Former USAA Exec Named American Modern President/CEO

Parent company Munich Re has appointed Manny Rios president and CEO of American Modern Insurance Group, effective Nov. 7, 2011.

"Manny brings a strong combination of specialty property/casualty insurance experience, industry knowledge, and business and financial acumen to this important role at American Modern,” said Peter Roder, who is the member of Munich Re's Board of Management responsible for business in North America. “We are charging Manny with driving the strategic vision as well as profitable growth in the personal lines and financial lines divisions. He is an excellent leader with a proven track record, and we welcome him to the team."

Manny Rios takes over the responsibilities of managing American Modern's daily operations from Anthony Kuczinski, Chairman of American Modern, who has served as interim president/CEO since early 2011. Head of Munich Re's property/casualty operations in the United States, Kuczinski is also president and CEO of Munich Reinsurance America, and chairman of Hartford Steam Boiler.

Rios joins American Modern with more than 26 years of experience in insurance, most recently serving as SVP and chief underwriter officer at USAA. Previous to USAA, Rios held various leadership roles at Allstate Insurance and Homesite Group.

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