Business
UFG Insurance Appoints Julie Stephenson as New Chief Operating Officer
CEDAR RAPIDS, Iowa, Jan. 05, 2023 (GLOBE NEWSWIRE) -- United Fire Group Inc. (Nasdaq: UFCS) (“UFG”) is pleased to announce the appointment of Julie Stephenson
About this update from United Fire Group, Inc
[{"type":"text","content":"CEDAR RAPIDS, Iowa, Jan. 05, 2023 (GLOBE NEWSWIRE) -- United Fire Group Inc. (Nasdaq: UFCS) (“UFG”) is pleased to announce the appointment of Julie Stephenson as its new executive vice president and chief operating officer (“COO”), effective January 30, 2023. She succeeds the company's longtime COO Michael Wilkins, who retired from UFG at the end of September. Stephenson has over 25 years of experience in the insurance industry, most recently serving as global head of casualty reinsurance at Swiss Re. Prior to joining Swiss Re in 2021, she held the positions of chief operating officer-middle market and commercial chief underwriting officer at CNA Insurance and global liability manager for Chubb Insurance. She earned a bachelor's degree in mechanical engineering from Texas A&M University. \"Julie is an accomplished, people-centered leader who brings a wealth of operational, underwriting and portfolio management experience to our company,\" said UFG President and CEO Kevin Leidwinger. \"I'm confident that she will be a strong addition to our leadership team, as well as a great cultural fit for our company. We are thrilled to have her onboard as we continue to execute our strategic plan and position UFG for long-term success.\" In her new role, Ms. Stephenson will be responsible for the overall operational performance of UFG, overseeing strategic efforts to drive profitable growth across the company's various business segments. \"I am incredibly excited to be joining UFG, a company known for its strong core values, trusted agency partnerships and talented employees dedicated to delivering on its promises,\" said Stephenson. \"As COO, I look forward to working alongside my new colleagues on the leadership team to pursue our strategic objectives and drive profitable growth at UFG.\" About UFGFounded in 1946 as United Fire & Casualty Company, United Fire Group, Inc. (UFG, Nasdaq: UFCS), through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance. Through our subsidiaries, we are licensed as a property and casualty insurer in 50 states, plus the District of Columbia, and we are represented by approximately 1,000 independent agencies. A.M. Best Company assigns a rating of \"A\" (Excellent) for members of the United Fire & Casualty Group. For more information about UFG, visit ufginsur...