Global Indemnity Group, LLC Names Reiner R. Mauer Chief Operations Officer of Global Indemnity’s Insurance Businesses
May 17 2021 - 9:00AM
Global Indemnity Group, LLC (NASDAQ:GBLI) (the “Company”), parent
company of specialty property and casualty insurance providers
Penn-America Group®, United National Group®, Diamond State Group®,
American Reliable Insurance Company®, and Collectibles Insurance
Services™ today announced the appointment of Reiner R. Mauer as the
chief operations officer of Global Indemnity’s insurance businesses
and the Company’s principal operating officer.
Mr. Mauer is a 29-year veteran property &
casualty insurance industry senior executive, with expertise in
commercial and personal lines insurance, specialty insurance and
operations. Prior to joining Global Indemnity, Mr. Mauer served for
sixteen years at Berkshire Hathaway’s (NYSE: BRK) United States
Liability Insurance Company (USLI), most recently as President of
the Property/Casualty Division. Prior to USLI, Mr. Mauer served as
Senior Vice President of Business Operations and as a member of the
senior management team at Talk America Holdings, Inc.
Previously, he was with Old Guard Insurance Group for 13 years and
during that time served as Executive Vice President for Personal
Lines. Mr. Mauer earned a Bachelor of Arts degree from Widener
University. He also earned a Juris Doctor degree from Widener
University School of Law and is a member of the Pennsylvania Bar.
Mr. Mauer holds the Chartered Property Casualty Underwriter (CPCU),
Associate in Surplus Line Insurance and Associate in Claims
designations.
David Charlton, chief executive of Global
Indemnity’s insurance businesses and the Company’s principal
executive officer, stated: “Reiner’s extensive background in
commercial, personal lines and specialty products along with his
experience in driving technology efficiencies and innovation across
multiple platforms and divisions makes him an ideal fit for this
role. I am confident Reiner will make a significant contribution to
Global Indemnity’s drive for profitable and sustainable growth in
the years to come.” Saul Fox, the Company’s chairman, added: “We
are thrilled that Reiner Mauer will be Global Indemnity’s COO
reporting directly to David Charlton, Global Indemnity’s CEO. Again
and again over his storied career, Reiner Mauer carefully grew and
skillfully managed decidedly successful specialty insurance
companies.”
About Global Indemnity Group, LLC and
its subsidiaries
Global Indemnity Group, LLC (NASDAQ: GBLI),
through its several direct and indirect wholly owned subsidiary
insurance companies, provides both admitted and non-admitted
specialty property and specialty casualty insurance coverages and
individual policyholder coverages in the United States, as well as
reinsurance worldwide. Global Indemnity Group, LLC’s four primary
segments are:
- Commercial Specialty
- Specialty Property
- Farm, Ranch, & Stable
- Reinsurance Operations
Forward-Looking Information
The forward-looking statements contained in this
press release1 do not address a number of risks and uncertainties
including, COVID-19. Investors are cautioned that Global
Indemnity’s actual results may be materially different from the
estimates expressed in, or implied, or projected by, the forward
looking statements. These statements are based on estimates and
information available to us at the time of this press release. All
forward-looking statements in this press release are based on
information available to Global Indemnity as of the date hereof.
Please see Global Indemnity’s filings with the Securities and
Exchange Commission for a discussion of risks and uncertainties
which could impact the company and for a more detailed explication
regarding forward-looking statements. Global Indemnity does not
assume any obligation to update the forward-looking statements
provided to reflect events that occur or circumstances that exist
after the date on which they were made.
[1] Disseminated pursuant to the "safe harbor"
provisions of Section 21E of the Security Exchange Act of 1934.
Contact: |
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Media |
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Stephen W. Ries |
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Head of Investor Relations |
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(610) 668-3270 |
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sries@global-indemnity.com |
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