PCI unveils new officers to board of governors
The Property Casualty Insurers Association of America (PCI) elected new officers to its Board of Governors during its annual meeting.
Kurt Bock, CEO, Country Financial was elected as PCI’s chair; Pete McPartland, chairman of the board, president and CEO, Sentry Insurance was elected first vice chair; and Jim Brannen, CEO, FBL Financial Group was elected second vice chair.
“We are thrilled that Kurt will be taking the wheel of PCI,” said David Sampson, president and CEO of PCI. “Kurt is an experienced leader. Over the last several years, he has guided PCI and our members on a number of our priorities, including federal tax reform, financial regulation reform, and auto safety.
“As an industry and nation, we are in an era of unprecedented change and disruption from technological, economic, demographic, and geopolitical sources. Our new officers bring a high level of expertise that will help PCI and our members shape the future of the home, auto, and business insurance marketplace.”
Bock is now CEO of Country Financial. He joined the Illinois Agriculture Association (IAA) family of companies in 2003 as chief executive officer of the IAA Credit Union. Bock was appointed to the Federal Advisory Committee on Insurance in 2015. He earned a bachelor’s degree of science from the US Air Force Academy, a master’s degree in business administration from Southern Illinois University, and a doctoral degree of philosophy in business administration from Saint Louis University.
McPartland is chairman of the board, president and CEO of Sentry Insurance. He joined Sentry in 2010. Prior to joining Sentry, McPartland served in a variety of executive positions with Fireman’s Fund, General Casualty, and Golden Eagle Insurance. He currently serves on the board of the Workers Compensation Research Institute and is a graduate of the University of Florida.
Brannen is CEO of FBL Financial Group. He joined FBL in 1991 and has held various positions in finance and executive management. Prior to joining FBL, Brannen worked in public accounting. He currently serves on the board of directors and various committees of the Greater Des Moines Partnership, Great Western Bank and as a member of the Iowa Business Council and the Greater Des Moines Committee. Brannen is a graduate of the University of Iowa.
Get the latest re/insurance news sent to your inbox every day - Sign up to our free email newsletters
Other stories from today's PCI newsletter
SCOR vows to take a nuanced view on rate rises, assessing clients on a case-by-case basis
Beazley seeks global rate hikes of 5 to 10% for renewals
Risk-based pricing is best way to manage the burden of flood losses
Insurtech firms become MGAs out of frustration
Alternative thinking: the historic rise of ILS
Cat losses demonstrate value and resilience of industry
ILS capacity demystified for US cedants
2017 insured losses could total $100 billion: RMS
Expert support for catastrophe and exposure management
Cedants: how much coverage to buy?
Insurers need to reach for the cloud
Firms grasp importance of data assets, yet don’t insure risk
Anticipate change and innovate: Sampson
RAA highlights growth opportunities at PCI
Wildfires among the costliest on record
Technology should mean evolution
$93bn premium forecast in US homeowners’ insurance
The bottom of the cycle has been reached
