Global Indemnity Group, Llc Appoints James R. Holt as Board of Director, Member of the Audit Committee, the Nomination, Compensation & Governance Committee, the Enterprise Risk Management Committee, and the Technology Committee
February 15, 2022 at 05:11 pm
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Global Indemnity Group, LLC announced Effective February 9, 2022, James R. Holt, Jr. joined the Board of Directors of Global Indemnity Group, LLC (GBLI) pursuant to the Class B Majority Shareholder's rights under GBLI's Second Amended and Restated Limited Liability Company Agreement. Mr. Holt will serve as a member of the Audit Committee, the Nomination, Compensation & Governance Committee, the Enterprise Risk Management Committee, and the Technology Committee.
Global Indemnity Group, LLC provides both admitted and non-admitted specialty property and specialty casualty insurance coverages and individual policyholder coverages in the United States, and reinsurance worldwide. Its segments include Penn-America and Non-Core Operations. The Penn-America segment includes all core products which include Wholesale Commercial, Programs, Assumed Reinsurance, and the InsurTech products. The Penn-America segment distributes specialty property and casualty insurance products in the excess and surplus lines marketplace. InsurTech products are Collectibles, VacantExpress and smaller products which are distributed via the Internet. The Non-Core Operations segment represents lines of business that have been de-emphasized or are no longer being written. Non-Core Operations includes manufactured and dwelling home business, farm, ranch and equine business, specialty personal lines products, such as motorcycle, watercraft, and certain homeowners and others.
Global Indemnity Group, Llc Appoints James R. Holt as Board of Director, Member of the Audit Committee, the Nomination, Compensation & Governance Committee, the Enterprise Risk Management Committee, and the Technology Committee