Former California Earthquake Authority CEO Glenn Pomeroy Joins GeoVera

Pomeroy will serve as Executive Vice President of Marketing and Regulatory Affairs at GeoVera Insurance Holdings, effective Feb. 1.

(Glenn Pomeroy, EVP, Marketing and Regulatory Affairs, GeoVera. Image source: GeoVera.)

GeoVera Insurance Holdings, Ltd. (Fairfield, Calif.), a provider of specialty property insurance, has announced that Glenn Pomeroy, longtime CEO of the California Earthquake Authority (CEA, Sacramento), will join GeoVera as its Executive Vice President of Marketing and Regulatory Affairs, effective February 1, 2024.

John Forney, President & CEO, GeoVera.

Pomeroy has over 30 years’ experience in the insurance industry, including serving for eight years as the North Dakota Insurance Commissioner and over 15 years as the CEO of the CEA. He also served a term as President of the National Association of Insurance Commissioners (NAIC). At the CEA, Pomeroy led marketing efforts that helped grow policies in force from 779,000 to over 1.1 million while increasing the CEA’s claims-paying capacity from $9.4 billion to over $20 billion.

“We are thrilled to have Glenn join us,” comments John Forney, President & CEO, GeoVera. “For more than 15 years, Glenn has led the CEA with a passion and vision to grow the number of Californians covered by earthquake insurance. I know him to be a great leader and teammate and look forward to the contributions he will make as we continue to grow our earthquake insurance business.”

Natural Continuation

“Joining GeoVera is a natural continuation of this phase of my career in the California earthquake insurance industry,” comments Pomeroy. “GeoVera has been writing earthquake insurance in California since before the CEA was formed, and this is GeoVera’s core business. I am grateful for the success we had at the CEA in covering more Californians for this risk and look forward to helping GeoVera continue to move forward.”

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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