Omaha National Group, Inc., a workers' compensation insurance provider, has appointed Joan Klucarich as chief actuary.
Klucarich joins the company from Risk & Regulatory Consulting, where she served as actuarial manager. Her previous roles include chief reserving actuary at Applied Underwriters and actuarial director for Fireman's Fund Insurance Company.
She holds credentials as a fellow of the Casualty Actuarial Society and is a member of the American Academy of Actuaries.
“As our organization expands the business that we write directly, Joan’s deep experience in commercial insurance and in workers’ compensation makes her a highly valuable member of Omaha National’s executive team,” said Reagan Pufall, president and CEO of Omaha National.
“Omaha National is a proven innovator and a highly respected carrier in the workers’ compensation industry,” Kluracich said. “I’m delighted to be joining Reagan and his team as we continue to grow the size and scope of the company.”
Omaha National, founded in 2016, focuses on providing workers' compensation coverage to small and mid-size companies facing higher injury risks due to manual labor and hands-on work. The company operates through a network of more than 2,500 agencies, leveraging proprietary software to boost its operational capabilities.
The firm has recently secured funding of $105 million from several investors. The funding consortium comprises lead investor Agman alongside others like Accomplice, HighSage Ventures, Tull Investments, and Cohen & Co.
The company currently employs over 200 with more than $190 million of in-force premiums. Its coverage maintains an AM Best A- (Excellent) rating.
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