Executives.21st Century Insurance Names Marlow to be President-CEO
Bruce Marlow, Allstate Corp.'s president of independent agency markets, has been named chief executive officer of 21st Century Insurance Group, Woodland Hills, Calif.
Marlow, also named president, succeeds William L. Mellick, who resigned in January. Marlow has also been named vice chairman of 21st Century. Mellick said he plans to pursue other interests.
At Allstate, Marlow also was a senior vice president. Before that, he spent 17 years at Progressive Corp. as the company's chief operating officer Chief Operating Officer (COO)
The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. .
Allstate hired Marlow last year to lead its independent agency initiative when it bought CNA Financial CNA Financial Corporation (NYSE: CNA) is a financial corporation based in Chicago, Illinois, United States, and noted for its 600 foot tall red headquarters building there. Its principal subsidiary, Continental Casualty Company (CCC) was founded in 1897. Corp.'s personal-lines business. He headed a new $1.7 billion company, called CNA (Certified NetWare Administrator) See Novell certification. Personal Insurance, which was to sell CNA personal-lines products through 3,800 independent agents in 43 states.
Last fall, Allstate said it would focus on independent agents as it launched a $600 million restructuring plan. That plan includes moving 6,500 of its more than 15,000 captive agents to one exclusive-agency, independent-contractor program.
21st Century meanwhile, made its mark as a direct marketer. The company sells personal automobile insurance in Arizona, California, Nevada, Oregon and Washington, and homeowners insurance in California.
21st Century also has expanded its Internet presence. Just before announcing Marlow's appointment, the company said it would expand its Internet sales by offering products through InsWeb.
Queensway Appoints CFO See Chief Financial Officer.
Queensway Financial Holdings Ltd., Toronto, has appointed Glenn W. Gibson as chief financial officer, succeeding Cathy Wilson. Gibson brings 17 years of financial management experience to his new job.
Two Hired at CGU CGU Conditions Générales d'Utilisation (French)
CGU Claremont Graduate University (Claremont, CA)
CGU Chang Gung University (Taiwan)
CGU Canadian Geophysical Union Insurance
Geraldine Prusko has joined CGU Insurance, Boston, as vice president of field operations. Her responsibilities include oversight of operations in CGU's Mid-Atlantic, New Jersey, Indiana/Ohio Valley and California regions.
Prusko joins CGU with more than 29 years of experience in the claims and legal areas. She most recently was senior vice president and chief claims officer for Cigna Property & Casualty Co.
Tom Becker has been appointed vice president and branch manager of the Seattle office. Becker joins CGU from Safeco/American States Insurance Co., where he was most recently casualty director, overseeing six regions. He has more than 18 years of experience in the insurance industry, particularly in field and home office underwriting, marketing and business unit management.
Church Mutual Promotes Whitburn to President-COO
Church Mutual Insurance Co., Merrill, Wis., has promoted Gerald Whitburn to president and chief operating officer. Dieter Nickel, who has been president since 1971, will continue as chief executive officer and chairman.
Whitburn joined Church Mutual in September 1996 as vice president of administration, becoming executive vice president in January 1998. He will be responsible for the company's day-to-day operations.
Anthem Unit Chief Resigns; Matthews Takes Over as COO
David Kikumoto said he would resign April 1 as chief executive officer of the Colorado and Nevada operations of Anthem Blue Cross & Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross. in Denver.
Caroline "Caz" Matthews, who was named chief operating officer in January, will succeed Kikumoto in heading Anthem's operations in those two states. Matthews has been with Anthem since 1988. Most recently, she led the effort to improve and integrate the Denver-based unit's operations into Anthem's. Anthem acquired the financially troubled Colorado Blues plan in November.
Insurance Institute Taps Liddy As Its Chairman of the Board
Edward M. Liddy Edward M. Liddy is Chairman, President and Chief Executive Officer of The Allstate Corporation. He is currently on the Board of 3M, Goldman Sachs and The Kroger Company.
