People

June 20, 2011

Liberty Mutual Group’s Edmund (Ted) F. Kelly, 65, will retire from active management of the company on June 28. David H. Long, 50, will replace Kelly and will become president and CEO effective June 29, 2011. Kelly will continue to serve as chairman of the board of Liberty Mutual Holding Co.

Long has served in various leadership positions at Liberty Mutual over his 25-year career with the company. Most recently he was elected president in June 2010. Prior to that, he was president of Liberty International, a position he assumed in January of 2009. Other positions at Liberty Mutual included serving as president, Commercial Markets, and as chief operating officer in National Market.

Long was also a founding member of what is now Liberty Mutual Agency Corp., where he was actively involved in the acquisitions of Golden Eagle, Summit, Peerless Insurance, Indiana Insurance and Colorado Casualty. Long began his career at Liberty Mutual in 1985 as a financial analyst in National Accounts.

Kelly joined Liberty Mutual in 1992 as president and chief operating officer, and was elected CEO in 1998. He was elected as chairman of Liberty Mutual Group in April 2000.

New Jersey-based Crum & Forster has made a management switch in its specialty lines in connection with the recent acquisitions of First Mercury Financial Corp., Valiant Insurance and American Management Corp.

Richard H. Smith, chairman and CEO of First Mercury, has assumed responsibility for Crum & Forster’s combined E&S casualty capabilities – which now operates as CoverXSpecialty. He will also serve as vice chairman of Crum & Forster.

Executive Vice President Ted Camp – who is also chief underwriting officer of First Mercury – will manage operations of this group, which has more than $320 million in gross premiums written.

Steve Strange Sr. will continue his role as president of the managing general agency American Management Corp., under the leadership of Marc Adee, president of Crum & Forster’s Fairmont Specialty Group. The combined operations will include over $150 million of gross premiums written in the energy and other specialty casualty businesses.

Gary Dubois, formerly president of Valiant Insurance, will oversee a combined management and professional liability unit for Crum & Forster, with approximately $60 million in gross premiums written. Additionally, Dubois will serve as president of Seneca Insurance Group.

Lisa Caputo has joined The Travelers Companies Inc. as executive vice president for marketing and communications. Caputo joins Travelers from Citigroup, where she was managing director for the public sector group.

Until recently, she served as executive vice president of global marketing and corporate affairs. Her previous experience at Citi includes serving as chief marketing officer. Previously, Caputo spent over a decade in the public sector, including serving as deputy assistant to President Bill Clinton and as press secretary to First Lady Hillary Rodham Clinton during Clinton’s first term.

Patriot National Insurance Group hired Theodore Werckman as alternative markets underwriting manager of the group’s professional employer organization (PEO) unit. Werckman will oversee Guarantee Insurance Co. and Patriot Underwriters’ PEO renewals and new business. He will be based at Patriot National headquarters in Fort Lauderdale, Fla.

Before joining Patriot National, Werckman served as senior underwriter at Tower Group Cos. He has also held positions at Risk Transfer, First Commercial Underwriters, Paradyme Human Resources, and Staff Leasing.

Topics Human Resources

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Insurance Journal Magazine June 20, 2011
June 20, 2011
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