Cincinnati insurance chief to step down; prompts leadership reshuffle

Jacob Scherer, Jr., chief insurance officer and executive vice president of property/casualty insurance group The Cincinnati Insurance Company, is to retire in August 2019.

Scherer's departure has prompted several leadership changes at the insurer, effective Jan. 1, 2019.

Cincinnati said Stephen Spray, senior vice president – commercial lines, will become chief insurance officer and assume executive oversight of the company's property casualty insurance operations. Spray has 30 years of insurance experience, having served as an agent, an underwriter and a field marketing representative. He also helped establish the company's excess and surplus lines operations, created the target markets division and led property casualty sales and marketing.

Sean Givler, CIC, CRM, senior vice president – sales and marketing, will assume leadership of the company's commercial lines operations. Givler has held a variety of positions of increasing responsibility over his more than 20 years with the company in underwriting and field sales. Most recently, he was the senior executive responsible for relationships with the company's independent agents and for the execution of its field strategy.

Finally, Angela Delaney, assistant secretary – sales field, will assume leadership of propert/casualty insurance sales and marketing operations. Delaney currently oversees field marketing representatives and agency relationships in Idaho, Iowa, Montana, Oregon, South Dakota and Washington. She joined the company in 1998. Since then, Delaney has held positions of increasing authority and responsibility in field sales and was appointed as an officer of Cincinnati Insurance earlier this year.

Steven Johnston, president and CEO, commented: "Uniting our property casualty operations under J.F.'s leadership fostered a high level of collaboration that's allowed our company to advance our growth, our profitability and our service to agents.

"Thanks to his guidance, we have a new generation of leaders ready to keep the company moving forward – leaders who he instilled with the clear understanding of the advantages we earn through our unwavering support of the independent agency system."

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