The National Association of Mutual Insurance Companies promoted one of its veteran executives to become its next president and chief executive officer. Neil Alldredge takes on the top spot as of July 1.

Neil Alldredge

Alldredge has been with NAMIC since 1999, serving most recently as senior vice president of corporate affairs, where he led the membership recruitment and retention, public affairs, compliance, events and education, and marketing and technology areas.

Alldredge succeeds Charles Chamness, who has led the organization as CEO since 2003. Chamness’ original retirement had been planned for 2020 but NAMIC said the pandemic delayed his departure by one year.

In a statement, NAMIC board chair and CEO of Merchants Mutual Bob Zak called Alldredge “the absolute right choice at the right time to lead the association into the future.

“With his extensive knowledge of the organization, deep advocacy experience, and strong relationship with its membership, there is great confidence in his prospective leadership of NAMIC as its president and CEO,” Zak said.

Before taking over Corporate Affairs in 2017, Alldredge led NAMIC’s state legislative, regulatory, and international advocacy efforts for 17 years. In that role, Alldredge regularly testified in legislatures around the country and represented NAMIC members at the National Association of the Insurance Commissioners, the National Conference of Insurance Legislators, and the International Association of Insurance Supervisors.

He also has served on the board of directors of the Advocates for Highway Safety and as board chair of the NCOIL’s Industry Education Council. He is currently the executive director of the NAMIC Mutual Insurance Foundation.

Alldredge thanked Chamness for being “both a friend and mentor” to him and said he hoped to build on the success Chamness has achieved.

“My vision is to play to our strength, innovate, and serve the interests of the mutual property/casualty insurance industry. I truly can’t wait to get started,” Alldredge said.

Source: NAMIC

*A version of this story ran previously in our sister publication Insurance Journal.