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Sean Kevelighan has been named president and CEO of the New York-based Insurance Information Institute effective Aug. 8, the institute announced Wednesday.
Mr. Kevelighan succeeds Robert Hartwig, who is joining the University of South Carolina's Darla Moore School of Business in Columbia, South Carolina. Mr. Hartwig, who became III's president in 2007, announced in February that he would be leaving to join the faculty at the University of South Carolina, where he will also be co-director of the Moore School's Risk and Uncertainty Management Center.
Mr. Kevelighan previously served as global head of public affairs for Zurich Insurance Group, where he was responsible for setting the corporation's global public policy and corporate responsibility agendas, said III in its announcement.
“Over nearly two decades, Sean has attained impressive accomplishments in public affairs and communications as well as a deep technical knowledge of insurance issues,” said Bruce Kelley, president and CEO of EMC Insurance Cos. in Des Moines, Iowa, and chairman of III's board of directors, in the announcement. “The search committee screened dozens of high-caliber candidates, but the final vote was unanimous. Sean is an ideal fit for the CEO role due to his success as a media spokesperson in both corporate and government settings, as well as his international insurance industry experience.”
Taiwan's Hotai Motor Co. Ltd. will acquire the nonlife insurance operations of Zurich Insurance Group Ltd. in the country, reported The China Post.