Farmers CEO Streamlines Senior Management
"These changes in our leadership team align the team around our core businesses, improve decision making speed and streamline our operations and other functions for the benefit of our customers and other key stakeholders," Dailey said in a statement.
Samalya now oversees Farmers' personal lines business, including the integration of the 21st
DeSantis will lead the product development, pricing and underwriting functions of Farmers personal lines. He had served Farmers as president of 21st Century, but will no longer oversee the company as that duty is being shifted under Samalya.
Boshoven, who is currently listed in BestLink as president and COO of
Travers, who had served as head of service operations, is moving into his newly created position, which gives him oversight of all operational areas, including information technology. Farmers' Chief Information Officer,
Aldredge, who had served as Farmers' chief people officer, will oversee human resources, the
Changes at Farmers have not been limited recently to leadership roles. The company said it will be pulling out Farmers'-branded homeowners and auto insurance out of
Most Farmers companies currently have a Best's Financial Strength Rating of A (Excellent), as do 21st Century companies and
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|Source:||A.M. Best Company, Inc.|