NCCI chief to retire in 2025

The National Council on Compensation Insurance (NCCI) has introduced that its president and CEO, Bill Donnell, might be retiring in February 2025.

Donnell (pictured) joined NCCI in 2015. His tenure as president and CEO has been credited as a pivotal time for the group, with NCCI shifting in direction of a extra revolutionary and thought-leading place throughout the business.

Brandon Fick, NCCI board chair and chief underwriting officer at Liberty Mutual Global Risk Solutions North America, spoke of Donnell’s contributions in an emailed information launch.

“The NCCI board thanks Bill for his leadership and service during his outstanding tenure as head of the organization,” stated Fick. “Under his watch, the organization continues to deliver unwaveringly on its promise to its stakeholders and bravely took on topics and challenges to help lead the industry into the decades ahead. But perhaps what is most impressive is the great humanity and heart he displays as a leader, genuinely caring a great deal for the people he leads.”

With Donnell’s retirement on the horizon, the NCCI board has begun making ready for a management transition by making a search committee to guage potential successors.

“The board views NCCI’s management team as a talented and highly capable group, from the executive level on down through the organization,” Fick stated additional. “Their deep subject-matter expertise and strong culture are not only NCCI’s biggest strengths, but they also enhance our ability to attract the best prospects for the president and CEO role. We are committed to finding a leader who is the right fit for this unique institution.”

Donnell is about to retire after over three many years within the business. Before becoming a member of NCCI, he was the president of Swiss Re’s property and casualty reinsurance enterprise. He holds a bachelor’s diploma in administration and labor relations from Colorado State University. He additionally accomplished the Kellogg Executive Program at Northwestern University and has a Chartered Property Casualty Underwriter (CPCU) designation.

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