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Stock impact report

Global Indemnity Group, LLC Appoints President and Chief Executive Officer of Penn-America Underwriters, LLC

Global Indemnity Group, LLC Class A (DE) (GBLI) 
Company Research Source: Business Wire
WILMINGTON, Del.--(BUSINESS WIRE)--Global Indemnity Group, LLC (NYSE:GBLI) (“GBLI”), today announced the appointment of Praveen K. Reddy as the new President/CEO of Penn-America Underwriters, LLC. Penn-America Underwriters is a new formed subsidiary, and is GBLI’s distribution and specialized services group that focuses on the underwriting, growth and distribution of insurance products, technology services, and claims services. This was formed following an internal reorganization that was announced earlier this year, code named Project Manifest. Mr. Reddy will be reporting directly to Joseph W. Brown, Chief Executive Officer of Global Indemnity Group, LLC.Mr. Brown states, “I am delighted to have Praveen join GBLI as the leader of our new su Read more
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