ORI

OLD REPUBLIC ANNOUNCES FORMATION OF A NEW ACCIDENT & HEALTH COMPANY

Retrieved on: 
Monday, September 18, 2023
Society, Crum, Stop loss, Appetite, Swiss Re, Old Republic International, Society of Actuaries, Three Mile Island accident health effects, Fairfax Financial, ORI, FSA, NYSE, Accident, Insurance, Old Republic

CHICAGO, Sept. 18, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced that it is forming a new underwriting subsidiary to provide Accident & Health insurance products.

Key Points: 
  • CHICAGO, Sept. 18, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced that it is forming a new underwriting subsidiary to provide Accident & Health insurance products.
  • The new company, Old Republic Accident & Health, Inc., will focus on providing specialized coverages such as employers stop loss and will be led by Gary Nidds as President.
  • We look forward to leveraging Gary's experience and leadership with the Old Republic brand, resources and financial strength."
  • Old Republic Accident & Health will be the sixth new company that Old Republic has launched in the last eight years, adding to the depth and talent of the Old Republic General Insurance Group.

AM Best Affirms Credit Ratings of Subsidiaries of Old Republic International Corporation

Retrieved on: 
Wednesday, July 12, 2023
Insurance, Professional Services, Good, AM Best, ORL, ERM, Old Republic International, Credit, FSR, Superior, ORI, Mortality, Long-term care insurance, NYSE, Risk management, Old Republic

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa-” (Superior) of the members of Old Republic Insurance Companies (Old Republic).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa-” (Superior) of the members of Old Republic Insurance Companies (Old Republic).
  • All companies are subsidiaries of Old Republic International Corporation (ORI) [NYSE: ORI].
  • The ratings of Old Republic, which is considered the lead rating unit in the Old Republic International Corporation enterprise, reflect its balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management (ERM).
  • Old Republic is the flagship group for the Old Republic Insurance enterprise and one of the top 35 property/casualty insurers in the United States.

OLD REPUBLIC ANNOUNCES SEVERAL NEW LEADERSHIP APPOINTMENTS

Retrieved on: 
Thursday, June 15, 2023
Old Republic International, Distribution, ORI, SR, NYSE, Management, Renewable energy

CHICAGO, June 15, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced new appointments to Old Republic International Corporation's (ORI) Office of the CEO (OCEO), Old Republic General Insurance Group's (ORGIG) OCEO, and Old Republic National Title Holding Company's (ORNTHC) Board of Directors, all effective July 1, 2023.

Key Points: 
  • CHICAGO, June 15, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced new appointments to Old Republic International Corporation's (ORI) Office of the CEO (OCEO), Old Republic General Insurance Group's (ORGIG) OCEO, and Old Republic National Title Holding Company's (ORNTHC) Board of Directors, all effective July 1, 2023.
  • In making this announcement, Craig Smiddy, ORI's President and CEO, noted "All of these associates have demonstrated their unwavering commitment to perpetuating Old Republic's exceptional culture and history of excellence, and their new leadership responsibilities will ensure Old Republic's success continues well into the future.
  • With these appointments, Old Republic continues to demonstrate its commitment to sound governance, continuity, succession, diversity and inclusion."
  • Old Republic congratulates all of these associates on their new appointments and responsibilities, helping to ensure we continue to meet and exceed our commitments to all of our stakeholders.

OLD REPUBLIC APPOINTS NEW EXECUTIVE VICE PRESIDENT TO PMA COMPANIES

Retrieved on: 
Tuesday, May 30, 2023
University, ARM, Business, Sashi, Old Republic, PMA, Old Republic International, CPCU, Risk management, ORI, Knowledge, NYSE, Management

CHICAGO, May 30, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — PMA Companies, Inc (PMA), a member of the Old Republic General Insurance Group, today announced the appointment of Sashi Aiyathurai as Executive Vice President and Chief Underwriting Officer.

Key Points: 
  • CHICAGO, May 30, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — PMA Companies, Inc (PMA), a member of the Old Republic General Insurance Group, today announced the appointment of Sashi Aiyathurai as Executive Vice President and Chief Underwriting Officer.
  • Ms. Aiyathurai will oversee all aspects of the Company's insurance underwriting and corporate distribution functions and will be a key member of the Office of the CEO, reporting to Derek Hopper, PMA's CEO.
  • She joins PMA with over 25 years of experience, which includes executive leadership, corporate strategy, and oversight of production underwriting and regional underwriting activities.
  • In making the announcement, Craig Smiddy, ORI's President and CEO, noted that "Sashi's expertise enriches PMA's underwriting knowledge, and her executive leadership experience will provide additional depth and perspective to PMA's executive team.

OLD REPUBLIC ANNOUNCES APPOINTMENT OF KIVIN JONES AS SENIOR VICE PRESIDENT

Retrieved on: 
Tuesday, April 4, 2023
USAA, CNA Financial, Senior, University of Michigan, Culture, Insurance, NBA scoring leaders, National Basketball Association, Georgia State University, Sirkka-Liisa Kivine, Old Republic International, Human resources, NBA, University, Training and development, ORI, Office of the Chief Human Resources Officer, Marsh, NYSE, Management

CHICAGO, April 4, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced the appointment of Kivin Jones as Senior Vice President – Chief Human Resource Officer.

Key Points: 
  • CHICAGO, April 4, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced the appointment of Kivin Jones as Senior Vice President – Chief Human Resource Officer.
  • Mr. Jones most recently served as an Executive Vice President and Deputy Chief Human Resources Officer of the National Basketball Association (NBA), and his experience includes human resource leadership positions at USAA, Marsh, and CNA Insurance.
  • In making this announcement, Craig Smiddy, ORI's President and CEO, noted that "Kivin brings a wealth of experience and leadership to our organization.
  • We look forward to Kivin harmonizing his insights with our culture as we align the organization for continued long-term success."