• • , chairman, president and chief executive officer of All-state Corp., has been elected chairman of the board of the Insurance Information Institute. He succeeds Ret. Gen. Robert T. Herres Robert T. Herres (born January 12, 1932) was the first Vice Chairman of the Joint Chiefs of Staff. Early life and education
Herres was born in 1932, in Denver, where he attended East High School. He graduated from the U.S. Naval Academy in 1954. , U.S. Air Force, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of USAA USAA United Services Automobile Association
USAA Urban Superintendents Association of America
USAA United States Achievement Academy
USAA United States Arbitration Act of 1925
USAA United States Axemen's Association
USAA United States Air-Table-Hockey Association , San Antonio San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. .
Before being named chairman of Allstate in January 1999, Liddy became president in 1995 and chief operating officer in 1994. He joined Allstate from Sears in 1991, where he had been chief financial officer.
Oxford Names President-COO
Oxford Health Plans Inc., Trumbull, Conn., named Charles M. Schneider president and chief operating officer. Before joining Oxford, he was president and founder of Concordant Group LLC (Logical Link Control) See "LANs" under data link protocol.
LLC - Logical Link Control , a management-consulting firm for managed-care companies and other health-care providers.
Schneider will oversee the day to-day operations of the company, including health-care delivery, sales, information systems, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , claims and services. Dr. Norman Payson, chief executive officer and chairman, will remain responsible for strategic matters and relationships and will oversee financial, legal and public policy activities at Oxford (See "Full Circle," page 113).
Schneider succeeds William M. Sullivan, who resigned from the company to pursue other interests.
Fortis Health Hires Senior VP
Kimberly Harm has joined Fortis Health, Milwaukee, as senior vice president of underwriting.
Harm comes to Fortis Health from Mutual of Omaha Mutual of Omaha, best known for sponsoring the popular television show Mutual of Omaha's Wild Kingdom, is a Fortune 500 insurance and financial services company headquartered in Omaha, Nebraska. , where she was executive vice president of customer service operations. In her 20 years with Mutual of Omaha, Harm was responsible for a variety of operating functions, including life and health underwriting, claims, call-center operations and policyowner services.
MIIX Names President-CEO
MIIX Group Inc., Lawrenceville, N.J., has named Ken Koreyva to be president and chief executive officer.
Koreyva, who had been executive vice president and chief financial officer, succeeds Daniel Goldberg, who has taken a leave of absence.
Koreyva was named acting CEO following Goldberg's leave. While serving as acting CEO, Koreyva realigned the senior management team to enhance customer service.
Thomas Redman has replaced Koreyva as CFO. Redman previously was CFO of the company's insurance operations.
Towers Perrin Towers Perrin is a global professional services firm.
It was established 1 March 1934 as Towers, Perrin, Forster & Crosby. The umbrella name of Towers Perrin was adopted in 1987. Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. Hires Two Vice Presidents
Towers Perrin Reinsurance has hired Ed Santos as a senior vice president based in Philadelphia and Peter Brown as a vice president based in Stamford, Conn.
Santos comes to New York-based Towers Perrin Reinsurance after 10 years at Arthur Gallagher Intermediaries in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Brown had previously been with Carvill America and Sellon Associates.
National Grange Hires CFO
Jeanne Eddy has joined National Grange Mutual Insurance Co., Keene, N.H., as senior vice president and chief financial officer.
Eddy has more than 25 years of experience in the industry. Most recently president of the manufacturing strategic business unit with Zurich Insurance Group, she also held other senior level positions with Zurich, including president of the custom middle markets strategic business unit and president of national accounts.
Atlantic Mutual Selects Gorke To Oversee New Surety Unit
Atlantic Mutual Cos., Madison, NJ., has named Thomas P. Gorke senior vice president of Atlantic Mutual Surety, a new division. He will be responsible for developing a portfolio of contract and commercial surety bond surety bond
An insurance fee required before a duplicate security is issued to replace one that has been lost. The fee is approximately 4% of the market value of the security to be replaced. business, as well as planning and managing the division's longterm strategy.
