20-May-2015

Paul W. Springman to Chair Board of Pioneer Underwriting Holdings Inc. as United States growth strat

Pioneer Underwriters is pleased to announce that Paul W. Springman will take up the role of Non-Executive Chairman of the board of Pioneer Underwriting Holdings Inc., the US based holding company overseeing Pioneer’s expanding underwriting operations in the United States. The appointment is effective immediately. The role will include chairing the Pioneer Underwriting Holdings Inc. Board and committee meetings for all Pioneer’s US entities.

Mr. Springman brings extensive independent commercial and underwriting expertise to the board of Pioneer Underwriting Holdings Inc., following an impressive career in which he held senior US and international underwriting roles. Most significantly, prior to his retirement in 2010, Mr. Springman was President and Chief Operating Officer of Markel Corporation, following a 25 year career with the carrier. Mr. Springman started his insurance career with Continental Insurance Company and Berkshire Hathaway.

Darren Doherty, Chief Executive Officer, Pioneer Underwriters said;

“Pioneer has grown its US presence over the past 12 months and now operates via four trading hubs based in New York, Chicago, Los Angeles and Atlanta with licenses to operate in all 50 states including D.C. Given Pioneer’s long-term growth plans into the US domestic surplus lines and admitted markets, Paul Springman will incorporate his significant experience, market knowledge and leadership to oversee this strategic expansion, playing a key role in further enriching our business culture. I’m very much looking forward to working with Paul and welcome him to Pioneer.”

Paul Springman, Non-Executive Chairman, Pioneer Underwriting Holdings Inc. commented,

“I’m excited to be joining Pioneer as it continues to mature into an increasingly significant player in the international insurance market. Brand recognition of Pioneer Underwriters in the US domestic P&C market is strengthening and the quality of the management team and underwriting skill evident in the business gives me great confidence in the ongoing growth of Pioneer’s US proposition.”
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