Universal American Financial Corp.UNIVERSAL AMERICAN FINANCIAL CORP. has named STEVEN NAJJAR 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. and legal counsel of its insurance companies. Najjar will serve as executive vice president, general counsel and chief operating officer for certain subsidiaries of Universal American, including American Pioneer Life Insurance Co., Constitution Life Insurance Co., Marquette National Life Insurance Co. and American Exchange Life Insurance Co. He was most recently president and chief executive officer for Clarendon CLARENDON. The constitutions of Clarendon were certain statutes made in the reign of Henry H., of England, in a parliament holden at Clarendon, by which the king checked the power of the pope and his clergy. 4 Bl. Com. 415. Insurance Group, and prior to that he was general counsel and then chief operating officer for the Hannover Re Hannover Re (FWB: HNRGn), in German Hannover Rückversicherung AG, with gross premium of around €9 billion in 2006, is one of the five largest reinsurance groups in the world. Its headquarters are in Hanover, Germany. Group's U.S. life 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. operations. |
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