JRVR - James River Announces Director Appointment | Benzinga
PEMBROKE, Bermuda, July 09, 2024 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ:JRVR) today announced that Christine LaSala has been appointed to its Board of Directors (the "Board") as an independent, non-executive member, effective immediately. With the appointment of Ms. LaSala, the Board has increased its size from seven to eight directors. Ms. LaSala was appointed to the Compensation and Human Capital Committee and the Nominating and Corporate Governance Committee.
"I am thrilled to welcome Christine to our Board," said Frank D'Orazio, the Company's Chief Executive Officer. "She has deep knowledge of the specialty property and casualty insurance industry and extremely valuable corporate governance expertise." Chairman Ollie L. Sherman, Jr., added, "We are fortunate to be adding an independent director with Christine's wealth of experience to the Board as we continue to carefully evaluate opportunities as part of our strategic review."
Ms. LaSala has over 45 years of management, client leadership and financial experience in the insurance industry in underwriting and insurance broking roles. She currently serves as a director of Sedgwick, a leading provider of claims management, loss adjusting and technology-enabled risk, benefit and business solutions. She served as a director of Beazley plc for eight years, including in a variety of board leadership roles such as Interim Chair, prior to stepping down in April 2024. Ms. LaSala retired as Chair of Willis Towers Watson North America in 2016. Prior to joining Willis in early 2014, she served for 10 years as the President and CEO of the WTC Captive Insurance Company, a U.S. government-funded, not-for-profit corporation providing liability insurance to the City of New York and over 100 private contractors. Prior to her service to the WTC Captive Insurance Company, Ms. LaSala had a long and successful career at Johnson & Higgins, where she was the firm's only woman partner and, among other roles, served as President of Johnson & Higgins New York, providing broking advice and consultation to many of the firm's largest clients.
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