Insurance Companies Announce Leadership Changes
Several insurance companies are undergoing leadership transitions designed to bolster their market positions and operational frameworks. These changes reflect the dynamic nature of the insurance industry and the ongoing efforts of companies to adapt and respond to evolving market demands.
Hinterland Insurance
Mohmoud Bondugjie has been appointed as the assistant vice president of general commercial at Hinterland Insurance. This appointment is part of a broader restructuring within the company’s underwriting divisions. Bondugjie, who has more than 15 years of experience in managing commercial risk portfolios, will lead the general commercial division and will have oversight of risks valued up to $7.5 million. He will be based in the company’s San Diego office. Prior to joining Hinterland, Bondugjie held leadership roles in risk management and wholesale insurance.
NJM Insurance
Carol Voorhees, currently the executive vice president and chief operating officer at NJM Insurance, has been named president and CEO. She will succeed Mitch Livingston, who is retiring on July 31, 2025, after 19 years with the company. Voorhees joined the company in 1996 as a systems analyst. She was later promoted to senior vice president and chief information officer in 2018, and then executive vice president and chief operating officer in 2024.
HDI Global Insurance
HDI Global Insurance has restructured its US casualty operations, announcing new leadership. Ed Wu has been appointed vice president and US casualty lead, while Thomas Long will serve as vice president and admitted casualty lead. Wu, who brings nearly three decades of experience in commercial casualty insurance, will oversee HGIC’s casualty underwriting from Las Vegas. He will report to HGIC chief underwriting officer Marco Hensel. Long, who has more than 35 years of experience in underwriting and alternative risk markets, will report to Wu.
Wu stated that the realignment is intended “to ensure coordinated delivery of casualty solutions while maintaining a focus on distribution channels.” Long added that integrating retail and wholesale capabilities under unified leadership will provide clients with solutions tailored to evolving risks.
