PEMBROKE, Bermuda, Oct. 25, 2022 (GLOBE NEWSWIRE) — James River Group Holdings, Ltd. (the “Company”) (NASDAQ: JRVR) right now introduced that Peter B. Migliorato was elected to its Board of Directors (the “Board”) on the Annual General Meeting of Shareholders held right now. In addition, Ollie Sherman, Kirstin Gould, and Michael Oakes have been every re-elected to the Board. With the election of Mr. Migliorato and re-election of Mr. Sherman, Ms. Gould and Mr. Oakes, the Board at present consists of eight administrators and has one observer.
“We are very pleased to welcome Peter to our Board,” mentioned J. Adam Abram, James River Non-Executive Chairman. “Peter brings a wide range of valuable expertise to the Board, including in innovation, strategy and information technology, with significant knowledge of the insurance industry. We are pleased to continue to attract independent directors with strong industry experience and diverse skill sets. I would also like to thank Jerry Masters, Janet Cowell and Sundar Srinivasan, each of whom retired from the Board this year, for their long-standing service on the Board and valuable contributions to the Company.”
Mr. Migliorato is a retired accomplice of Deloitte Consulting (“Deloitte”), the place he most just lately served as Lead Client Service Partner to insurance shoppers. Mr. Migliorato joined Deloitte in 2001 and served in numerous management roles that included North American Insurance Consulting follow chief with Deloitte within the property & casualty, life & retirement, and worker advantages sectors. Before becoming a member of Deloitte, Mr. Migliorato labored in senior roles at a number of consulting and knowledge sciences corporations from 1985 to 2001. Mr. Migliorato at present serves as an advisory board member to Machine Cover, Inc., an insurance expertise firm, and beforehand served on the board of administrators of State Automobile Mutual Insurance Company and as an advisory board member to Safekeep, Inc. previous to the acquisition of these firms. Mr. Migliorato was appointed to the Audit Committee of the Board.
About James River Group Holdings, Ltd.
James River Group Holdings, Ltd. is a Bermuda-based insurance holding firm which owns and operates a bunch of specialty insurance and reinsurance firms. The Company operates in three specialty property-casualty insurance and reinsurance segments: Excess and Surplus Lines, Specialty Admitted Insurance and Casualty Reinsurance. Each of the Company’s regulated insurance subsidiaries are rated “A-” (Excellent) by A.M. Best Company.
Visit James River Group Holdings, Ltd. on the net at www.jrvrgroup.com.
For extra info contact:
Brett Shirreffs
SVP, Finance, Investments and Investor Relations
(919) 980-0524
[email protected]
