HCC Insurance Holdings Appoints Williams as President

Houston-based HCC Insurance Holdings Inc. announced Christopher J.B. Williams has been named president of HCC, effective May 1, 2011. In addition, Williams will be appointed to serve as chief executive officer on or before May 31, 2013, the company said.

John N. Molbeck Jr., the company’s current president and chief executive officer, will continue to serve as CEO until Williams is appointed.

Williams has been a member of HCC’s board of directors since May 2007, and has acted as chairman of the board since August 2008. In connection with his appointment as president, Williams will step down as chairman of the board, but will continue as a member of HCC’s board of directors.

Robert A. Rosholt has been elected to act as board chairman effective May 1, 2011. These changes reflect the implementation of ongoing executive succession plan development overseen by HCC’s board.

Prior to his appointment as president, Williams was the founder and chairman of Wattle Creek Winery in Sonoma County, Calif. Williams was the national director for Life, Accident & Health at Willis RE from 1992 until his retirement in 2005. Prior to 1992, he served in various leadership roles at several insurance brokers and underwriters, with responsibility for developing property and casualty, accident and health, sport disability and medical stop loss business lines. Williams began his career in 1975 with Harlock & Galli, a Melbourne, Australia-based property and casualty insurance broker.

Headquartered in Houston, Texas, HCC Insurance Holdings Inc. is a leading international specialty insurance group with offices across the United States and in the United Kingdom, Spain and Ireland.

Source: HCC