Gorke brings more than 25 years of experience in the surety business, most recently as executive vice president for Seaboard Surety, a subsidiary of St. Paul St. Paul
as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26]
See : Bravery Cos. Previously, Gorke held several positions at Seaboard, a company he had joined in 1970 as an underwriter trainee.
Greater Beneficial Union Taps National Marketing Manager
Patrick F. Graun has been appointed national marketing manager for Great Beneficial Union of Pittsburgh. Graun has served on the board for the Wisconsin General Agents and Managers Association and the Madison Society of Financial Service Professionals.
XL Unit Selects President
P. Richard Hackenburg has been named president of XL Market Services, a division of XL Global Services Hamilton, Bermuda. He is chief executive officer of XL Insurance Co. of NewYork.
Hackenburg will be responsible for coordinating cross-selling programs and processes, company branding and positioning, uses of Web technology to deliver added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
Leimkuhler Succeeds Delaney
Urban E. Leimkuhler Jr. has succeeded Richard T. Delaney as president of Am-Re Consultants Inc., a unit of Munich-American Global Services Inc. Delaney, who joined the company in 1994 as president, has retired. Leimkuhler previously held executive positions with USF&G, Swiss Re Swiss Re is the world’s largest reinsurer, now that it has acquired GE Insurance Solutions (Ligi 2006). Founded in 1863, Swiss Re now operates in more than 30 countries. General Electric owns 8.9% of the firm. and Allmerica Financial.
Marsh Names Nordic Chairman
Hans-Erik Andersson has been appointed to the dual posts of chairman of the Nordic region for both Marsh & McLennan Cos. and Marsh Europe, MMC's risk and insurance services operating company operating company
A business that engages in transactions with outsiders. in Europe.
In his Marsh Europe capacity, Andersson oversees businesses in Denmark, Sweden, Norway and Finland. As chairman of MMC See MultiMediaCard and Microsoft Management Console. in the Nordic region, Andersson will work with the leaders of the company's operating subsidiaries An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. , Marsh Europe and Mercer Consulting Group.
Previously, Andersson was chairman of Skandia International and executive vice president of Nordic Property-Casualty He also served as executive director with the U.K. reinsurer re·in·sure
tr.v. re·in·sured, re·in·sur·ing, re·in·sures
To insure again, especially by transferring all or part of the risk in a contract to a new contract with another insurance company. Mercantile & General.
Sunshine State Selects CFO
Sunshine State Insurance Co., Ponta Vedra Beach, Fla., has named Richard L. Ervin to the posts of vice president and chief financial officer. Ervin has more than 22 years of experience in the Florida market. Most recently, he was chief financial officer of American Surety & Casualty Co., Jacksonville, Fla.
ING Re Names President-CEO
Jeff Skriletz has been named chief executive officer and president of ING Reinsurance, one of several leadership changes that the company said reflect its strong focus on international expansion.
Previously president of ING Institutional Markets, Skriletz began his 18-year career at ING as an actuarial ac·tu·ar·y
n. pl. ac·tu·ar·ies
A statistician who computes insurance risks and premiums.
[Latin student and spent several years in the Netherlands as an actuary actuary
One who calculates insurance risks and premiums. Actuaries compute the probability of the occurrence of such events as birth, marriage, illness, accidents, and death. of the international division of Nationale Nederlanden
Other personnel changes include:
* Tom Conroy has been named president of ING Reinsurance International and will head the company's expansion into Bermuda, Japan and Ireland.
* Arnold Dicke, senior vice president and chief actuary, will add oversight of the business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets and information technology to his responsibilities.
* Dr. Pete Bell has been promoted to senior vice president, risk selection and medical director, heading risk selection and the Denver-based company's mortality research center.
Humana Taps President-CEO
Humana Inc., Louisville, Ky., said it has named Michael B. McCallister president and chief executive officer and a member of the company's board.
