CHICAGO--(BUSINESS WIRE)--The Board of Directors of Mutual Reinsurance Bureau (MRB) is pleased to announce the appointment of John W. Meyers III, CPCU, ARe, AU, AIS, as the company’s next president and chief executive officer. Meyers will succeed Timothy Dorr, current president and chief executive officer, upon his retirement next year from the Illinois-based joint reinsurance association. The search was conducted by the executive search and selection practice of The Jacobson Group. Margaret Resce Milkint, managing partner, led this successful engagement.
“John demonstrates the unique combination of relationship-building and underwriting skills that are invaluable to MRB’s clients,” said Susan Haack, chair of the MRB Board of Directors and the search committee. “His vision for the future of MRB is an exciting one, and we expect our current and future clients and business partners will benefit greatly. John and the MRB team will continue to build on our rich legacy and respected brand in the mutual insurance community.”
“I am delighted that John has agreed to join us and lead MRB into our second century of providing the best in security and service to our clients,” shared Dorr. “I look forward to working closely with him in the coming months as we execute a smooth and seamless transition.”
Meyers most recently served as vice president of treaty underwriting at Safety National Reinsurance. He brings more than 25 years of insurance industry underwriting experience, with recent tenures at Maiden Reinsurance and PMA Reinsurance. Meyers served in the United States Army Reserve for eight years during Operation Desert Shield and Operation Desert Storm, where he earned the Army Commendation Medal for management and motivational skills. He has also been heavily involved in his community as a part of the Berlin Community School Home Association, a volunteer for Habitat for Humanity and Burlington County Social Services, and a past member of the Berlin Community School Board.
Meyers has a Bachelor of Arts in Criminal Justice from LaSalle University and a Master of Business Administration in Risk Management from Olivet College, where he served as an associate adjunct professor. He also holds Chartered Property Casualty Underwriter, Associate in Reinsurance, Associate in Commercial Underwriting, and Associate in Insurance Services designations. Meyers and his wife, June, have four children.
“John’s appointment as president & CEO marks an exciting new chapter in MRB’s history and growth agenda,” said Milkint. “He embodies the deep industry know-how, mutual company values and servant leadership style that have been hallmarks of MRB’s success.”
About Mutual Reinsurance Bureau
Mutual Reinsurance Bureau, based in Cherry Valley, Ill., reinsures many diverse insurance companies across the United States and delivers unquestioned security to their clients. MRB is proud of its distinct heritage. The founders of MRB had a vision that has proven to be as valid today as it was in 1921 when they started business. The prestigious assuming companies MRB represents include Church Mutual Insurance Company, Employers Mutual Casualty Company, Kentucky Farm Bureau Mutual Insurance Company, Farm Bureau Mutual Insurance Company of Michigan, and Motorists Insurance Group. The five assuming companies jointly provide $5 billion in policyholder surplus. MRB’s nearly 100 years in business, its assuming companies, its strong business ties and, most importantly, its partnerships formed with clients have been the cornerstone of the company’s success. Additional company information is available at www.mutualre.com.
About The Jacobson Group:
The Jacobson Group is the leading global provider of insurance talent. For nearly 50 years, we have been connecting insurance organizations with professionals from the board room to the back room on both a permanent and temporary basis. We offer a variety of solutions including executive search, professional recruiting, emerging talent, RPO, temporary staffing, subject matter experts, and onsite and work-at-home operations support. Regardless of the need or situation, Jacobson is the insurance talent solution. Further information is available at jacobsononline.com.