USAA names new president of P&C insurance coverage

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USAA has introduced the appointment of Randy Termeer (pictured above) as president of property and casualty insurance coverage. Termeer joined USAA in 2017 as senior vp and common supervisor of auto insurance coverage. Most not too long ago, he led the corporate’s acquisition of Noblr and launched small enterprise insurance coverage and the SafePilot program.

Termeer has greater than 20 years of business expertise. Prior to becoming a member of USAA, he served as chief working officer for Chubb’s worldwide accident and well being division. Termeer additionally led product administration for private traces at The Hartford.

“With deep insurance coverage business experience and a robust monitor file of innovating to fulfill the wants of army households, Randy has demonstrated he’s the suitable individual to guide the P&C group into our second century,” mentioned Wayne Peacock, president and CEO of USAA. “He is aware of what it means to serve army households nicely, and his ardour for our mission, our members and our staff is unmatched.”

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“Since the second I walked out of orientation in 2017, I’ve seen my USAA teammates step as much as serve our members by way of important challenges time and time once more,” Termeer mentioned. “Whether it’s the devastation of a hurricane or an unprecedented pandemic, this group has proven resilience and dedication to our noble mission. There is not any group on this planet that’s corresponding to the USAA group, and I’m thrilled to guide this group into our second century of service.”

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