consecutive years and was recently recognized as the Insurance Journal’s 2024 South Central Gold Winner for “Best Agencies to Work For.”
CoVerica Agency Alliance is a strategic master agency of SIAA, the fastest growing agency partnership in the country. Our “integrator” model combines the best aspects of each partnership model: clusters, aggregators, and franchises to create a one-of-a-kind partnership that enhances distribution and drives organic growth through strategic relationships.