David J. Bresnahan is succeeding Peter Eastwood as President of Lexington Insurance Company. Mr. Eastwood will be President and CEO of Chartis’ United States and Canada Region.
"It is with great pride that I take the helm at Lexington Insurance Company, an organization of exceptional professionals well positioned to meet the insurance and risk management needs of our clients," said Mr. Bresnahan in a written statement. "With more than four decades of experience, proven financial strength, global reach, and an extensive array of specialty products and services, Lexington is the leading U.S.-based surplus lines insurer."
Mr. Bresnahan went on to say that innovation, responsiveness, and expertise are the hallmarks of Lexington. "Our organization is honored to have been named Best Surplus Lines Insurer by the readers of Business Insurance for six years running. It is now my privilege and my promise to build on this tradition of excellence in the years to come."
Mr. Bresnahan previously was executive vp of the casualty, health care and program divisions of the Boston-based surplus lines insurer. He joined Lexington in 1999 as errors and omissions product line manager and in 2002 was named vp for the insurer’s professional lines and construction business.