CIAB Elects New Chairman

NU Online News Service, Oct. 16, 3:41 p.m. EDT?Frederick J. de Grosz, president and chief executive officer of ABD Insurance and Financial Services Inc. of Redwood City, Calif., was named chairman of the Washington D.C.-based Council of Insurance Agents & Brokers for 2004.

Mr. de Grosz was elected chairman during the CIAB's 90th annual Insurance Leadership Forum at the Greenbrier held in White Sulphur Springs, W.Va., Oct. 11 to 15.

Mr. de Grosz succeeds William R. Wilkerson III, chairman and chief executive officer of Haas & Wilkerson Insurance Inc., a brokerage firm headquartered in Shawnee Mission, Kan.

Mr. de Grosz was named president and CEO of ABD in 1990. From 1972 to 1990, he served as founder, president and CEO of Alburger, de Grosz Insurance Services Inc. Prior to that, he held various sales and management positions with General Foods Corp.

A wholly owned subsidiary of Greater Bay Bancorp, ABD specializes in high technology and biotech, construction and development, financial institutions, agribusiness, marine, and hospitality business. The firm has 65 percent of its business in property-casualty accounts and 35 percent in benefits consulting.

As chairman, Mr. de Grosz will lead a committee of officers that includes J. Hyatt Brown, vice chairman, who is also chairman and CEO of Brown & Brown Inc.; Charles R. Daniels III, treasurer, and also president of the Daniels Agency of New York Inc.; and Kenneth M. Padgett, secretary, and managing director of Marsh Inc.

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