Appointee may also retain her present position
Nationwide has appointed Amber Wayne (pictured) to steer its extra and surplus P&C packages.
With this appointment, Nationwide’s employees compensation packages, property packages and casualty packages will report by way of Wayne.
She may also retain her position as the pinnacle of Nationwide’s specialty {and professional} legal responsibility packages, which she has been main since August 2022.
“Amber will likely be targeted on continued profitable growth across our programs portfolio in addition to the expertise and management improvement wanted to satisfy the altering expectations of our distribution companions and prospects,” mentioned John Lopes, govt vp of packages & different danger.
Wayne has over 27 years of intensive expertise within the insurance coverage business. This features a confirmed observe document in strategic planning, monetary administration, and collaboration with a number of enterprise models and departments.
She has held numerous key positions inside Nationwide, together with vp and chief monetary officer of Nationwide E&S/Specialty and vp of operations for Nationwide Non-public Shopper. Her previous expertise additionally consists of finance AVP roles supporting contract, brokerage, MLS, and personal shoppers.
Wayne has an undergraduate diploma from Oregon State College and a grasp’s diploma from Arizona State College.
In different Nationwide information, the insurance coverage supplier just lately launched survey findings indicating that about two-thirds of small and middle-market business owners expect a recession within the subsequent six months. Moreover, 72% mentioned they anticipate financial circumstances would be the similar and even worse than the Nice Recession between 2007 and 2009.
Amid these issues, Nationwide discovered that slicing prices is a high precedence for 63% of small companies and 49% of mid-market companies, with some stating that they’ve requested their agent to requote their coverage with totally different carriers to discover a higher deal.
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