Donegal Insurance Group Taps David Sponic to Lead Personal Lines Division
29 Junho 2022 - 9:00AM
Donegal Insurance Group®, which consists of Donegal Mutual
Insurance Company and the insurance subsidiaries of Donegal Group
Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB), announced today that David
W. Sponic, CPCU, CIC, has been named Senior Vice President of
Personal Lines.
Sponic succeeds longtime SVP of Personal Lines Jeff Jacobsen,
who will transition into an advisory role leading up to his
retirement in early 2023. Sponic previously led Donegal’s Personal
Lines Marietta Marketing and Home Office Underwriting Operations. A
Penn State graduate, he began his career with Donegal in 1990 as a
Personal Lines Underwriter and, in the decades since, has played a
critical leadership role in nearly every strategic Personal Lines
initiative. Among them: the recent introduction of a new suite of
Personal Lines products, a new agency portal and a new policy
administration system – all of which were critical investments for
the future success of Personal Lines.
“As we move into the future, no one knows more about the
detailed operations of Personal Lines at Donegal than Dave, who has
played a critical role in designing, building and leading just
about every function over the last three decades,” said Jeffery T.
Hay, Senior Vice President & Chief Underwriting Officer for
Donegal Insurance Group. “Dave is well respected by our internal
team, and externally, amongst peers and agents. His robust industry
knowledge, leadership and strategic perspective will position
Donegal well to navigate the highly competitive and ever-changing
Personal Insurance marketplace.”
Based in Donegal's Marietta, Pa. Home Office, Sponic holds his
Pennsylvania Property & Casualty license and serves as the Vice
Chairman of the PA FAIR Plan Board and former chairman of the
Mutual Inspection Bureau Board.
Jacobsen’s retirement will cap more than 40 years in the
insurance industry – including three decades with Donegal, where
his expertise has propelled Donegal’s Personal Lines operations to
continued success.
About the Company
Donegal Group Inc. is an insurance holding
company whose insurance subsidiaries and affiliates offer
commercial and personal property and casualty lines of insurance in
24 Mid-Atlantic, Midwestern, New England, Southern and Southwestern
states. Donegal Mutual Insurance Company and its insurance
subsidiaries conduct business together with the insurance
subsidiaries of Donegal Group Inc. as the Donegal Insurance Group.
The Donegal Insurance Group has an A.M. Best rating of A
(Excellent).
The Class A common stock and Class B common
stock of Donegal Group Inc. trade on the NASDAQ Global Select
Market under the symbols DGICA and DGICB, respectively. The Company
is focused on several primary strategies, including achieving
sustained excellent financial performance, strategically
modernizing its operations and processes to transform its business,
capitalizing on opportunities to grow profitably and delivering a
superior experience to its agents and customers.
For Further Information:
Jeffrey D. Miller, Executive Vice President
& Chief Financial Officer Phone: (717) 426-1931E-mail:
investors@donegalgroup.com
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