Gore Mutual, Canada’s oldest property and casualty insurer, has a new milestone to mark in its 181-year history. The firm announced today that president and CEO Heidi Sevcik has decided to retire from the company. On July 01, 2020, she will be succeeded in the chief executive position by Andy Taylor (pictured above), who has been with Gore Mutual for 15 years, and has held the position of chief financial officer since 2012. The insurer has also announced the appointment of Paul Jackson as chief operating officer (COO), effective March 02, 2020.
Sevcik (pictured immediately below) retires after a 26-year tenure with Gore Mutual. She held the role of president and CEO for the past six years, during which the insurer has grown premiums by over 30% and increased its surplus by 25%. She also repositioned the firm as a modern mutual by investing in broker distribution, pricing sophistication, technology and people.
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