Central Insurance appoints Salam to Board of Directors

VAN WERT – Central Insurance coverage has introduced the appointment of Romel Salam to its Board of Administrators efficient Feb. 22.

Salam
has over 30 years of actuarial and threat administration expertise within the
insurance coverage and reinsurance trade. In his present place as Principal
at RubiQon Danger & Insurance coverage Companies, Salam is concentrated on
implementing a partnership method to threat administration and making a
means the place prospects will profit from each superior know-how and
complete threat administration options inside cyber insurance coverage.

Salam’s
earlier expertise within the trade contains chief threat officer of
Validus Holdings, a number one world supplier of insurance coverage, reinsurance
and asset administration providers. On this function he was accountable for the
design and implementation of the group’s Enterprise Danger Administration
technique together with the administration of the group’s expansive disaster
portfolio. He additionally spent three years because the chief threat officer and chief
actuary for Validus Reinsurance in Bermuda. Previous to becoming a member of Validus Re
in 2010, he was a senior vp at Transatlantic Reinsurance in
New York the place he spent 20 years in positions of accelerating
accountability spanning the pricing, reserving and enterprise intelligence
capabilities.

Salam holds a B.S. in arithmetic from Brooklyn
School, CUNY. He’s a fellow of the Casualty Actuarial Society and a
member of the American Academy of Actuaries.

The Central Mutual
Insurance coverage Firm was based in Van Wert, Ohio in 1876 and has advanced
into the Central Insurance coverage Firms, a profitable property and casualty
group offering insurance coverage for greater than 350,000 cars, properties, and
companies in 24 states. Central is predicated in Van Wert and operates
regional workplaces in Boston, Atlanta, Dallas, and Van Wert. The Central
group of firms has mixed property of over $1.7 billion. Central’s
A.M. Finest ranking is A (Wonderful).

— to timesbulletin.com

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