Palomar Holdings, Inc. (NASDAQ: PLMR) announced that Scott Beiser has been appointed to the company's board of directors, effective May 21, 2026.

Beiser currently serves as co-chairman of Houlihan Lokey (NYSE: HLI), a global investment bank, after serving as chief executive officer from 2003 to 2024. He joined Houlihan Lokey in 1984 and held several senior leadership positions throughout his tenure, including chief operating officer and chief executive officer. As CEO, Beiser led the firm's initial public offering in 2015.

Beiser has served on Houlihan Lokey's board of directors since 1991. He holds both a bachelor of science and a master of science in finance from California State University, Northridge.

"We are pleased to welcome Scott to Palomar's Board of Directors," said Mac Armstrong, chairman and chief executive officer of Palomar. "Scott brings a wealth of leadership experience to our Board, along with a strong track record of delivering sustained growth and creating shareholder value at Houlihan Lokey."

Beiser said he is excited to join Palomar's board and support the company's continued growth and strategic objectives.

Palomar Holdings is a specialty insurer serving residential and commercial clients in earthquake, inland marine and property, casualty, surety and credit, and crop insurance categories. The company's insurance subsidiaries have financial strength ratings of "A" or "A-" from A.M. Best.