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Baldwin & Lyons Inc (BWINA.OQ)

BWINA.OQ on NASDAQ Stock Exchange Global Market

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6 Dec 2016
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Summary

Name Age Since Current Position

Steven Shapiro

51 2015 Executive Chairman of the Board

W. Randall Birchfield

52 2016 President, Chief Executive Officer, Director

William Vens

45 2016 Chief Financial Officer

Michael Case

47 2016 Chief Operating Officer, Senior Vice President - Claims & Legal, General Counsel, Secretary

Philip Moyles

2016 Director

Nathan Shapiro

79 1979 Director

Norton Shapiro

82 1983 Director

Robert Shapiro

76 1997 Director

Arshad Zakaria

2015 Director

Stuart Bilton

68 1987 Independent Director

Otto Frenzel

55 2008 Independent Director

John O'Mara

88 1981 Independent Director

Thomas Patrick

71 1983 Independent Director

John Pigott

83 1997 Independent Director

Kenneth Sacks

50 2007 Independent Director

Biographies

Name Description

Steven Shapiro

Mr. Steven A. Shapiro is an Executive Chairman of the Board of the Company. He was Lead Director of Baldwin & Lyons Inc. Mr. Shapiro has been lead director since 2010 and served on the Board since 2007. Mr. Shapiro has been Vice President of SF Investments, a broker/dealer in securities since 1991 and has been a member of New Vernon Investment Management, LLC, the General Partner in a series of investment limited partnerships, including the New Vernon Insurance Fund, since 1999. Mr. Shapiro served on the Board of Directors of First Mercury Financial Corporation until its sale in February, 2011.

W. Randall Birchfield

Mr. W. Randall Birchfield is President, Chief Executive Officer, Director of the Company. Mr. Birchfield has served as the Company's Executive Vice President of Sales and Underwriting since April 2014. He joined the Company in September 2013 as Vice President of Underwriting. Prior to joining the Company, Mr. Birchfield served in a variety of capacities within the property and casualty insurance industry with Allstate Insurance Company, Farmers Insurance Company, American International Group and Progressive Insurance Company, most recently as Vice President – Auto Line Management at Allstate Insurance Company from 2011 until September 2013. Mr. Birchfield holds a BS from the United States Military Academy at West Point, an MA in Managerial Economics from the University of Oklahoma and an MBA from Harvard University.

William Vens

Mr. William C. Vens is the Chief Financial Officer of the Company. Mr. Vens joined the Company in June 2014 as Managing Director–Finance and after that served as Vice President of Strategy and Planning from June 2016 to the present, which includes management of the Company's reinsurance and actuarial teams. Prior to joining the Company, Mr. Vens served as Chief Financial Officer of HighWave Energy, Inc. from 2011 to May 2014. Mr. Vens served in Merrill Lynch & Co.'s investment banking division from 2002 to 2011, specializing in insurance company advisory and financing transactions. Mr. Vens holds a BA from the University of Notre Dame and an MBA from Harvard University.

Michael Case

Mr. Michael J. Case is Chief Operating Officer, Senior Vice President - Claims & Legal, General Counsel, Secretary of the Company. Mr. Case has served as Senior Vice President (Claims & Legal), General Counsel and Secretary since May 2015. Prior to that, Mr. Case served as Vice President of Claims, General Counsel and Secretary of the Company's subsidiaries from 2008 until May 2015, and has been employed by the Company since July 2003. Prior to joining the Company, Mr. Case served as Associate General Counsel for the Union Acceptance Corporation and Deputy Attorney General for the State of Indiana Office of the Attorney General. Mr. Case's education includes a Bachelor's degree from Ball State University and a Juris Doctor degree from William Mitchell College of Law.

Philip Moyles

Mr. Philip V. Moyles, Jr. is Director of the Company. Mr. Moyles is the Managing Principal, CEO and director of Vanbridge Holdings LLC which is an insurance intermediary, capital advisory and insurance and reinsurance management firm. Prior to joining Vanbridge Holdings LLC, Mr. Moyles was an Executive Vice President and CEO of the Americas for Marsh LLC (Marsh & McLennan Companies). He was on the Marsh LLC Board of directors, its Operating and Executive Committees and served on the Marsh & McLennan Companies' Executive committee. Mr. Moyles has thirty years of experience in the insurance industry. Mr. Moyles graduated from Kenyon College with a bachelor's degree and is a graduate of The Tuck School of Business at Dartmouth College Executive Program. Mr. Moyles currently serves as a senior advisor of Sound Point Capital Management, LP. He is also a director of NEBCO Insurance Services, LLC as well as Beechwood Reinsurance LTD.

Nathan Shapiro

Mr. Nathan Shapiro is Director of Baldwin & Lyons, Inc. Mr. Shapiro served as the President of SF Investments, Inc., a broker/dealer in securities from 1970 until 2009 and continues to serve as investment advisor representative affiliated with SF Investments, Inc. Since December, 1977, Mr. Shapiro has also served as President of New Horizons, Inc., management consultants. Mr. Shapiro’s extensive experience in investment management, particularly within the property and casualty insurance industry, his management and directorship with other public and private companies and his 36 years of service as a Board member to the Corporation provide him with the background necessary to serve as an effective Board member.

