View this article online: https://www.insurancejournal.com/news/midwest/2021/07/21/623692.htm
Westfield, a Westfield Center, Ohio-based super-regional property/casualty insurance company with a 173-year history, is entering the specialty insurance business with the launch of Westfield Specialty.
Westfield appointed insurance veteran Jack Kuhn president of the new business.
Current market conditions coupled with Westfield’s financial strength, AM Best “A” rating and well-established brand drove the decision to enter this market. This endeavor will create additional opportunities to profitably grow new customers and strengthen relationships with existing customers. It will also enhance the financial diversification of Westfield’s property/casualty portfolio, the company said.
Throughout his career, Kuhn has successfully built and scaled insurance businesses multiple times. He has been responsible for U.S. and global insurance portfolios of more than $6 billion in premiums across the various executive leadership roles he’s held within the insurance industry.
Westfield was founded in 1848.