WYALUSING, PENNSYLVANIA, UNITED STATES, July 12, 2018 /EINPresswire.com/ — On behalf of the Boards of Directors, Jay W. Chadwick today announced a strategic reorganization of executive teams to capitalize on the rapidly changing insurance industry landscape.
“The new structure positions our multiple holding and insurance companies for future expansion and aligns the business with our current growth strategies,” states Mr. Chadwick.
Core business operations– Tuscarora Wayne Insurance Company, Keystone National Insurance Company and Lebanon Valley Insurance Company are now organized under the leadership of Todd E. Salsman, who after previously serving as Senior Vice President and Chief Operating Officer, has been elected President of the three companies.
With roots planted in the agricultural sector of the insurance industry that date back to 1856, each company offers unique commercial insurance products that capture the founders’ original mission of serving the underserved.
“As our companies continue to grow in this digital age, it is important for us to leverage the traditional business practices that have been instrumental in our success with the power of the cutting-edge technology we have heavily invested in,” stated Mr. Salsman.
In addition, Russ L. Oldham has been elected President of recently acquired Capitol Insurance Company based out of Lafayette Hill, Pennsylvania. Mr. Oldham joins an executive management team of industry experts who collectively bring over 150 years of extensive insurance experience. Capitol Insurance Company offers private passenger personal automobile and motorcycle insurance.
“Backed by the financial strength of the Tuscarora Wayne Group of Companies and the Insurance Capital Group, LLC, Capitol Insurance Company is now positioned to meet market demand with state-of-the-art insurance solutions. The future is bright for Capitol Insurance Company,” Mr. Oldham stated.
Brian K. Bolinger, who after serving as Senior Vice President and Chief Financial Officer, has been elected to President of the holding companies, Tuscarora Wayne Mutual Group, Inc., Susquehanna Capital Corp., and Glacier Capital Holdings, LLC. Mr. Bolinger remains the Treasurer of the seven companies that comprise the Tuscarora Wayne Group.
“This is an exciting time for the Tuscarora Wayne Group of Companies as we continue to seek out new business opportunities to move us forward in this ever-changing insurance marketplace,” stated Mr. Bolinger. “In many respects, we possess the exuberance of a startup organization which happens to have more than 160 years of history behind us.”
Jay W. Chadwick leads this exceptional executive management team as the Chairman and Chief Executive Officer of all companies.
Lavelle Strategy Group
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Source: EIN Presswire