– USA, IA – United Fire Group, Inc. (Nasdaq: UFCS) today announced the appointments of Mark Green and Matt Foran to its Board as new independent Directors, effective February 18, 2022.
About Mark A. Green
Mark Green is an operating partner at Vistria Group, a private equity firm in Chicago, IL. Green has an extensive background in the insurance sector. Before joining Vistria Group in 2021, he served as EVP of business development and reinsurance, and EVP and president of life and health at Kemper Corporation. From 2009 to 2016, Green gained valuable experience in various roles at Allstate Corporation, including as VP and SVP at Allstate Financial, president of Ivantage from 2013 to 2015, president of Allstate Dealer Services from 2014 to 2015, and president of Encompass Insurance Company from 2015 to 2016. Before joining Allstate, Green worked for various other companies in the insurance industry from 1995 to 2009.
He holds a bachelor’s degree from Macalester College and a master of business administration degree from Columbia University. Green has been appointed to serve on the board’s Risk and Compensation and Human Capital Committees of the UFG board.
About Matthew R. Foran
Matt Foran is co-founder and president of Stoic Lane, Inc., a private holding company in Chicago, IL. His strengths include his extensive experience in the insurance technology sector. From 2018 to April of 2021, he led the alternative distribution division of The Hartford Insurance Group. Foran’s background includes serving as leader of IVANS Marketplace at Applied Systems from 2015 to 2018; CEO at EvoSure, LLC, an insurance technology company, from 2012 to 2015; director of the strategy and operational planning and execution at Zurich North America from 2009 to 2012; and in a business development role at Marsh USA, Inc. from 2004 to 2009.
Foran graduated from the University of Illinois with a degree in Economics. Foran has been appointed to serve on the board’s Risk and Investment Committees.
About United Fire Group, Inc.
Founded in 1946 as United Fire & Casualty Company, UFG, through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance.
Through our subsidiaries, we are licensed as a property and casualty insurer in 50 states, plus the District of Columbia, and we are represented by approximately 1,000 independent agencies. A.M. Best Company assigns a rating of “A” (Excellent) for members of the United Fire & Casualty Group.
For more information: https://www.ufginsurance.com/
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