OLD REPUBLIC ANNOUNCES FORMATION OF A NEW LAWYERS SPECIALTY INSURANCE COMPANY

Retrieved on: 
Monday, April 3, 2023
Creighton University School of Law, ORI, Insurance, Old Republic International, NYSE, Lawyer, Management

CHICAGO, April 3, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced that it is forming a new underwriting subsidiary to provide insurance solutions to lawyers.

Key Points: 
  • CHICAGO, April 3, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced that it is forming a new underwriting subsidiary to provide insurance solutions to lawyers.
  • The new company, Old Republic Lawyers Specialty Insurance, Inc. (ORLSI), will focus on providing professional liability coverages for lawyers and will be led by Michael Furlong as President.
  • Mr. Furlong is a lawyer himself with more than 30 years of industry experience and a strong underwriting track record in lawyers professional liability.
  • In making this announcement, Craig R. Smiddy, ORI's President and Chief Executive Officer, noted that, "Old Republic Lawyers Specialty Insurance is a natural extension and continuation of ORI's long, successful history of hiring outstanding talent to launch specialized insurance businesses focused on specialty niches.

Orica Selects Ceridian to Modernise Global HR and Payroll

Retrieved on: 
Monday, March 20, 2023
Workforce, CDAY, HR, ORI, TSX, Growth, HCM, NYSE, Risk management, Management

Leveraging the Dayforce platform’s single data architecture, Orica will consolidate disparate systems around the world, including managed payroll and workforce management, to deliver a complete cloud HCM experience.

Key Points: 
  • Leveraging the Dayforce platform’s single data architecture, Orica will consolidate disparate systems around the world, including managed payroll and workforce management, to deliver a complete cloud HCM experience.
  • With more than 12,500 employees across 47 countries, Orica was looking for a comprehensive solution to unify its employees after experiencing tremendous organic growth, including global acquisitions.
  • “Dayforce will help Orica streamline global people processes, deliver a world-class employee experience, and support strategic decision making through real-time workforce data and analytics.”
    Orica partnered with Deloitte to provide global payroll expertise and guide them through the selection process.
  • Think Best Practice will work with Orica, Deloitte, and Ceridian to manage Dayforce’s implementation, bringing deep global implementation experience with Ceridian’s tools and services to drive quantifiable value to the business and its employees.

OLD REPUBLIC ANNOUNCES THE ADDITION OF J. ERIC SMITH TO THE BOARD OF DIRECTORS

Retrieved on: 
Friday, March 17, 2023
Insurance, Allstate, Compensation, Retirement, Old Republic International, ORI, NYSE, Swiss Re, Management

CHICAGO, March 17, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced J. Eric Smith (65) has joined its Board of Directors as of March 17, 2023.

Key Points: 
  • CHICAGO, March 17, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced J. Eric Smith (65) has joined its Board of Directors as of March 17, 2023.
  • Including J. Eric Smith, ORI has added seven new, highly qualified individuals to ORI and its major regulated insurance company subsidiaries' Board of Directors in the last 5 years.
  • In the same time frame, five Directors have departed from the Board.
  • ORI continues to make significant progress to provide greater diversity of talents, profession, and other backgrounds to the Board.

Operating Room Innovations to Showcase its SoloFit Toga and Face Shield with Full Covering at AAOS 2023

Retrieved on: 
Monday, March 6, 2023
Surgery, Hospitals, Health, Health Technology, Medical Supplies, American Academy, Orthopedic surgery, Modularity, ORI, Elective surgery, PPE, Personal protective equipment

Operating Room Innovations (ORI) , a medical technology company dedicated to solving problems common to the orthopedic operating room (OR), will be highlighting its proprietary SoloFit® Toga and universal face shield with full covering in booth no.

Key Points: 
  • Operating Room Innovations (ORI) , a medical technology company dedicated to solving problems common to the orthopedic operating room (OR), will be highlighting its proprietary SoloFit® Toga and universal face shield with full covering in booth no.
  • The company’s universal face shield with full covering balances safety and comfort, providing the wearer with confidence and protection.
  • With SoloFit, surgical teams get a built-in back vest in a light form factor that fits seamlessly into the toga design.
  • In addition, our face shield with full covering is surgical helmet agnostic, providing more flexibility when choosing PPE.”

OLD REPUBLIC APPOINTS NEW EXECUTIVE VICE PRESIDENT TO BITCO INSURANCE COMPANIES

Retrieved on: 
Tuesday, January 3, 2023
NYSE, Casualty, Old Republic International, University, Insurance, Risk management, ORI, Old Republic, Office of the Chief Actuary, Management

CHICAGO, Jan. 3, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — BITCO Insurance Companies (BITCO), a member of the Old Republic General Insurance Group since 1985, today announced the appointment of Meyer Lehman as Executive Vice President and member of BITCO's Office of the Chief Executive Officer.

Key Points: 
  • CHICAGO, Jan. 3, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — BITCO Insurance Companies (BITCO), a member of the Old Republic General Insurance Group since 1985, today announced the appointment of Meyer Lehman as Executive Vice President and member of BITCO's Office of the Chief Executive Officer.
  • He joins BITCO with over 20 years of experience, including executive leadership of actuarial, underwriting, and finance teams.
  • In making the announcement, Craig Smiddy, ORI's President and CEO, noted that "Meyer brings a wealth of general insurance knowledge and executive leadership experience to BITCO and he will add greater depth and breadth to BITCO's executive team."
  • Old Republic's general insurance business ranks among the nation's 50 largest, while its title insurance business is the third largest in its industry.