Crump’s Property & Casualty Insurance Division Announces Management Changes

ROSELAND, N.J.--(BUSINESS WIRE)-- Crump Group Inc.’s Property & Casualty Insurance division announces several key management changes, reports Crump Group Inc.’s president and CEO, John Howard. Dave Obenauer, currently chief financial officer of Crump Group, Inc., will assume the role of president of Crump’s Property & Casualty Insurance division, effective immediately. He will be responsible for the growth and development of the Property & Casualty business. Mr. Obenauer will continue to oversee the financial operations of Crump Group, Inc. pending the selection of a successor to fill the CFO role.

John Jennings will move into the newly-created position of vice chairman, business development for the Property & Casualty Insurance division, responsible for national retailer relationships, carrier relations and producer recruiting, as well as leading Crump’s New York property and casualty operations. Mr. Jennings brings more than 20 years of industry expertise and relationships to this important new role.

Joining Crump’s Property & Casualty Insurance division as executive vice president and chief sales officer is Phil Eisenmann, who will be transitioning from Crump’s Life Insurance Services division where he serves as executive vice president. Mr. Eisenmann brings many years of experience in sales management and will work closely with the office heads, program leaders and operational teams. His responsibilities within the Life Insurance division will be transitioned over the next few months as the company evaluates internal and external candidates.

Commenting on these changes Mr. Howard noted, “I am pleased that we are able to enhance the management team of our Property & Casualty division and the board and I are looking forward to this next phase of the division’s development.”

Said Mr. Obenauer, “John and Phil provide significant expertise in their respective areas of responsibility and I look forward to working with them, as well as the broader Property & Casualty management team, as we execute on our business plans.”

About Crump Group, Inc.

Crump Group, Inc. (www.crump.com) is the largest wholesale insurance distributor in the United States, and through its Ascensus division (www.ascensus.com) is the largest independent U. S. provider of recordkeeping and support services to company-sponsored retirement plans in the micro to large segments of the market. Its Property & Casualty Insurance Services division (www.crumpins.com; www.5StarSP.com) is among the largest U. S. providers of wholesale brokerage and specialty programs to the commercial property and casualty insurance industry. Crump Life Insurance Services (www.crumplifeinsurance.com) is among the largest wholesale distributors of services that support the sale of life-related insurance and annuity products.

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Crump Group Inc.
Sherri Lindenberg, 973-461-2153
Marketing Communications
www.Crump.com

Source: Crump Group Inc.