Nicholas A. Karacostas, joined Integrated Specialty Coverages in April 2020 as Senior Vice President – Head of Claims. Nick has been involved in the insurance industry since graduating from Law School, and has specifically been an Insurance Claims Executive for the last 22 years. Prior to ISC and since 1998 Nick’s experience involved multiple Insurance Carriers responsible for the Claims of the Captive Groups, Construction Division, Programs Division and National Accounts, all of which utilized Third Party Administrators to handle their claims.
Prior to joining ISC, Nick worked at Berkshire Hathaway Guard Insurance, Arch Insurance Group, Zurich North America and General Accident Insurance Company in various capacities which included Senior Vice President of Claims, Vice President of Claims, Vice President of Litigation Management & Vendor Services and Director of Claims Marketing & Customer Service. Nick also served as in-house Staff Counsel for many years early in his career, before transitioning to Claims Management positions.
Nick holds a J.D. degree from the City University of New York Law School and a B.A. degree from New York University.
Nick was born in Kyrenia, Cyprus. He emigrated to the U.S.A. in 1966. He played soccer with the Pancyprian Association of America, Inc. with their Junior teams from 1975-1981. He has served as their Legal advisor since 1991 till present. He was a member of the Board of HANAC and Chairman of its subsidiary Home Services Systems, Inc., as well as Member of the Board of St. Michael’s Home. He has served for six years on the Parish Council member of the St. Nicholas Greek Orthodox Church of Flushing N.Y. Nick served as President of AHEPA “from 2009 -2011” and then as it’s Chairman of the Board since that time. Nick Resides in Bayside, N.Y. with wife Anna and daughters Georgia and Andreana.
