GAB Robins Elects Three Independent Directors to Its Board.Business Editors PARSIPPANY, N.J.--(BUSINESS WIRE)--Sept. 19, 2001 The GAB Robins Group of Companies recently announced that it has elected three independent members to the company's Board of Directors. They are John T. Baily, Norman Barham and Jon Rotenstreich. "These appointments are milestones for our company. They support and strengthen our strategy to marshall world-class resources to help guide the future of GAB Robins," said Joseph M. Zubretsky, Chairman of the Board, President and Chief Executive Officer of the GAB Robins Group of Companies. "John, Norm and Jon are pillars of the business community and icons in the insurance industry. We look forward to their wise counsel." John Baily is the President of 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. Capital Partners, the alternative asset investment management arm of the Swiss Re Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. Business Group, where he is involved in all aspects of investments in the insurance and related financial services businesses. Baily was a general practice partner with PricewaterhouseCoopers specializing in the insurance industry. He led the US Insurance Industry practice of Coopers & Lybrand (predecessor of PricewaterhouseCoopers) for 12 years and was a member of its Board of Partners, the firm's governing board Noun 1. governing board - a board that manages the affairs of an institution board - a committee having supervisory powers; "the board has seven members" . Barham was Vice Chairman of Marsh Inc., the world's leading risk and insurance services firm, and a former member of the Marsh & McLennan Companies Board of Directors. He began his career with Johnson & Higgins in 1975 and became the company's President in 1996. After Johnson & Higgins' merger with Marsh & McLennan Inc. in 1997, Barham worked closely with the new company's 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. on strategic and operating matters. Rotenstreich was Chairman and CEO of TIG n. 1. A game among children. See Tag. 2. A capacious, flat-bottomed drinking cup, generally with four handles, formerly used for passing around the table at convivial entertainment. Holdings, Inc., a financial holding company for a number of diversified diversified (di·verˑ·s property and casualty insurance subsidiaries across the US, as well as TIG 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. Company. Rotenstreich is currently a financial consultant and private investor. These appointments bring the total number of board members to eight. Other board members include Alberto Cribiore, Partner of Brera Capital Partners, and members of his firm. Brera, a $680 million private equity investment firm based in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , owns a majority interest in GAB Robins. The GAB Robins Group of Companies, which has affiliated operations in 43 countries, provides a comprehensive worldwide network of loss adjusting, third party administration and managed care services. With more than 4,000 employees worldwide, GAB Robins handles more than one million claims annually, providing seamless claims services domestically and globally for the property and casualty insurance market. For more information, visit www.gabrobinsna.com. |
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