IBA: Post Departure Won't Change Fireman's
By Mark E. Ruquet
NU Online News Service, May 17, 12:44 a.m. EDT?The sudden resignation of Fireman's Fund Chief Executive Officer Jeff Post will mean no changes in the company's relationship with independent agents, the head of a California agent's association said.[@@]
"Fireman's Fund and Mr. Post have been very strong and loyal supporters of IBA West and its member agents, and we don't expect that to change," said Mr. Valdivia. "We also wish Mr. Post well and look forward to working with him in the future," said Andrew Valdivia, president of Insurance Brokers & Agents of the West and executive vice president and principal of White & Company Insurance Inc. in Santa Monica, Calif.
Mr. Post, 44, left as president and CEO of the Novato, Calif.-based insurer last week.
According to Allianz Group, which owns Fireman's Fund, Mr. Post resigned for personal reasons and "left the company at his own request."
Charles "Chuck" Kavitsky, 52, was named to replace Mr. Post. Mr. Kavitsky was president of Allianz Life and a member of the board for Fireman's Fund. He joined LifeUSA in 1995 and remained with the company after its purchase by Allianz in 1999, when it was renamed Allianz Life. He was named president in 2002.
"I thank Jeff [Post] for his achievements and all the work at the helm," said Jan Carendi, chairman of Fireman's Fund, in a statement.
"Jeff [Post] engineered an impressive turnaround as CEO at Fireman's Fund and thereby made an important contribution to the success of the Allianz Group," said Michael Diekmann, chairman of the board of Allianz AG.
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