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