David Miller Appointed Chief Executive Officer of J.G. Wentworth
BRYN MAWR, Pa.--(BUSINESS WIRE)--David Miller has been named chief executive officer of J.G. Wentworth effective January 5, 2009, according to Randi Sellari, president and chief operating officer of the company.
“We are delighted to have an executive of David’s caliber join our company,” said Ms. Sellari. “His significant prior experience in insurance, finance and marketing makes him an ideal leader for J.G. Wentworth.”
Most recently, Mr. Miller operated his own insurance consulting business. Previously, he was executive vice president for the international accident and health insurance businesses for ACE Ltd. (NYSE: ACE). Mr. Miller also served as chief executive officer of Kemper Auto and Home Insurance, which sells auto and homeowner’s insurance direct to consumers via direct response and Internet marketing. Prior to Kemper, Mr. Miller was chief operating officer of Providian Direct Insurance.
“Going forward, our goal is to build on and leverage J.G. Wentworth’s unique niche and track record of success in the structured settlement and insurance industries,” Mr. Miller said. “Our mission is to capitalize on new opportunities and deliver value for our customers and investors.”
Mr. Miller is a graduate of Duke University and The Wharton School of the University of Pennsylvania. He succeeds Michael B. Goodman as chief executive officer, who remains a member of the company’s Board of Directors.
About the J.G. Wentworth family of companies
J.G. Wentworth, Inc., based in Bryn Mawr, PA, is the nation’s oldest, largest and most respected buyer of deferred payments for illiquid financial assets like structured settlements, annuities and, through its dedicated subsidiary, life insurance policies. Since 1992, J.G. Wentworth has purchased over $3 billion of future payment obligations from consumers. For more information about J.G. Wentworth, visit www.jgwentworth.com.
