Horace Mann Appoints SVP and Chief Corporate Actuary Mark Desrochers As Head of Property and Casualty
02 April 2020 - 7:15AM
Business Wire
Horace Mann Educators Corporation (NYSE:HMN) today announced
that Senior Vice President and Chief Corporate Actuary Mark
Desrochers has been appointed head of the company’s Property and
Casualty business on an acting basis. William Caldwell has resigned
from his role as Executive Vice President, P&C and L&R,
effective April 10, 2020 to pursue other interests.
“We wish Bill the best with his future endeavors, and appreciate
his leadership over the past six years as we restored profitability
to our Auto business and successfully implemented the Guidewire
platform,” said Marita Zuraitis, President and Chief Executive
Officer. “I am confident Mark’s strong leadership capabilities and
extensive personal lines experience will ensure we continue to
build on that strong foundation. Mark has been instrumental in
Auto’s return to profitability, and in addition, I have worked with
him for nearly two decades. Mike Weckenbrock, currently SVP for
Life and Retirement, will continue in that role. Both Mark and Mike
will report directly to me.”
Desrochers has over 30 years of experience in the property and
casualty insurance industry, primarily in personal lines. His prior
experience includes pricing, catastrophe model consulting, product
development and product management. He joined Horace Mann five
years ago as Chief Corporate Actuary, and most recently was an
integral member of the Corporate Development and Strategy team,
working on the company’s recent acquisitions. Prior to joining
Horace Mann, Desrochers held the position of president for the
Personal Lines business unit of The Hanover Insurance Group from
2008 to 2014 after joining the company in 2006. He is a Fellow of
the Casualty Actuarial Society, a Member of the American Actuarial
Association, and a graduate of the University of New Hampshire with
a BS in Applied Mathematics and Computer Science.
About Horace Mann
Horace Mann is the largest financial services company focused on
providing America's educators and school employees with insurance
and retirement solutions. Founded by Educators for Educators® in
1945, the company is headquartered in Springfield, Ill. For more
information, visit horacemann.com.
Safe Harbor Statement
Statements included in this news release that are not historical
in nature are forward-looking within the meaning of the Private
Securities Litigation Reform Act of 1995 and are subject to certain
risks and uncertainties. Horace Mann is not under any obligation to
(and expressly disclaims any such obligation to) update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise. Please refer to the
company's Annual Report on Form 10-K for the year ended December
31, 2019 and the company's past and future filings and reports
filed with the Securities and Exchange Commission for information
concerning the important factors that could cause actual results to
differ materially from those in forward-looking statements.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200401005676/en/
Heather J. Wietzel Vice President, Investor Relations
217-788-5144 investorrelations@horacemann.com
Horace Mann Educators (NYSE:HMN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Horace Mann Educators (NYSE:HMN)
Historical Stock Chart
From Jul 2023 to Jul 2024