Acordias New Head Pilots Through Storm Where others may be looking at the whirlwind of events affecting the insurance world over the past few years as a massive storm with ruinous implications, the new head of Acordia sees opportunity that he says his firm is well positioned for in the coming years.
After 17 years with Acordia, most recently as chief operating officer, Kevin Conboy was named president and chief executive officer of the firm in early February. He replaces Frank Witthun, the founder, who navigated the Chicagobased firm to become one of the countrys top 10 insurance brokers, eventually finding an important partner in financial services company, Wells Fargo & Co., which acquired Acordia in 2001.
Mr. Witthun remains with Acordia as non-executive chairman consulting on acquisitions and representing both San Francisco-based Wells Fargo and Acordia at industry events and before London-based Heath Lambert Group, Wells Fargo said.
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