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Spencer Re Selects New CEO

December 30, 2014

NEW YORK and SAN JUAN — Spencer Re, a Spencer Capital Holdings company, announced that Tina Youngblood Mallie has joined the firm as CEO. Mallie also serves as vice chair of Spencer Capital Holdings.

“Tina’s reputation and experience in the insurance industry is exceptional, and we are confident that her leadership will spur expansion and growth at Spencer Re,” said Ken Shubin Stein, chairman of Spencer Capital Holdings. “There are many opportunities in the market that Tina is well-positioned to capitalize on.”

Mallie joins Spencer Re most recently from claims management firm Cunningham Lindsey, where she served as the U.S. CEO. Mallie also worked at Zurich Insurance Group for more than 10 years, where she became the first woman to lead the largest business unit for Zurich in North America. As president of programs and direct markets for Zurich North America Commercial, Mallie was responsible for more than 800 people across the U.S. In her previous role as Head of Direct Markets, she was responsible for overseeing Zurich’s insurance offerings in the automotive F&I business. Mallie’s other roles at Zurich included head of construction services, chief administrative officer for ZNAC, and chief of staff to the global chief administrative officer.

Before joining Zurich, Mallie served as chief of staff, global partner affairs leader for PricewaterhouseCoopers LLP. She began her career as an associate professor of accounting with tenure for Miami University.

“Having served as Vice Chairman of the holdings company for several years I recognize the potential that Spencer has, and know that under Ken’s leadership we will continue to grow the company successfully in the Berkshire Hathaway style,” said Mallie. “As CEO of Spencer Re, I plan on not only helping to grow the reinsurance business but also fostering the culture of high integrity that drew me to the firm in the first place.”

 

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