Insurance execs get scalped

Eight surplus lines company chief executives shaved their heads on stage this week to raise more than $700,000 in donations for childhood cancer research.

They were part of a team named “Expired Coverage” that they formed to raise money for St Baldrick's Foundation. The charity has recruited volunteers to shave their heads since 2000 as a way to raise money to fight childhood cancer.

Since 2000 nearly 200,000 volunteers, including women, have shaved their heads and raised more than $117 million.

Below is a video of the eight getting scalped on stage in Las Vegas during an annual AmWINS sales conference.

The Expired Coverage members include David Bresnahan, president, Lexington Insurance Co.; Dave Leonard, president, RSUI Group; Eduardo Lucena, CEO, Colemont Brazil; Frank Murphy, group CEO at THB Group plc; James Drinkwater, president, AmWINS Brokerage; John Charman, CEO, AXIS Capital; Scott Carmilani, CEO of Allied World Assurance Co.; and Skip Cooper, president of AmWINS Group, Inc.

Good work, team Expired Coverage!

Expired Coverage Team: Shaving Event Highlights