Safety National Re has announced that Bob King will retire as Executive Vice President of Treaty Reinsurance on August 18, 2023, after 35 years in the reinsurance industry.
Kim Barnett is to take over King’s role, she will also remain as Chief Underwriting Officer of Treaty Reinsurance.
After serving in various senior positions for large industry reinsurance providers, King joined Safety National in 2012 as Vice President of Treaty Reinsurance.
In 2020, he assumed the role of Senior Vice President of Safety National Re and Department Head of the reinsurance division, then transitioned to Executive Vice President of Treaty Reinsurance in 2021.
He has been instrumental in the unit’s profitable growth and success over his time with Safety National Re, the company stated, playing a key role in the diversification of its reinsurance offerings, expanding field presence throughout the U.S., and leading long-term strategic future planning for the company.
With over three decades of industry experience, Barnett will replace King as Executive Vice President of Treaty Reinsurance. She has previously held senior positions in underwriting and actuarial pricing at various reinsurance companies.
Barnett became Chief Underwriting Officer of Treaty Reinsurance in 2021, after joining Safety National in 2018. To date, she has made a tremendous impact in providing overall leadership and management of reinsurance underwriting as well as the strategic direction of Safety National Re’s operations, the company stated.
John Csik, President of Safety National, commented: “On behalf of the company, I would like to express deep gratitude to Bob King for his leadership and strategic contributions that have helped to make Safety National Re the market leader that it is today.
“Bob is well known and respected in the reinsurance industry. His expertise and demeanour have made him an outstanding leader. I am extremely optimistic about our future outlook with Kim Barnett leading the reinsurance division.
“We remain heavily committed to treaty reinsurance, continually focused on our unwavering ability to provide long-term reinsurance solutions with that trademark relationship-focused, solution-oriented approach our valued partners have come to appreciate from Safety National Re.”
