Theodore A. Majewski has been named president and chief operating
officer of Harleysville Life Insurance Company. In this new expanded
role, Majewski also will continue in his leadership of Harleysville
Insurance’s personal lines operations, a role
he has held since 2003.
“I am confident Ted’s
appointment will enable us to further leverage our life business as a
key strategic differentiator for us in the marketplace,”
said Michael L. Browne, Harleysville’s
president and chief executive officer. “Since
joining our company five years ago, Ted has led a remarkable turnaround
in our personal lines operations, to the point that we now have reported
an underwriting profit for 12 straight quarters, and personal lines
premium has shown positive growth during the past four quarters. Ted
also has focused significant attention on our agency relationships, and I’m
confident that emphasis will serve to further strengthen the solid
foundation that already exists with our life agency partners.”
Prior to joining Harleysville, Majewski was senior vice president and
chief underwriting officer for CNA/Encompass Insurance Company, part of
the Allstate organization. He started with CNA in 1995, serving as
senior vice president and later as chief underwriting officer. During
his insurance career, he also has held leadership positions with Hanover
Insurance, SAFECO Insurance and National Farmers Union Property and
Casualty Company. Ted began his insurance career at A.M. Best Company.
Harleysville Insurance is a leading regional provider of insurance
products and services for small and mid-sized businesses, as well as for
individuals, and ranks among the top 60 U.S. property/casualty insurance
groups based on net written premiums. Harleysville was listed recently
as #23 in the InformationWeek 500, the publication’s
annual listing of the most innovative information technology
organizations in the U.S., and was the highest-ranked property and
casualty insurer on the 2007 list. Harleysville Mutual Insurance
Company, the parent company of Harleysville Life Insurance Company, also
owns 52 percent of Harleysville Group Inc. (NASDAQ:HGIC), a publicly
traded holding company for nine regional property/casualty insurance
companies collectively rated A- (Excellent) by A.M. Best Company.
Harleysville Group is listed on the NASDAQ Global Select Market, which
is comprised of the top third of all NASDAQ member companies and has the
highest initial listing standards of any exchange in the world based on
financial and liquidity requirements. Harleysville Insurance—which
distributes its products exclusively through independent insurance
agencies and reflects that commitment to its agency force by being a
Trusted Choice® company
partner—currently operates in 32 eastern and
midwestern states. Further information can be found on the company’s
Web site at www.harleysvillegroup.com.
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