Old Republic Appoints Chief Operating Officer for Excess & Surplus Division
John Paulk has been appointed Chief Operating Officer of Old Republic Excess & Surplus. The hire signals a strategic focus on strengthening the company's position in specialty insurance markets.
Old Republic International Corporation (NYSE: ORI) has announced the appointment of John Paulk as Chief Operating Officer for its Old Republic Excess & Surplus division. Paulk will report to Ralph Sabbagh, the division's President.
The appointment is part of the company's strategy to bolster its presence in the specialty insurance sector. Excess and surplus lines insurance typically addresses complex or unusual risks not covered by standard insurance policies.
Paulk brings extensive experience from the insurance industry, and his role is expected to drive growth and operational efficiency within the division. Old Republic Excess & Surplus focuses on providing insurance solutions for clients facing unique and hard-to-underwrite risks.
The company continues to invest in the expanding specialty insurance market, a segment characterized by competitive dynamics and consistent demand. Paulk's appointment is anticipated to support Old Republic's objectives in this key business area.