Global Indemnity plc Announces the Appointment of Ronald F. Gorman as President of Diamond State GroupBy Global Indemnity Plc, PRNE
Monday, April 11, 2011
DUBLIN, April 12, 2011 - Global Indemnity plc (Nasdaq: GBLI) ("Global Indemnity") announced today
the appointment of Ronald F. Gorman as President of Diamond State Group,
effective April 11, 2011. Mr. Gorman joined Global Indemnity in March of
2010, serving as Senior Vice President of Underwriting for Diamond State
Group. Included among his various responsibilities was the management of the
operations of affiliates Collectibles Insurance Services, LLC and J.H.
Ferguson & Associates, LLC.
(Logo: photos.prnewswire.com/prnh/20100803/LT45156LOGO )
"I am very excited about having Ron assume the role of President, Diamond
State Group. Ron brings an extensive background in managing underwriting
businesses in the United States' commercial insurance market," said Larry
Frakes. Mr. Frakes added, "Ron's excellent management and underwriting
skills, effective communication style and good business acumen, will no doubt
enable us to effectively move Diamond State Group's strategy forward".
Diamond State Group was formed in 2007 and is devoted to distributing its
specialty property, casualty and professional lines products through excess
and surplus lines brokers and specialty producers.
Prior to joining Global Indemnity, Mr. Gorman served as President of the
Mid-Atlantic Region of Harleysville Insurance Group. Mr. Gorman began his
career in 1980 at CIGNA Corporation, where he was ultimately appointed
Regional Marketing Vice President for Small Business. In 1994 he joined
Zurich North America serving in several positions until being appointed as
Senior Vice President Field Operations for Zurich's Small Business Unit. He
received his Bachelors Degree in Business Administration from Otterbein
About Global Indemnity plc and its subsidiaries
Global Indemnity plc (NASDAQ:GBLI), through its several direct and
indirect wholly owned subsidiary insurance and reinsurance companies,
provides both admitted and nonadmitted specialty property and casualty
insurance coverages in the United States, as well as reinsurance throughout
the world. Global Indemnity plc's two primary divisions are:
- United States Based Insurance Operations - Ireland & Bermuda Based Reinsurance Operations
For more information, visit the Global Indemnity plc website at
Forward-looking statements contained in this press release are made under
"safe harbor" provisions of the Private Securities Litigation Reform Act of
1995 and involve a number of risks and uncertainties. The types of risks and
uncertainties which may affect the Company are set forth in its periodic
reports filed with the Securities and Exchange Commission.
Contact: Media Linda Hohn Associate General Counsel +1-610-660-6862 firstname.lastname@example.org
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