David J. Jasmund Elected Chair of Builders Insurance Group Board
Builders Insurance Group has elected David J. Jasmund as the new Chair of its Board of Directors, marking a strategic step forward for the organization's leadership and future growth.
With extensive expertise in insurance operations, corporate finance, and strategic governance, Jasmund has been a vital member of the Builders Board since 2009. His tenure on the board includes leading the Audit Committee and participating in key governance initiatives, making him well-equipped to steer Builders through its next phase of development. As Todd Campbell, President and CEO of Builders, pointed out, "David's expertise in insurance and governance will be integral as we pursue growth and strengthen our market position," underlining the alignment of Jasmund’s strategic vision with the company’s objectives.
Leadership Transition and Growth Vision
Jasmund’s ascent to Chair follows the retirement of Charles M. "Charley" Potok, who served the board with distinction for 13 years, including three as Chair. The leadership change is seen as a continuity of purpose, with a focus on leveraging Jasmund’s robust background in financial transactions and strategic oversight to navigate the insurance market's complexities. As a founding partner at PCE Investment Bankers, Inc., and a former insurance business co-founder, Jasmund is well-prepared to guide Builders in a competitive environment. Reflecting on his new role, Jasmund expressed his eagerness to collaborate with leadership and board members to promote the company’s growth.
Builders Insurance Group: A Resilient Market Player
Builders Insurance Group, based in Atlanta, is a leader in property and casualty insurance, particularly in workers' compensation and commercial insurance. Known for working closely with independent agents, the company supports businesses across the Southeast and has earned an A (Excellent) rating from AM Best for its financial strength and stability. Additionally, the organization is acknowledged as a top workplace, indicative of its comprehensive industry knowledge and commitment to excellence.
| Role | Responsibilities |
|---|---|
| Board Chair | Guides strategic governance and business growth |
| Audit Committee Leader | Oversees financial auditing and compliance |
| Community Contributor | Participates in nonprofit and community initiatives |
Jasmund’s involvement extends beyond corporate boardrooms, contributing significantly to nonprofit entities such as UF Health Shands Teaching Hospital and Clinics, Inc., and the Coalition for the Homeless of Central Florida. His well-rounded experience underscores a commitment to leadership that benefits both the organization and broader community initiatives.