Westfield Announces Key Executive Leadership Appointments

Joe Kohmann named COO, Rob Looney named CFO

WESTFIELD CENTER, Ohio, October 1, 2024 /PRNewswire/ — Westfield, a global property and casualty insurance company, today announced executive leadership changes to further elevate its operational and financial capabilities to support its broad and diverse portfolio of businesses.

Joe Kohmann named COO
Joe Kohman has been named Chief Operating Officer (COO), reporting to Ed LargentPresident, Executive Director and President of the Board of Directors. Kohmann joined Westfield in 2000 and has served as Chief Financial Officer (CFO) since 2011. During his tenure, Kohmann strengthened Westfield's enterprise finance capabilities, led reinsurance strategy, and was instrumental in the company's recent expansion. in the specialist market both in the US and at Lloyd's. of London. As COO, Kohmann is responsible for significantly broadening and deepening the strategic management capabilities of Westfield's enterprise underwriting portfolio, including exposure and catastrophe management, actuarial, enterprise risk management and corporate strategy.

“Joe's vision and propensity to drive change are strategic differentiators as we manage a diverse portfolio of businesses,” said Largent. “His strong leadership and deep knowledge of our business have earned him the respect of the Board, the Westfield team, reinsurance partners and the agent and broker communities.”

As part of this strategic shift, Westfield is elevating the focus on underwriting and enterprise portfolio management by establishing and recruiting for a newly created Chief Underwriting Officer (CUO) role. Reporting to Kohmann, the CUO will play a key role in advancing the company's underwriting standards, strategy and governance to ensure alignment with long-term business objectives.

Rob Looney named CFO
With Kohmann as COO, Rob Looney has been appointed chief financial officer (CFO). Looney brings a wealth of experience as an experienced CFO within the general insurance industry, including the last two years as CFO of Westfield Specialty. His deep financial acumen positions him well to drive the company's financial strategy and performance. Prior to Westfield, Looney was CFO and COO of AXIS Re, where he was part of the executive leadership team and led finance, operations and claims for the global reinsurer. His career also includes senior management positions in investment banking and public accounting, where he focused exclusively on domestic and global insurance and reinsurance clients.

Recently, the company announced andy rose as Vice President of Small Business.

About Westfield

Founded in 1848, Westfield is a global leader in property and casualty insurance, delivering superior risk insights and innovative solutions to clients through a diverse portfolio of insurance products. Westfield underwrites commercial, personal, surety and specialty lines of coverage through a network of leading independent agents and brokers in the united states and specialty products through Lloyd's of London Syndicate 1200. As a mutual insurance company with more than 3,000 employees, Westfield has revenues exceeding $4 billion and more than $10 billion in assets. Get more information at www.westfieldinsurance.com.

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SOURCE Westfield Insurance