Validus Holdings, Ltd. has named Dr. Therese (Terri) M. Vaughan, former chief executive officer of the National Association of Insurance Commissioners (“NAIC”), to its board of directors, effective immediately.
The appointment expands Validus' board to 12 members.
“We are pleased to welcome Terri to the Validus Board,” said Ed Noonan, Validus' chairman and chief executive officer. “Terri brings significant experience in insurance and financial regulation and deep industry knowledge to the position. I am confident that she will be an asset to our Board and management team.”
Dr. Vaughan added, “I am delighted to join Validus' board and look forward to working closely with the other directors and Validus' talented management team to build on the company's success as it continues to grow the business.”
Dr. Vaughan served as chief executive officer of the National Association of Insurance Commissioners from 2009 to 2012. Previously, Dr. Vaughan served as the Iowa Insurance Commissioner and as a past NAIC president. She has also held academic positions, including the Robb B. Kelley Distinguished Professor of Insurance and Actuarial Science at Drake University, and she has co-authored two college textbooks on insurance.
Dr. Vaughan earned a Ph.D. in risk and insurance at the University of Pennsylvania and a B.B.A. in insurance and economics at the University of Iowa. She is a CPCU, an Associate of the Society of Actuaries, an Associate of the Casualty Actuarial Society, and a member of the American Academy of Actuaries. She also serves on the board of Verisk Analytics, a provider of risk-assessment services and decision analytics.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].