United Fire Group Inc. President and Chief Executive Officer Randy Ramlo announced he will retire from the company in 2022.
Ramlo joined UFG in 1984 as an underwriter. Since then, he has held a variety of leadership roles, including vice president of fidelity and surety and chief operating officer, taking the helm as CEO in May 2007.
“It has been an honor to serve as CEO, and I am proud of the growth and success of the company during my tenure,” Ramlo said. “After 15 years as CEO, the time is right to retire. I am looking forward to helping a new leader continue moving our business—and our culture—into the future.”
Ramlo will continue in his current role until a successor is named and intends to remain in a consulting role to the company during the transition process following the appointment of a new CEO. His anticipated retirement date is Oct. 31, 2022, pending the successful completion of an executive search process for his successor.
InsurTech Sayata expanded its senior management team with two new hires.
Maayan Sanderovitz Eshed, VP of Operations, will manage all company operations including HR, legal and financial functions, working out of the Tel Aviv office. Eshed previously served as the Innovation Team project manager at Orbia, a consortium of companies dedicated to sustaining and improving life on Earth.
Upasana Unni will oversee carrier relationships as chief commercial officer operating out of Boston. Unni spent the last decade with McKinsey & Company as an associate partner in the Boston office.
Specialist insurer Beazley announced that after almost 16 years at the company and nearly 40 years in the insurance market, James Eaton, head of Specialty Lines, will retire at the end of the year. He will remain in charge throughout 2022 and Beazley will announce its succession plan later this year.
Eaton joined Beazley in 2006 as a program and treaty underwriter in Specialty Lines, having previously been a broker. He then led the Private Enterprise team for seven years before heading up the Specialty Lines division in 2018 when he also joined the executive committee.
“James has played a pivotal role at Beazley having overseen one of the founding divisions of the business, helping our Specialty Lines group grow into the successful business it is today. We wish him a long and enjoyable retirement and thank him for the dedication and service he has given Beazley since 2006,” said Adrian Cox, CEO, Beazley.