Kinsale Capital Group Announces New Board Member

Rhea-AI Summary

Kinsale Capital Group (NYSE: KNSL) has appointed Mary Jane B. Fortin to its Board of Directors, effective October 1, 2024. This appointment increases Kinsale's total board membership from nine to ten. Fortin brings over 30 years of experience in the financial services industry, having held executive leadership roles at major companies.

Fortin most recently served as President and Chief Commercial Officer of Thrivent Financial, a Fortune 500 company. Prior to that, she was President of Allstate Financial from 2015 to 2020. She has also held leadership roles at AIG and The Hartford. Fortin holds a bachelor's degree in accounting from the University of Connecticut and an MBA from the Wharton School of the University of Pennsylvania. She is also a certified public accountant.

Positive

• Appointment of experienced financial services executive to the board
• Expansion of board membership from nine to ten members
• Addition of expertise in insurance and wealth management

Negative

• None.

RICHMOND, Va.--(BUSINESS WIRE)-- Kinsale Capital Group, Inc. (NYSE: KNSL) today announced the appointment of Mary Jane B. Fortin to its Board of Directors, effective October 1, 2024. This appointment increases Kinsale’s total board membership from nine to ten.

"We are delighted to welcome Mary Jane to Kinsale’s board. She brings extensive leadership and a deep background in the financial services industry," said Michael P. Kehoe, Chairman of the Board and Chief Executive Officer at Kinsale. "We look forward to her contributions as we continue to execute our strategy, drive profitability and deliver long-term stockholder value."

Fortin brings over 30 years of experience to Kinsale’s Board of Directors, holding executive leadership roles with some of the largest companies in the financial services industry. Fortin most recently served as President and Chief Commercial Officer of Thrivent Financial, a Fortune 500 company, where she was responsible for leading the insurance and wealth management businesses, with an emphasis on transforming its go-to-market strategy. Prior to joining Thrivent in 2020, Fortin was President of Allstate Financial, which included Allstate’s life, retirement and benefits businesses from 2015 to 2020. Earlier in her career, Fortin held leadership roles at several other financial services organizations including American International Group, Inc. (AIG) and The Hartford. Fortin began her career in public accounting with Arthur Andersen. Fortin earned a bachelor’s degree in accounting from the University of Connecticut and an MBA from the Wharton School of the University of Pennsylvania. She is also a certified public accountant.

About Kinsale Capital Group, Inc.

Kinsale Capital Group, Inc. is a specialty insurance group headquartered in Richmond, Virginia, focusing on the excess and surplus lines market.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241003511651/en/

Bryan Petrucelli

Executive Vice President, Chief Financial Officer and Treasurer

(804) 289-1272

ir@kinsalecapitalgroup.com

Source: Kinsale Capital Group, Inc.

FAQ

Who is the new board member appointed to Kinsale Capital Group (KNSL)?

Mary Jane B. Fortin has been appointed to Kinsale Capital Group's Board of Directors, effective October 1, 2024.

What is Mary Jane B. Fortin's background in the financial services industry?

Fortin has over 30 years of experience, including roles as President and Chief Commercial Officer of Thrivent Financial and President of Allstate Financial. She has also held leadership positions at AIG and The Hartford.

How many members are now on Kinsale Capital Group's (KNSL) board after this appointment?

With the appointment of Mary Jane B. Fortin, Kinsale Capital Group's board membership has increased from nine to ten members.

When will Mary Jane B. Fortin join Kinsale Capital Group's (KNSL) board?

Mary Jane B. Fortin will join Kinsale Capital Group's Board of Directors effective October 1, 2024.