Employers Holdings, Inc. Names Stephen V. Festa, Executive Vice President, Chief Operating Officer
RENO, Nev.—(BUSINESS WIRE)—Aug. 20, 2013— Employers Holdings, Inc. (NYSE:EIG) today announced that effective August 25, 2013, Stephen V. Festa will become executive vice president, chief operating officer, overseeing all of EMPLOYERS® workers’ compensation business. Festa currently serves as senior vice president, chief claims officer, a position he has held with EMPLOYERS since 2004. He will be located in EMPLOYERS headquarters in Reno, Nevada.
Festa has over 30 years of experience in the insurance industry, principally in the areas of claims, loss control and premium audit. Additionally, he currently serves as the chairman of the Board of Governors of the California Insurance Guarantee Association (CIGA).
In making today’s announcement, Douglas D. Dirks, president and chief executive officer of Employers Holdings, Inc., said, “We are pleased to have Steve join the executive management team in this critically important role. His highly respected wealth of experience, leadership capabilities, and executive skills will help propel EMPLOYERS to its next level.”
Stephen Festa commented, “I am excited about this opportunity to lead the insurance operations of EMPLOYERS and look forward to continuing and expanding upon the strong track record of success that our organization has achieved over its 100 years of existence.”
Company contact: Mike Paquette
(775) 327-2562 or email@example.com
Investor relations contact: Adam Prior, The Equity Group, Inc.
(212) 836-9606 or firstname.lastname@example.org
About Employers Holdings, Inc.
EMPLOYERS® and America’s small business insurance specialist® are registered trademarks of EIG Services, Inc. Employers Holdings, Inc. is a holding company with subsidiaries that are specialty providers of workers’ compensation insurance and services focused on select, small businesses engaged in low-to-medium hazard industries. The Company operates throughout the United States, with the exception of four states that are served exclusively by their state funds. Insurance is offered through Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company and Cerity Insurance Company, all rated A- (Excellent) by the A.M. Best Company. Not all companies do business in all jurisdictions. See www.employers.com and www.cerity.com for coverage availability.