Protective Insurance appoints ex-AIG Jeremy Johnson as chief executive officer
Protective Insurance Corporation, a US-based insurer specialising in commercial auto, has appointed Jeremy Johnson as new chief executive officer (CEO), and a member of its board of directors.
Johnson most recently served as president, US commercial for American International Group (AIG) from February 2016 to December 2017, with responsibility for underwriting, operations, claims and distribution in the US, Canada, Brazil, Mexico and Puerto Rico.
He served as CEO and president of Lexington Insurance Company, AIG’s excess and surplus lines unit, from February 2013 to December 2017. Johnson served in various executive leadership roles at AIG, including specialty product line executive, US & Canada; president of cat excess liability; US executive for energy excess casualty; and regional vice president for the Mid-Atlantic territory. Prior to joining AIG, Johnson was a broker for Sedgwick, and Marsh.
“I’m excited to be joining Protective and looking forward to continuing improvements in our operational and financial performance,” said Johnson. “This is a challenging time for the commercial auto insurance sector, and it’s during challenging times that Protective, with our long history of providing commercial automobile insurance, can distinguish ourselves. By building on our successful heritage, I’m confident we will deliver positive outcomes for our insureds, our distribution partners and our investors.”
Protective’s chairman of the board Jay Nichols, who has served as interim CEO since October 2018, said: “We’re delighted that Jeremy will be joining our team to serve as our CEO. Jeremy’s more than 25 years of insurance industry experience, leading large teams and managing complex books of business, makes him an ideal leader for the team at Protective.
"His extensive background with commercial insurance risks, including commercial automobile coverages, will be invaluable for both our insureds and our broker partners. We look forward to benefiting from Jeremy’s leadership and expertise as Protective continues enabling commerce, providing recovery from unfortunate events, and saving lives by serving as a strong partner to our stakeholders in the transportation safety ecosystem.”
