Conifer Holdings, Inc. Announces Changes to its Board
August 25, 2020 at 09:30 pm
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Conifer Holdings, Inc. announced the appointment of Timothy M. Lamothe to its Board of Directors, where he will initially serve on the company’s Nominating and Corporate Governance Committee. Conifer’s Board of Directors remains at nine members, as the addition of Lamothe closely follows the amicable departure of Jorge Morales earlier this month. Lamothe has more than 38 years’ experience in the reinsurance industry, with particular expertise in the development and implementation of marketing programs throughout the United States. Most recently, he served as Senior Vice President for Swiss Reinsurance, where he was responsible for direct marketing to over 25 states. Lamothe’s career also includes senior level marketing positions at PXRE Reinsurance Company, General Re/National Reinsurance Corporation, AIG, and Liberty Mutual Insurance Company. Conifer’s Board of Directors also confirmed two committee appointments following its last meeting: Isolde G. O’Hanlon will join Conifer’s Compensation Committee, and R. Jamison Williams, Jr. will be the third independent Director on the Board’s Audit Committee.
Conifer Holdings, Inc. is a specialty insurance holding company engaged in the sale of property and casualty insurance products. It operates through three classes of insurance businesses: commercial lines, personal lines and wholesale agency business. The commercial insurance offers coverage for both commercial property and commercial liability, including commercial automobiles and workersâ compensation. The personal insurance segment offers homeowners insurance and dwelling fire insurance products to individuals in several states. Its specialty homeownersâ insurance product is primarily comprised of low-value dwelling insurance tailored for owners of lower valued homes, which offer in Illinois, Indiana and Texas. Wholesale agency business segment offers commercial and personal lines insurance products for its Insurance Company Subsidiaries as well as third-party insurers. Its subsidiaries include Red Cedar Insurance Company, White Pine Insurance Company and Conifer Insurance Services.