Protective Insurance Corporation has appointed Jeremy D. Johnson as chief executive officer.
Mr. Johnson also will serve as a member of the company's board of directors.
Mr. Johnson served as president of U.S. commercial lines for American International Group, Inc., from February 2016 to December 2017, with responsibility for underwriting, operations, claims, and distribution in the United States, Canada, Brazil, and Mexico.
He was chief executive officer and president of Lexington Insurance Company, AIG's excess and surplus lines unit, from February 2013 to December 2017.
Mr. Johnson served in various executive positions at AIG between 2000 and 2013, including specialty product line executive for the United States and Canada; president of cat excess liability; U.S. executive for energy excess casualty; and regional vice president for the Mid-Atlantic territory.
Prior to joining AIG, Mr. Johnson was a broker for Sedgwick, Inc., and Marsh, Inc.
Mr. Johnson holds an M.A. in law from the University of Oxford in the United Kingdom.
“I'm excited to be joining Protective and looking forward to continuing improvements in our operational and financial performance,” said Mr. Johnson. “This is a challenging time for the commercial auto insurance sector, and it's during challenging times that Protective, with our long history of providing commercial automobile insurance, can distinguish ourselves. By building on our successful heritage, I'm confident we will deliver positive outcomes for our insureds, our distribution partners, and our investors.”
“We're delighted that Jeremy will be joining our team to serve as our CEO,” said Jay Nichols, the chairperson of Protective's board. “Jeremy's more than 25 years of insurance industry experience, leading large teams and managing complex books of business, makes him an ideal leader for the team at Protective. His extensive background with commercial insurance risks, including commercial automobile coverages, will be invaluable for both our insureds and our broker partners. We look forward to benefiting from Jeremy's leadership and expertise as Protective continues enabling commerce, providing recovery from unfortunate events, and saving lives by serving as a strong partner to our stakeholders in the transportation safety ecosystem.”
Mr. Nichols, who has served as Protective's interim chief executive officer since October 2018, will continue serving as board chairperson.
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].