Mercury Normal Company has introduced the appointment of Victor Joseph as president and chief working officer. Joseph has additionally been appointed to the corporate’s board of administrators, with each appointments taking impact Jan. 1.

Joseph is at the moment the corporate’s government vice chairman and COO, a place he has held since 2022. In his new function, he’ll proceed to report back to Mercury CEO Gabriel Tirador.

“This announcement exemplifies Mercury’s continued progress in constructing our management construction and imaginative and prescient for the way forward for the corporate,” Tirador mentioned. “Victor has been a key contributor on Mercury’s management crew, offering artistic problem-solving and a deep-rooted ardour for the corporate. His power and dedication to Mercury and the business will additional strengthen our place as one in every of America’s main insurance coverage firms.”

“Mercury is well-positioned to develop our market share,” Joseph mentioned. “We’re making investments in know-how, expertise and infrastructure that we imagine will give us a aggressive benefit, not simply tomorrow, however properly into the longer term, and I’m very proud to have the ability to lead Mercury’s transformation.”

Joseph joined Mercury in 2009 and has held a wide range of positions, together with chief underwriting officer. In that function, he was instrumental in modernizing the corporate’s underwriting operate. At present, Joseph oversees Mercury’s day-to-day operations, with a lot of the firm’s enterprise models reporting on to him. His father, George Joseph, based Mercury in 1961 and nonetheless holds the title of chairman of the board.

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