Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - Global Indemnity Group, LLC | c15465e8vk.htm |
Exhibit 99.1
PRESS RELEASE
For release:
|
April 12, 2011 | |
Contact:
|
Media | |
| Linda Hohn | ||
| Associate General Counsel | ||
| (610) 660-6862 | ||
| lhohn@global-indemnity.com |
GLOBAL INDEMNITY PLC ANNOUNCES THE APPOINTMENT OF
RONALD F. GORMAN AS PRESIDENT OF DIAMOND STATE GROUP
DUBLIN, Ireland, April 12, 2011—Global Indemnity plc (Nasdaq: GBLI) (“Global Indemnity”) announced
today the appointment of Ronald F. Gorman as President of Diamond State Group, effective April 11,
2011. Mr. Gorman joined Global Indemnity in March of 2010, serving as Senior Vice President of
Underwriting for Diamond State Group. Included among his various responsibilities was the
management of the operations of affiliates Collectibles Insurance Services, LLC and J.H. Ferguson &
Associates, LLC.
“I am very excited about having Ron assume the role of President, Diamond State Group. Ron brings
an extensive background in managing underwriting businesses in the United States’ commercial
insurance market,” said Larry Frakes. Mr. Frakes added, “Ron’s excellent management and
underwriting skills, effective communication style and good business acumen, will no doubt enable
us to effectively move Diamond State Group’s strategy forward”. Diamond State Group was formed in
2007 and is devoted to distributing its specialty property, casualty and professional lines
products through excess and surplus lines brokers and specialty producers.
Prior to joining Global Indemnity, Mr. Gorman served as President of the Mid-Atlantic Region of
Harleysville Insurance Group. Mr. Gorman began his career in 1980 at CIGNA Corporation, where he
was ultimately appointed Regional Marketing Vice President for Small Business. In 1994 he joined
Zurich North America serving in several positions until being appointed as Senior Vice President
Field Operations for Zurich’s Small Business Unit. He received his Bachelors Degree in Business
Administration from Otterbein College.
About Global Indemnity plc and its subsidiaries
Global Indemnity plc (NASDAQ:GBLI), through its several direct and indirect wholly owned subsidiary
insurance and reinsurance companies, provides both admitted and nonadmitted specialty property and
casualty insurance coverages in the United States, as well as reinsurance throughout the world.
Global Indemnity plc’s two primary divisions are:
| • | United States Based Insurance Operations | ||
| • | Ireland & Bermuda Based Reinsurance Operations |
For more information, visit the Global Indemnity plc website at http://www.globalindemnity.ie.
Forward-Looking Information
Forward-looking statements contained in this press release are made under “safe harbor” provisions
of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and
uncertainties. The types of risks and
uncertainties which may affect the Company are set forth in its periodic reports filed with the
Securities and Exchange Commission.