GuideOne Insurance Announces Two New Board Members

GuideOne Insurance today announced the election of Todd C. Hart, former Chief Executive Officer, Narragansett Bay Insurance Company (NBIC), and Robert P. Hartwig, Ph.D., CPCU, Clinical Associate Professor of Finance, Darla Moore School of Business, University of South Carolina, to the company’s Board of Directors. Mr. Hart and Dr. Hartwig will each serve three-year terms.

Hart is a proven chief executive with an extensive background and leadership record of building senior teams; successfully operating in complex environments; delivering cultural, operational and ownership change; and producing financial results. In his prior role as Chief Executive Officer at Narragansett Bay Insurance Company, he lead the company’s senior leadership team, directing all company policies and operations to assure NBIC cost effectively grew its capability to select and manage risk as well as service agents and policyholders. He has more than 20 years of experience in a variety of financial services leadership, investment management and analytic posts. Hart earned his Master of Business Administration degree from Harvard Business School, and his Bachelor of Arts degree in Economics from the University of North Carolina, where he was a Morehead Scholar. He was also a Henry Luce Foundation Scholar at the Securities Exchange in Thailand.

Dr. Hartwig is an esteemed economist who is considered to be the voice of the insurance industry to the public. As clinical professor of finance and director of the Risk and Uncertainty Management Center, his research focuses on insurance markets and structures, risk management, risk-bearing capital market instruments, the financing of technology risks and venture capital in insurance markets. He makes frequent presentations to insurance industry management, boards of directors, regulators and legislators. Prior to joining the Darla Moore School of Business, he was President and economist for the Insurance Information Institute in New York. His professional experience includes expert witness testimony and testimony before numerous congressional and state legislative committees. He earned his Doctor of Philosophy and Master of Science degrees from the University of Illinois, and his Bachelor of Arts from the University of Massachusetts at Amherst. Dr. Hartwig also holds the Chartered Property Casualty Underwriter (CPCU) credential and speaks frequently in the media on all issues related to insurance markets.

GuideOne President & Chief Executive Officer, Jessica Clark, believes that Hart and Hartwig bring tremendous experience and a fresh perspective to an already impressive group of leaders. “I am excited and pleased to welcome Todd and Bob to the GuideOne Board of Directors. Todd brings a tremendous amount of Insurance experience and leadership with a proven track record of profitable growth.  Bob is incredibly plugged into industry trends and is an extremely popular educator, commentator and speaker. Their combined experience and commitment to the insurance industry will further position us for great success in the future,” said Clark.

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GuideOne Insurance was founded in 1947 with a commitment to social responsibility. That tradition continues today, as the company proudly protects the people who strengthen our communities. GuideOne serves churches, educational institutions, senior living care centers and nonprofit organizations. We provide commercial property and liability, workers’ compensation, commercial auto, and many other liability needs.

Rated “A-” (Excellent) by industry analyst A.M. Best, GuideOne does business in all 50 states through a network of thousands of independent agents who serve more than 51,000 members. GuideOne’s corporate headquarters are located in West Des Moines, Iowa.