Builders Insurance Group Appoints David J. Jasmund as New Chair

Builders Insurance Group has appointed David J. Jasmund as the new Chair of its Board of Directors, marking a significant leadership transition during a pivotal time in the insurance sector.

Jasmund has been an integral member of the Builders Board since 2009. His longstanding involvement, including roles as Chair of the Audit Committee and positions on the Management Development & Compensation and Corporate Governance Committees, underscores his deep understanding of the company's strategic objectives. According to Todd Campbell, President and CEO of Builders, Jasmund’s experience provides valuable insights into both the company’s legacy and future path, complementing his robust background in insurance and financial services. As a founding partner of PCE Investment Bankers, Inc., Jasmund’s expertise extends to mergers, acquisitions, and strategic financial transactions—skills that are instrumental as Builders continues to navigate a competitive insurance market.

The transition follows the retirement of Charles M. "Charley" Potok, who served as Chair for three years of his 13-year Board tenure. Builders, based in Atlanta, specializes in workers' compensation and commercial insurance, operating through independent agents across the Southeast and beyond. Known for its commitment to safety and operational excellence, Builders holds an "A" rating from AM Best and has been recognized as a top workplace. The company’s continued success will benefit from Jasmund's leadership, which is also informed by his active participation on nonprofit and community boards, and his qualifications from the University of Florida.

Jasmund’s Vision and Strategic Outlook

Taking the helm as Chair, Jasmund expressed eagerness to collaborate with Builders’ leadership team and directors to further advance the company’s strategic goals. His leadership style will likely emphasize innovation and a forward-thinking approach, factors crucial in the evolving landscape of workers' compensation and commercial insurance. Builders' track record in operational excellence, coupled with its business strategy focused on safety and reliability, places it in a strong position to leverage Jasmund’s experience in both governance and financial management for continued growth and success.

• Expertise: Extensive knowledge in insurance operations, corporate finance, and governance.
• Professional Background: Founding partner of PCE Investment Bankers, involved in strategic financial transactions.
• Legacy: Follows the leadership of retiring Chair Charles M. "Charley" Potok, aiming to build on past successes.
• Awards: Recognized as a top workplace, Builders maintains a prestigious "A" rating from AM Best.