NCCI chief to retire in 2025

The Nationwide Council on Compensation Insurance coverage (NCCI) has introduced that its president and CEO, Invoice Donnell, might be retiring in February 2025.

Donnell (pictured) joined NCCI in 2015. His tenure as president and CEO has been credited as a pivotal time for the group, with NCCI transferring in the direction of a extra revolutionary and thought-leading place throughout the business.

Brandon Fick, NCCI board chair and chief underwriting officer at Liberty Mutual International Threat Options North America, spoke of Donnell’s contributions in an emailed information launch.

“The NCCI board thanks Invoice for his management and repair throughout his excellent tenure as head of the group,” mentioned Fick. “Below his watch, the group continues to ship unwaveringly on its promise to its stakeholders and bravely took on subjects and challenges to assist lead the business into the a long time forward. However maybe what’s most spectacular is the good humanity and coronary heart he shows as a frontrunner, genuinely caring a fantastic deal for the individuals he leads.”

With Donnell’s retirement on the horizon, the NCCI board has begun getting ready for a management transition by making a search committee to guage potential successors.

“The board views NCCI’s administration crew as a proficient and extremely succesful group, from the manager degree on down by means of the group,” Fick mentioned additional. “Their deep subject-matter experience and powerful tradition are usually not solely NCCI’s largest strengths, however in addition they improve our skill to draw the most effective prospects for the president and CEO position. We’re dedicated to discovering a frontrunner who’s the fitting match for this distinctive establishment.”

Donnell is about to retire after over three a long time within the business. Earlier than becoming a member of NCCI, he was the president of Swiss Re’s property and casualty reinsurance enterprise. He holds a bachelor’s diploma in administration and labor relations from Colorado State College. He additionally accomplished the Kellogg Govt Program at Northwestern College and has a Chartered Property Casualty Underwriter (CPCU) designation.

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