Dynamic Leader Eric Coleman Takes Helm as President of Farmers’ Business Insurance Division
Highlights
- Farmers Insurance appoints Eric Coleman as President of the Business Insurance Division.
- Coleman brings over 20 years of industry experience to his new role.
- He will report directly to CEO Raul Vargas and lead commercial underwriting, product strategy, and market exploration.
- CEO Vargas praises Coleman’s leadership and expects him to strengthen and capitalise on business insurance opportunities.
In a move signalling a strategic shift, Farmers Insurance has named Eric Coleman as the President of its Business Insurance division, a decision poised to invigorate the company’s commercial arm.
Coleman’s appointment marks a significant milestone for Farmers, underscoring its commitment to fortifying its presence in the competitive landscape of business insurance.
With over two decades of industry experience under his belt, Coleman emerges as a formidable force poised to steer farmers towards new heights of success.
In his new capacity, Coleman will serve as a pivotal figure, reporting directly to Raul Vargas, the CEO of Farmers.
His mandate encompasses a comprehensive array of responsibilities, ranging from commercial underwriting and product development to strategic initiatives and market exploration.
Coleman’s strategic acumen and seasoned leadership are set to shape the trajectory of Farmers’ business insurance operations, positioning the company for sustained growth and profitability.
Prior to assuming this role, Coleman held key positions at prominent industry players, including Nationwide and Travellers Insurance.
During his tenure at Nationwide, he distinguished himself as the Senior Vice President of Small Business Insurance, overseeing a multifaceted portfolio and steering regional operations to success.
His tenure at Nationwide was marked by strategic vision and operational excellence, setting the stage for his transition to Farmers.
Raul Vargas, according Reinsurance News, in lauding Coleman’s appointment, underscores the pivotal role he is poised to play in driving Farmers’ business insurance agenda forward.
Vargas highlights Coleman’s stellar track record of delivering tangible results and reshaping market strategies, affirming his confidence in Coleman’s ability to lead farmers to new heights.
“Eric is a seasoned leader with a proven track record of adding to an organisation’s bottom line and helping to reshape go-to-market strategies,” Vargas remarks, encapsulating the sentiment of anticipation surrounding Coleman’s appointment.
He expresses optimism about the transformative impact Coleman is poised to deliver, citing his profound expertise and strategic foresight as key assets for Farmers’ future endeavours in the business insurance domain.
As Coleman assumes his new role, the industry watches with keen interest, poised to witness the unfolding of a new chapter in Farmers’ Journey.
With his leadership at the helm, Farmers is primed to navigate the complexities of the business insurance landscape with agility and innovation, solidifying its position as a formidable player in the market.
The appointment of Eric Coleman underscores Farmers’ unwavering commitment to excellence and innovation, setting the stage for a period of dynamic growth and evolution in its business insurance division.
As Coleman steps into his new role, he brings with him a wealth of experience, a visionary outlook, and a relentless drive for success, poised to chart a course toward a future defined by resilience, adaptability, and unwavering excellence.
