– USA, MA – Safety Insurance Group, Inc. (NASDAQ: SAFT) today announced the appointments of Charles Brophy and Dennis Langwell to its Board of Directors, effective May 17, 2023.
The company also announced the retirement of current Board Chair David Brussard from the Board of Directors at the end of his term.
The Board of Directors has elected Mr. Murphy to serve as the Chairman of the Board, effective May 17, 2023, in addition to continuing as CEO and President.
About Charles J. Brophy
Charles Brophy joins the Board with over 30 years of experience in the insurance industry. He currently serves as the Regional President (US East) of HUB International and has extensive commercial and personal sales development and management experience.
Over his 22 years with HUB International, he has led significant growth from an agency with commission revenue of $12 million and 50 employees into their current insurance agency with over $225 million in commission revenue and 800 employees operating in Massachusetts, Connecticut, Maine, Rhode Island, and Vermont. Mr. Brophy has been involved in numerous acquisitions of independent agencies and other service entities that add to the products and offerings that HUB International makes available to its clients. Before joining HUB International, Mr. Brophy was a director at Bain Hogg Robinson, LLC, and began his career in commercial lines underwriting with the Travelers Insurance Company.
Mr. Brophy was the 2016 Massachusetts Insurance Professional of the Year and has served on various Advisory Councils for the Hartford Insurance Group, Arbella Mutual Insurance, and Hanover Insurance Group. He is also a board member of the Insurance Library Association of Boston.
About Dennis J. Langwell
Dennis J. Langwell served as President of Global Risk Solutions in addition to EVP and CFO at Liberty Mutual Insurance. As CFO, he guided strategy to ensure financial stability and profitability and oversaw nearly 20 acquisitions that assisted the organization in growing its premium from $15 billion to $42 billion. In addition to leading Liberty’s corporate accounting and reporting, he was active in the organization’s reinsurance purchasing, corporate actuarial, taxes, and merger and acquisition areas. He collaborated with the board of directors on various topics, including creating a framework for a risk committee that leveraged the Enterprise Risk Management function. Mr. Langwell began his career with KPMG and has over 38 years of insurance and finance experience at different carriers.
Mr. Langwell is a trustee for Providence College, where he received his Bachelor of Science in Accounting. Mr. Langwell qualifies as an “Audit Committee Financial Expert” as defined by the U.S. Securities and Exchange Committee rules.
About Safety
Safety Insurance Group, Inc., based in Boston, MA, is the parent of Safety Insurance Company, Safety Indemnity Insurance Company, Safety Property and Casualty Insurance Company, Safety Northeast Insurance Company, and Safety Northeast Insurance Agency. Operating exclusively in Massachusetts, New Hampshire, and Maine, Safety is a leading writer of property and casualty insurance products, including private passenger automobiles, commercial automobiles, homeowners, dwelling fire, umbrella, and business owner policies.
For more information: http://www.safetyinsurance.com/
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