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"By selecting someone of Simon Noonan's professional caliber, experience level and impressive professional and education background to such a critically important position, we are sending a strong signal that Farmers Insurance is very, very serious about its commitment to selling and servicing insurance to small businesses all across the United States," stated Mhayse Samalya, executive vice president of Farmers Group, Inc., and president of Farmers Business Insurance.
Mr. Noonan joined Bristol West Holdings, Inc. in 2002 as Senior Vice President - Actuarial Product, and was promoted to Executive Vice President in May 2005. He became COO in July 2006 and President & CEO in February 2008, and in addition, served as an SVP of Farmers Group, Inc.
Prior to joining Bristol West, Mr. Noonan provided actuarial and merger & acquisition services, with a focus mainly on non-life insurance companies for Metis Financial LLC, a consulting firm.
Mr. Noonan joined KPMG LLP as a consulting actuary in 1991. He served as a Senior Manager and Director in KPMG's New York and Atlanta offices, providing a variety of consulting services to non-life insurance companies through 1997.
A native of England, Mr. Noonan holds a Bachelor of Arts in Mathematics from Oxford University and a Masters Degree in Business Administration from Harvard University, Cambridge, Massachusetts. He is a Fellow of the Institute of Actuaries and a member of the American Academy of Actuaries.
Mr. Noonan will relocate to Southern California with his wife Catherine Lidy and their two children, Henry and George.
Farmers Group, Inc. is a wholly owned subsidiary of Zurich Financial Services, an insurance-based financial services provider with a global network of subsidiaries and offices in North America and Europe as well as in Asia Pacific, Latin America and other markets. Farmers(R) is the nation's third-largest Personal Lines Property & Casualty insurance group. Property and casualty products are underwritten and issued by the Farmers Exchanges and their subsidiaries, which Farmers Group, Inc. manages but does not own. Headquartered in Los Angeles, Farmers insurers provide Homeowners, Auto, Business, Life insurance and financial services to more than 10 million households. For more information about Farmers, visit our Web site at www.farmers.com.
SOURCE: Farmers Insurance Group
Farmers Insurance Group Jerry Davies, 213-400-4459 jerry.davies@farmersinsurance.com
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