Reinsurance News

UFG hires Swiss Re’s Stephenson as EVP & COO

5th January 2023 - Author: Jack Willard

United Fire Group has appointed Julie Stephenson, the ex-Global Head of Casualty Reinsurance at Swiss Re, as its new Executive Vice President and Chief Operating Officer.

Stephenson’s appointment is effective January 30, 2023.

In her new role, Stephenson will be responsible for the overall operational performance of UFG, which will involve her overseeing strategic efforts to drive profitable growth across the company’s various business segments.

Stephenson brings over 25 years of industry experience towards her new role. She spent just over one year in her previous role at Swiss Re.

Prior to joining Swiss Re, she worked at CNA Insurance. During her tenure at the firm, she served as Senior Vice President (SVP) and Chief Underwriting Officer (CUO), before being promoted later on to SVP, CUO, Commercial Middle Market, CNA Insurance.

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Additionally, Stephenson also previously held the role of Global Liability Manager at Chubb.

Addressing her new role, Stephenson said: “I am incredibly excited to be joining UFG, a company known for its strong core values, trusted agency partnerships and talented employees dedicated to delivering on its promises,” said Stephenson. “As COO, I look forward to working alongside my new colleagues on the leadership team to pursue our strategic objectives and drive profitable growth at UFG.”

UFG President and CEO Kevin Leidwinger, added: “Julie is an accomplished, people-centered leader who brings a wealth of operational, underwriting and portfolio management experience to our company. I’m confident that she will be a strong addition to our leadership team, as well as a great cultural fit for our company. We are thrilled to have her onboard as we continue to execute our strategic plan and position UFG for long-term success.”

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