Norton Shapiro

Mr. Norton Shapiro is the Director of Baldwin & Lyons, Inc. Prior to his retirement in 1999, Mr. Shapiro served as Executive Vice President of National Superior Fur Dressing & Dyeing Co., Inc., a corporation engaged in the processing, cleaning and dressing of furs. Mr. Shapiro’s experience in management and directorship with other companies and his 28 years of service as a Board member to the Corporation provide him with the background necessary to serve as an effective Board member.

Robert Shapiro

Mr. Robert Shapiro is the Director of Baldwin & Lyons, Inc. Mr. Shapiro has served as President and Chief Executive Officer of Emlin Cosmetics, Inc., a corporation engaged in the manufacture and distribution of cosmetic products, since 1964. Mr. Shapiro’s experience in management and directorship with other companies and his 14 years of service as a Board member to the Corporation provide him with the background necessary to serve as an effective Board member.

Arshad Zakaria

Mr. Arshad R. Zakaria is the Director of Company. Mr. Zakaria is the Chief Executive and Co-Founder of New Vernon Capital LLC. New Vernon Capital was founded in 2004 and has a focus on emerging markets, particularly India. Prior to forming New Vernon Capital, Mr. Zakaria was an Executive Vice President of Merrill Lynch & Co., Inc. and President of the Global Markets and Investment Banking Group (GMI) from October 2001 to August 2003 and Chairman of that group from August 2003 to December 2003. As President of GMI, he was responsible for investment banking, debt and equity markets, and private equity on a global basis. From May 2000 until October 2001, Mr. Zakaria served as head of Corporate Risk Management. He also served as a member of Merrill Lynch’s Executive Management and Operating Committees. Mr. Zakaria received his B.A. degree, summa cum laude, in applied mathematics, from Harvard University in 1985. He received his M.B.A. with high distinction from Harvard Business School in 1987 where he was a Baker Scholar and a recipient of the Loeb-Rhoades Fellowship for Finance. Mr. Zakaria is a member of the Advisory Council of the South Asia Institute of Harvard University, the HBS India Advisory Board, and the Brookings India Initiative Founders Circle.

Stuart Bilton

Mr. Stuart D. Bilton is an Independent Director of Baldwin & Lyons, Inc. Mr. Bilton has served as Chairman and C.E.O. of Aston Asset Management, LLC, a diversified investment management firm since 2006. He is also C.E.O. and a director of the Aston Funds, a family of mutual funds. Mr. Bilton was Vice Chairman of ABN AMRO Asset Management (US), Inc. from 2003 until 2006 and President and Chief Executive Officer of ABN AMRO Asset Management (US), Inc. from 2001 to 2003. Mr. Bilton’s experience in investment management and his 24 years of service as a Board member to the Corporation provide him with the background necessary to serve as an effective Board member.

Otto Frenzel

Mr. Otto N. Frenzel, IV is an Independent Director of Baldwin & Lyons, Inc. Mr. Frenzel has served as Chairman of Kauffman Engineering, Inc., an Indiana based manufacturer of electrical equipment, since 2001, and he was formerly Chairman of Symphony Bank in Indianapolis from 2005 until 2008. Mr. Frenzel’s experience in banking and corporate management, along with his previous 3 years of service as a Board member to the Corporation, provide him with the background necessary to serve as an effective Board member.

John O'Mara

Mr. John M. O'Mara is an Independent Director of Baldwin & Lyons Inc. Mr. O’Mara served as a financial consultant, principally for portfolio companies of Citi Group Venture Capital from May 1993 to November 2009. Since then he has been a financial consultant and private investor. He was a director of The Midland Company until its sale in April, 2008. Mr. O’Mara’s extensive experience in investment management, management and directorship with other public companies and his 34 years of service as a Board member to the Corporation provide him with the background necessary to serve as an effective Board member.

Thomas Patrick

Mr. Thomas Harold Patrick is an Independent Director of Baldwin & Lyons Inc. Mr. Patrick has been a principal and co-owner of New Vernon Capital LLC, an investment management company since 2004. During 2002 and 2003, he was the Executive Vice Chairman, Finance & Administration of Merrill Lynch & Co., Inc., and prior thereto he held a number of executive positions with Merrill Lynch & Co, Inc. Mr. Patrick also serves as a director of Deere & Company and Computer Sciences Corporation. Mr. Patrick’s experience in investment management, management and directorship with other public companies and his 28 years of service as a Board member to the Corporation provide him with the background necessary to serve as an effective Board member.

John Pigott

Mr. John A. Pigott is an Independent Director of Baldwin & Lyons, Inc. Prior to his retirement in 1996, Prior to his retirement in 1996, Mr. Pigott served in various capacities at Anixter, Inc., including Director, Vice Chairman, President and Chief Executive Officer. Mr. Pigott’s experience in management and consulting with other public and private companies and his 18 years of service as a Board member to the Corporation provide him with the background necessary to serve as an effective Board member.

Kenneth Sacks

Mr. Kenneth David Sacks is an Independent Director of Baldwin & Lyons, Inc. Mr. Sacks has served as Co-Chief Executive Officer since September, 2011, and as Managing Principal and Chairman since 2003, of JMB Insurance Agency, Inc., an insurance brokerage company located in Chicago. Prior to his affiliation with JMB Insurance Agency, Inc., Mr. Sacks was engaged in real estate portfolio management with JMB Realty Corporation in Chicago and Merrill Lynch Hubbard in New York. Mr. Sack’s executive management experience in the property and casualty insurance industry, along with his 8 years of service as a Board member to the Corporation, provide him with the background necessary to serve as an effective Board member.