Exhibit 99.1
PRESS RELEASE
Stephen W. Ries
Head of Investor Relations
(610) 668-3270
sries@global-indemnity.com
Global Indemnity Group, LLC Names Reiner R. Mauer Chief Operations Officer of Global Indemnity’s Insurance Businesses
Bala Cynwyd, Pennsylvania, (May 17, 2021) – Global Indemnity Group, LLC (NASDAQ:GBLI) (the “Company”), parent company of specialty property and casualty insurance providers Penn-America Group®, United National Group®, Diamond State Group®, American Reliable Insurance Company®, and Collectibles Insurance Services™ today announced the appointment of Reiner R. Mauer as the chief operations officer of Global Indemnity’s insurance businesses and the Company’s principal operating officer.
Mr. Mauer is a 29-year veteran property & casualty insurance industry senior executive, with expertise in commercial and personal lines insurance, specialty insurance and operations. Prior to joining Global Indemnity, Mr. Mauer served for sixteen years at Berkshire Hathaway’s (NYSE: BRK) United States Liability Insurance Company (USLI), most recently as President of the Property/Casualty Division. Prior to USLI, Mr. Mauer served as Senior Vice President of Business Operations and as a member of the senior management team at Talk America Holdings, Inc. Previously, he was with Old Guard Insurance Group for 13 years and during that time served as Executive Vice President for Personal Lines. Mr. Mauer earned a Bachelor of Arts degree from Widener University. He also earned a Juris Doctor degree from Widener University School of Law and is a member of the Pennsylvania Bar. Mr. Mauer holds the Chartered Property Casualty Underwriter (CPCU), Associate in Surplus Line Insurance and Associate in Claims designations.
David Charlton, chief executive of Global Indemnity’s insurance businesses and the Company’s principal executive officer, stated: “Reiner’s extensive background in commercial, personal lines and specialty products along with his experience in driving technology efficiencies and innovation across multiple platforms and divisions makes him an ideal fit for this role. I am confident Reiner will make a significant contribution to Global Indemnity’s drive for profitable and sustainable growth in the years to come.” Saul Fox, the Company’s chairman, added: “We are thrilled that Reiner Mauer will be Global Indemnity’s COO reporting directly to David Charlton, Global Indemnity’s CEO. Again and again over his storied career, Reiner Mauer carefully grew and skillfully managed decidedly successful specialty insurance companies.”
About Global Indemnity Group, LLC and its subsidiaries
Global Indemnity Group, LLC (NASDAQ: GBLI), through its several direct and indirect wholly owned subsidiary insurance companies, provides both admitted and non-admitted specialty property and specialty casualty insurance coverages and individual policyholder coverages in the United States, as well as reinsurance worldwide. Global Indemnity Group, LLC’s four primary segments are:
