Election shines a light on the important role Sentry plays within the property and casualty industry
The Property Casualty Insurers Association of America (PCI) has named Pete McPartland, Sentry chairman of the board, president, and CEO, as chair of PCI’s Board of Governors.
PCI is the industry’s most effective and diverse trade association—it advocates public policy positions for its nearly 1,000 member companies in all 50 states and on Capitol Hill. Sentry has been a member of PCI since 2012. Pete was first elected to the PCI Board of Governors in 2016 as second vice chair.
In his new role, McPartland will be called upon to be the face and voice of the industry with key stakeholders throughout the nation and world—including testifying in front of Congress on crucial industry issues.
“We’re pleased to welcome Pete as PCI’s board chair,” said David A. Sampson, president and CEO of PCI. “Property casualty insurers are operating in an era of unparalleled disruption and promise. Rapidly changing technology, demographics, and geopolitics will continue to present challenges and opportunities. PCI’s value proposition is to be an integral part of member companies’ enterprise risk management for legislative, regulatory, and political risk. The board leadership and PCI staff are committed to delivering upon and expanding our value proposition.”
McPartland’s role as the primary representative of the industry through its largest trade association will shine a light on the important role Sentry plays within the property and casualty industry. His term is for one year.
PCI promotes and protects the viability of a competitive private insurance market for the benefit of consumers and insurers. PCI is composed of approximately 1,000 member companies and 340 insurance groups, representing the broadest cross section of home, auto, and business insurers of any national trade association. PCI members represent all sizes, structures, and regions, which protect families, communities, and businesses in the U.S. and across the globe. PCI members write $245 billion in annual premium, which is 38 percent of the nation's property casualty insurance marketplace.
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At Sentry, we understand what you’re looking for in an insurance company. Because we’ve been there ourselves. We got our start in 1904, when members of the Wisconsin Retail Hardware Association formed their own insurance company. But it was the true strength of personalized care and Midwest roots that became hallmarks of the Sentry name.
Since then—never forgetting our roots—we’ve grown to become one of the largest and most financially secure mutual insurance companies in the nation. With more than $17.3 billion in assets, more than $5.1 billion in policyholder surplus**, and an A+ (superior) rating from A.M. Best*, the industry’s leading rating authority, we provide peace of mind to about one million customers.
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**Assets and policyholder surplus as of December 31, 2017, and represent the aggregate total for all members of the Sentry Insurance Group and are not reflective of any individual underwriting company.