Assuming the CEO post at Allstate Corp. during a time of great controversy over how to handle one of the biggest exposures facing the giant carrier–catastrophe risks–doesn't worry Thomas J. Wilson.
Indeed, Mr. Wilson told National Underwriter in an exclusive interview that he is eager to continue to fight for privately-funded but government-backed catastrophe funds on the state and federal level–not only to ease the potentially crushing exposure facing the insurance industry, but to keep the market and general economy stable after a disaster as well.
It helps that Mr. Wilson is no stranger to the company, already serving as president and chief operating officer. He was named incoming CEO–effective Jan. 1–by the Allstate board on Sept. 18, succeeding Edward Liddy, who has been chairman and CEO since January 1999.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
