“I’m enthusiastic about this new alternative and look ahead to working with this gifted workforce as we drive towards underwriting excellence,” mentioned Hengesbaugh. “In my time with the board, I’ve watched GuideOne evolve and diversify to satisfy the altering calls for of the market.”
Andy Noga, who has been serving as appearing GuideOne CEO for the reason that departure of former boss Jessica Snyder earlier this yr, will return to his former function of basic counsel when Hengesbaugh joins the enterprise.
The CEO announcement comes as Noga has confronted allegations of discrimination and bullying from a former senior member of workers on the enterprise.
Ex-GuideOne SVP Mark Groenheide, who led the enterprise’s specialty apply, has alleged that appearing CEO Noga – then basic counsel – known as him a “f*ggot” at a public dinner occasion final November.
Groenheide, who has launched into a public social media marketing campaign to boost consciousness of his alleged scenario, has claimed he was pushed out from the insurer after making a criticism about Noga’s conduct. That is an allegation that the service has strenuously denied.
The previous SVP is pursing a declare by the Equal Employment Alternative Fee, he beforehand advised Insurance coverage Enterprise.
GuideOne has mentioned that Groenheide was as an alternative dismissed for exceeding his letter of Authority, failing to safe reinsurance on sure accounts, and submitting improper bills.
The insurer has mentioned it is going to reply to Groenheide’s allegations “within the correct discussion board” and has claimed that Groenheide’s bias and discrimination claims have already been investigated by a third-party who discovered they have been “unfounded”.