Life and business underwriter Erie Insurance has named Brad Postema as senior vice president and chief investment officer.
The US insurer stated that Postema will be responsible for the investment planning of Erie Insurance Exchange, its underwriting subsidiaries and Erie Indemnity Company.
Before ERIE, Postema was serving as senior vice president and senior portfolio manager for insurance with GE Asset Management.
According to a report by AM Best Company, Erie Insurance Group, based in Pennsylvania, is the 12th largest automobile and 14th largest homeowners insurer in the US, as per the direct premiums written and the 20th largest property/casualty underwriter based on total lines net premium written.
Source:
http://lifeinsuranceandpensions.insurance-business-review.com/news/erie-insurance-selects-new-chief-investment-officer-060612
