CHICAGO – The Mutual Reinsurance Bureau (MRB) announced that it has begun the formal process of identifying a successor to the company’s current chief executive officer Timothy Dorr. Dorr plans to retire from the Illinois-based joint reinsurance association following the selection of a new CEO.
The MRB’s Board of Directors has retained The Jacobson Group to assist in the search for and selection of Dorr’s successor. The search will be led by Margaret Resce Milkint, managing partner, who oversees engagements across all insurance industry verticals as part of Jacobson’s executive search practice.
“MRB’s relationship-building and underwriting skills are well-respected and invaluable to its clients,” said Susan Haack, chair of the MRB Board of Directors and the search committee. “This is a great opportunity for the right person to leverage the company’s foundation and to build an exciting future for our organization with the dedicated MRB staff and our reinsurance partners.”
“The next CEO of MRB will be uniquely positioned to champion the organization’s pristine reputation,” added Milkint. “He or she will have the chance to drive unparalleled growth and continue MRB’s record of high-integrity service and success.”
Since 2010, Dorr has provided strong leadership as MRB’s CEO. Throughout his tenure, Dorr and the Board of Directors have shown steadfast commitment to the continued growth and success of MRB and its assuming companies. His successor will have the opportunity to build upon the organization’s rich legacy, financial strength and respected brand in the mutual insurance company community.
About Mutual Reinsurance Bureau
Mutual Reinsurance Bureau, based in Cherry Valley, Ill., reinsures many diverse insurance companies across the United States and delivers unquestioned security to their clients. MRB is proud of its distinct heritage. The founders of MRB had a vision that has proven to be as valid today as it was in 1921 when they started business. The prestigious assuming companies MRB represents include Church Mutual Insurance Company, Employers Mutual Casualty Company, Kentucky Farm Bureau Mutual Insurance Company, Farm Bureau Mutual Insurance Company of Michigan, and Motorists Insurance Group. The five assuming companies jointly provide $5 billion in policyholder surplus. MRB’s nearly 100 years in business, its assuming companies, its strong business ties and, most importantly, its partnerships formed with clients have been the cornerstone of the company’s success. Additional company information is available at www.mutualre.com.
About The Jacobson Group:
The Jacobson Group is the leading global provider of insurance talent. For more than 45 years, we have been connecting insurance organizations with professionals from the board room to the back room on both a permanent and temporary basis. We offer a variety of solutions including executive search, professional recruiting, emerging talent, RPO, temporary staffing, subject matter experts, and onsite and work-at-home operations support. Regardless of the need or situation, Jacobson is the insurance talent solution. Further information is available at jacobsononline.com.
The Jacobson Group
Nicole M. St.Martin, Vice President and Marketing Communications Director
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