Fireman’s Fund Insurance Company Names Walter Grote Commercial Insurance Field Executive

25-year Industry Veteran to Lead Commercial Insurance Offering

Business Wire

NOVATO, Calif.--(BUSINESS WIRE)--

Fireman’s Fund Insurance Company announces the appointment of Walter Grote to the position of commercial insurance field executive.

In this national role, Grote will lead Fireman’s Fund Commercial Insurance operations, including middle market, small business, farm & ranch, property and excess. Grote will be responsible for leveraging Fireman’s Fund superior claims service and commercial coverage offerings, while building deeper relationships with Fireman’s Fund’s agent and broker partners.

“Walter is a 25-year industry veteran and the rare type of insurance executive who has wide ranging leadership and business experience,” said Kathleen O. Zortman, chief field executive for Fireman’s Fund. “He’s uniquely qualified to deliver on our value proposition in Commercial by bringing his expertise and experience to our brokers and underwriters as they work together to develop insurance solutions that address their clients’ unique needs and risk profiles.”

A highly regarded commercial insurance professional, Grote joins Fireman’s Fund as the carrier continues to strengthen and deepen its commercial insurance management team. Grote moves from Travelers Insurance Company after most recently serving as vice president, Business Insurance - Operating Model.

Over his career, he held a variety of other senior leadership positions within Travelers, including chief underwriting officer and chief operating officer for middle market commercial accounts. He also led the Bond & Financial Products unit within Travelers’ Financial Institutions business.

Walter’s experience building and leading winning insurance teams within a world-class organization will be a valuable asset to Fireman’s Fund and the company’s agent and broker network.

“I’m excited to be taking the helm of the commercial field division at Fireman’s Fund,” said Walter Grote, Fireman’s Fund field executive for Commercial Insurance. “Fireman’s Fund is an iconic brand with a rich history in the commercial insurance industry. I look forward to working with Fireman’s Fund’s agents and brokers across the country to provide their clients with customized insurance solutions.”

Grote will be based in the company’s Chicago office and will report to Zortman.

Grote earned a Bachelor of Science in Finance and Marketing from the University of Richmond. He has held a variety of leadership positions with the Professional Liability Underwriters Society (PLUS) including as Member Board of Trustees (Treasurer), 2008 – 2010, Content Committee Co-Chair Plus National Conference, 2009 and Professional Liability Symposium Co-Chair, 2006 – 2009.

About Fireman’s Fund Insurance Company

Founded in 1863, Fireman’s Fund Insurance Company recently celebrated its 150th anniversary as a premier property and casualty insurance company providing personal and commercial insurance products backed by industry-leading claims and risk management solutions. Fireman’s Fund is a leader in high net worth, entertainment, and green insurance. Since 2004, the company has donated more than $31 million in grants to local fire departments across the U.S. as part of its commitment to safer communities. Fireman’s Fund is a member of the Allianz Group, one of the world’s largest providers of property and casualty insurance, ranked 31st on Fortune’s Global 500 list of the world’s largest corporations. For additional information, visit www.firemansfund.com.

© 2014 Fireman’s Fund Insurance Company, Novato, CA 94928

Contact:
Fireman’s Fund Insurance Company
Janet Ruiz, 415-899-5381
jruiz@ffic.com
or
Richard Manson, 415-899-4072
rmanson@ffic.com
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