William “Bill” Bowman has been appointed President and Chief Executive Officer of the Speciality Admitted Insurance Segment by James River.
President of India List: Admitted Insurance Segment by James River Over 35 years
Bermuda’s Pembroke, December 5, 2023 (CNN) — It was announced today by James River Group Holdings, Ltd. (NASDAQ: JR) that William “Bill” Bowman has been appointed President and Chief Executive Officer of Speciality Admitted Insurance.
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As Senior Vice President, Programme Management, Mr Bowman joined the company in 2019 and has since led the Speciality Admitted Insurance segment’s programme and fronting business. Frank Thorazine, the company’s chief executive officer, will receive reports from Mr. Bowman.
Frank Thorazine, the company’s chief executive officer, stated, “Bill is a very accomplished executive with deep relationships with M Gas, programme managers, and high-quality re insurers, and significant experience delivering profitable growth in the fronting sector.” “He has long been a vital part of our company, and I am excited about the chance to collaborate with him more closely in his new position.”
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Bill Bowman expressed his excitement at being given the chance to head the Speciality Admitted Segment, which includes the Falls Lake Companies. He also expressed his excitement about working closer with the team and Group leadership in his new position. “As a leader in the programmes and fronting space, an area of significant market opportunity, our business has significant momentum.”
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Mr. Bowman has extensive experience in the property and casualty industry spanning over 35 years. He worked for several years in marketing and product management positions at companies like Farmers, Bankers Financial, and Intention before coming to James River in 2019. Mr. Bowman graduated with a bachelor’s degree from Duke University and an MBA from UNI-Chapel Hill.
According to the definition of that phrase in the Private Securities Litigation Reform Act of 1995, this press release includes forward-looking statements.
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These forward-looking statements, which can be recognised by terms like “believe,” “expect,” “seek,” “may,” “will,” “should,” “project,” “anticipate,” “plan,” “estimate,” or words of a similar nature, relate to the goals, convictions, or present expectations of James River and its management team.
Risks and uncertainties associated with forward-looking statements could result in actual results that are materially different from those projected.
Further details regarding these risks and uncertainties, along with other factors that could result in actual outcomes that materially deviate from the forward-looking statements, can be found in our filings with the U.S. Securities and Exchange Commission (“SEC”), which include our most recent Annual Report.
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Report on Form 10-K and our other SEC-filed documents. The Company disclaims all responsibility to update or modify any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or other reasons. These forward-looking statements are only valid as of the date of this release.
Concerning James River Group Holdings, Inc.
Owning and managing a collection of speciality insurance and reinsurance companies is James River Group Holdings, Ltd., an insurance holding company with its headquarters located in Bermuda.
Excess and Surplus Lines, Speciality Admitted Insurance, and Casualty Reinsurance are its three operating segments for speciality property-casualty insurance and reinsurance. A.M. Best Company has rated all of its regulated insurance subsidiaries “A-” (Excellent).
Go to www.jrvrgroup.com to access the online profile of James River Group Holdings, Ltd.
For additional details, get in touch with:
SIP of Finance, Investments, and Investor Relations Brett Shirr effs (919) 980-0524 Investors@jrvrgroup.com
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