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Crump Appoints President of Its P&C Programs Division

Source: Crump Group

Posted on 02 Jul 2009

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Crump Group, Inc., the nation's largest insurance wholesaler, announced on Wednesday that it has appointed Lee Lloyd as president of its programs unit within the company's property & casualty division. Mr. Lloyd comes to Crump from United Educators Insurance where he held senior leadership roles over the past ten years, most recently serving as vice president of Underwriting and Chief Actuary.

"Lee has an extensive background in insurance programs, underwriting and actuarial analysis. He has led initiatives to strategically manage portfolio risk profiles, turning various segments from loss leaders to profitability. We look forward to the value he brings to our programs organization in terms of future growth and efficiency," said John Jennings, president of Crump Property & Casualty Insurance Services.

Mr. Lloyd previously served in various roles with Zurich and Travelers. He holds a B.A. in actuarial science from New York University - Leonard N. Stern School of Business and is a Fellow of the Casualty Actuarial Society.

About Crump Group

Crump Group is made up of three operating divisions: Ascensus Retirement Services, Life Insurance Services, and Commercial Insurance Services. With over 400 million in revenue and 3,000 employees, Crump is a leader in all of the markets it serves.