McCallister, who has been with Humana for 26 years, has been a member of Humana's four-person office of the chairman since August, working closely with Chairman and Interim CEO David A. Jones on the company's turnaround plan.
NYMagic Appoints Davis COO
NYMagic Inc. has appointed Lawrence S Lawrence.
1 City (1990 pop. 26,763), Marion co., central Ind., a residential suburb of Indianapolis, on the West Fork of the White River. It has light manufacturing.
2 City (1990 pop. 65,608), seat of Douglas co., NE Kans. . Davis executive vice president and chief operating officer. Davis, 52, was senior vice president of Aon Reinsurance Inc. in Philadelphia.
Davis has more than 30 years of experience in multiline underwriting, international business and reinsurance buying and brokering.
Tempest Re Appoints Daniel To Lead Expansion Strategy
Tempest Reinsurance Co. Ltd., a subsidiary of Bermuda-based Ace Ltd., has appointed Wayne A. Daniel to lead Tempest Re's multiline expansion into the European and Asian reinsurance markets. Daniel will initially be responsible for developing a detailed business plan, recruiting a core team of reinsurance professionals and determining the optimal structure and focus of the London-based operation. Daniel has held senior executive positions at M&G Re, Liberty Re and, most recently, ERC (database) ERC - An extended entity-relationship model. Frankona in London.
National Insurance Programs Names Wehner President-COO
National Insurance Programs has appointed John H. Wehner as president and chief operating officer. Wehner will have operating responsibilities for National Insurance Programs, NIP public entity solutions and the property/casualty operations of all NIP's affiliates. He joined NIP in April 1999 as president of NIP public entity solutions.
Hays Resigns From Top Post At Blue Cross & Blue Shield
Patrick G. Hays has resigned as president and chief executive officer of the Blue Cross & Blue Shield Association.
Scott Serota, the association's executive vice president and chief operating officer, will serve as interim president and CEO.
Hays took the reins in February 1995. Since then, the member plans experienced significant enrollment gains and now insure about one in four Americans in every state.
Those gains were achieved through the work of the plans, but Hays and the association helped that to occur by making the association a "smoother, faster-moving more-efficient organization," said spokesman Bill Pierce
Bill Pierce (born September 25, 1948 in Hampton, Virginia) is an American jazz saxophonist. . "We had a flat budget, but we became meaner and leaner."
Hays oversaw the plans' continuing migration from indemnity to managed care, the consolidation in the number of plans from more than 70 to the current 49, and plan conversions from nonprofit to for-profit.
Under Hays, the association continued development of the BlueCard, which allows a member of any plan to access care at any other Blues plan in any state. Another innovation, BlueCard Worldwide, allows access in other countries. Both programs "took off" under his leadership, Pierce said. Hays initiated the launch of the association's internal and external Web sites, and he pushed expansion of Blues plans internationally.
In 1998, Blues plans collectively earned a $1.4 billion profit, but sustained $1.1 billion in underwriting losses, a problem Hays said last spring the organization would address.
Former Regulator Joins Quotesmith.com
Quotesmith.com Inc. has named Jay Angoff, a former Missouri insurance commissioner, as vice president of strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. .
Angoff, 48, was appointed director of the U.S. Health Care Financing Administration's private health insurance group in January 1999.
As director, he oversaw federal enforcement of recently enacted legislation governing the portability of health insurance coverage. Between 1993 and 1998, he served as the insurance commissioner of Missouri, where he spearheaded workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. and health insurance reforms, according to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. Quotesmith. He also evaluated and approved several major mergers and divestitures involving insurers and health maintenance organizations.
As commissioner, he also helped set up the National Association of Insurance Commissioners' committee on insurance claims of Holocaust survivors There are many famous Holocaust survivors who survived the Nazi genocides in Europe and went on to achievements of great fame and notability. Those listed here were, at the very least, residents of the parts of Europe occupied by the Axis powers during World War II who survived .
Quotesmith.com, Darien, Ill., provides online price quotes for insurance policies.