The Republic Group Announces Hiring of New Senior Vice President/Chief Underwriting Officer

DALLAS, July 20, 2012 /PRNewswire/ -- The Republic Group today announced that the Boards of Directors of its various insurance entities have named Thomas M. Greenfield to serve as the companies' Senior Vice President and Chief Underwriting Officer.

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Greenfield, 51, has served since 2007 as Senior Vice President – Field Operations of the insurance companies of QBE Regional Insurance, a property and casualty insurer distributing its insurance products through independent agents.  Prior to his experience at QBE, Greenfield worked at Republic Insurance Company before becoming Vice President of its later subdivided, independent operations at Blue Ridge Insurance Company, which was thereafter integrated into General Casualty Insurance Company.

Greenfield began his 29-year career as an underwriter at Aetna Life & Casualty and subsequently assumed a range of management and operational responsibilities at the above companies covering commercial and personal lines underwriting, pricing, business development and reinsurance placement.  He obtained a bachelor's degree in science and finance from Boston College and a master's degree in business administration from Babson College and holds designations in CPCU, CFC and CLU. 

Joe Mattingly, the President and CEO of Republic, said "Our companies' Chief Underwriting Officer role has been enhanced to include all of our regional independent agency underwriting and reinsurance operations.  Tom's unique regional company experience, education and successful performance in this segment of the industry make him an excellent choice to assume this enhanced CUO role to achieve Republic's underwriting profitability goals as it continues to expand upon the accomplishments it has realized over the last several years." 

Greenfield, who assumed his new duties on July 17th, said "I am enthusiastic about leading the underwriting of Republic, with its long-distinguished history, strong management team, committed employees and loyal independent agents.  I plan to build on Republic's strategy of improving profitability through strengthening of pricing and underwriting discipline while developing new strategies to enable our agents to provide their customers the best possible solutions while achieving sustained profitability."   

About Republic

Republic Companies, Inc. provides personal and commercial property and casualty insurance products through a group of insurance companies and related entities designated in the industry as "The Republic Group".  In its Independent Agents segments, Republic distributes these products to individuals and small to medium-size businesses through a network of independent agents primarily in Texas, Louisiana, Oklahoma, New Mexico, Mississippi and Arkansas.  In its Program Management and Insurance Services segments, Republic capitalizes on its unique combination of charters and licenses to develop and manage target-niche insurance products that are distributed through managing general agents and other producers in many additional states.  Visit www.RepublicGroup.com for more information.

SOURCE Republic Companies, Inc.