Kirt Dooley appointed Senior Vice President, Chief Actuary at EMPLOYERS, enhancing risk management and analytics capabilities.
Quiver AI Summary
EMPLOYERS, a prominent provider of workers' compensation insurance for small and mid-sized businesses, has appointed Kirt Dooley as Senior Vice President and Chief Actuary. Dooley previously held roles at Clear Spring Property & Casualty Company, where he significantly advanced the company's actuarial and analytics capabilities and drove substantial growth in reinsurance premiums. He has extensive experience from his 16 years at the National Council on Compensation Insurance, where he worked on key analytical initiatives. EMPLOYERS' CEO, Katherine Antonello, expressed confidence in Dooley's ability to enhance the company's risk management practices, given his strong background in reserving, pricing, and data science. Dooley holds dual degrees in Mathematics and Economics from the University of Florida and is committed to building on EMPLOYERS' reputation for financial strength and effective underwriting in the workers' compensation sector.
Potential Positives
- Appointment of Kirt Dooley as Senior Vice President, Chief Actuary, brings extensive experience in actuarial and risk management, which can enhance the company's analytical capabilities.
- Dooley's previous success in growing reinsurance premiums by over 200% indicates his potential to drive business growth at EMPLOYERS.
- The emphasis on building analytics capabilities aligns with EMPLOYERS' commitment to managing risk effectively, potentially improving operational performance.
Potential Negatives
- While Kirt Dooley's appointment as Chief Actuary may be seen as a positive move for EMPLOYERS, it raises concerns about the effectiveness of the company's current actuarial team, suggesting potential weaknesses in existing leadership before his arrival.
- The press release does not address any ongoing challenges or competitive pressures facing EMPLOYERS in the workers' compensation insurance market, which could indicate a lack of transparency regarding current business conditions.
- Despite the emphasis on Dooley's qualifications, the press release lacks specific details on strategic initiatives or changes he is expected to implement, leaving stakeholders uncertain about the company's future direction.
FAQ
Who is the new Chief Actuary at EMPLOYERS?
Kirt Dooley has been appointed as Senior Vice President, Chief Actuary at EMPLOYERS.
What experience does Kirt Dooley bring to EMPLOYERS?
Dooley has extensive experience in actuarial roles, including his previous positions at Clear Spring and NCCI.
What is EMPLOYERS known for in the insurance industry?
EMPLOYERS is recognized for providing workers' compensation insurance solutions for small and mid-sized businesses.
What initiatives has Dooley led in his past roles?
He led the development of actuarial analytics capabilities and grew reinsurance premiums significantly at Clear Spring.
How does EMPLOYERS support small and mid-sized businesses?
EMPLOYERS offers tailored workers' compensation insurance solutions alongside risk management and claims services.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$EIG Insider Trading Activity
$EIG insiders have traded $EIG stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $EIG stock by insiders over the last 6 months:
- MICHAEL PEDRAJA (EVP, Chief Financial Officer) purchased 2,000 shares for an estimated $79,460
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$EIG Revenue
$EIG had revenues of $220.2M in Q2 2026. This is a decrease of -10.63% from the same period in the prior year.
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$EIG Hedge Fund Activity
We have seen 81 institutional investors add shares of $EIG stock to their portfolio, and 83 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. removed 425,646 shares (-13.3%) from their portfolio in Q1 2026, for an estimated $17,511,076
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Full Release
RENO, Nev., Aug. 03, 2026 (GLOBE NEWSWIRE) -- EMPLOYERS (NYSE: EIG), a leading provider of workers' compensation insurance solutions for America's small and mid-sized businesses, today announced the appointment of Kirt Dooley as Senior Vice President, Chief Actuary.
Dooley joins EMPLOYERS from Clear Spring Property & Casualty Company, where he has served since 2020 as Chief Actuary and Chief Risk Officer, leading the company's actuarial, analytics, and enterprise risk management functions. During his tenure, he built the company's actuarial and data analytics department from the ground up and led a reinsurance business development strategy that grew assumed reinsurance premiums by more than 200 percent over a two-year period.
Earlier in his career, Dooley spent 16 years at the National Council on Compensation Insurance (NCCI), most recently as Practice Leader and Senior Actuary, where he led analytical initiatives for regulators and industry stakeholders and represented the organization in regulatory hearings through expert testimony.
"Kirt is an accomplished actuary and proven leader whose experience building analytics capabilities will help us continue to manage risk with the consistency and precision that define our company,” said Katherine Antonello, president and chief executive officer of EMPLOYERS. “His background across reserving, pricing, and data science makes him well positioned to lead the next stage of that work."
Dooley is a Fellow of the Casualty Actuarial Society (FCAS) and a member of the American Academy of Actuaries (MAAA). He holds a Bachelor of Science in Mathematics and a Bachelor of Arts in Economics, both from the University of Florida.
"EMPLOYERS has built a reputation for financial strength and disciplined underwriting in workers' compensation," said Dooley. "That combination of specialty focus and stability gives the actuarial function meaningful influence over how the business performs. That is the foundation I plan to build on, and I am looking forward to the opportunity to help shape what comes next."
About EMPLOYERS
Employers Holdings, Inc. (NYSE: EIG), is a holding company with subsidiaries that are specialty providers of workers’ compensation insurance, excess workers’ compensation, and related services (collectively “EMPLOYERS ® ”) focused on small and mid-sized businesses engaged in lower hazard industries with its guaranteed cost product and self-insured enterprises with its excess workers’ compensation product. EMPLOYERS leverages over a century of experience to deliver comprehensive coverage solutions that meet the unique needs of its customers. Drawing from its long history and extensive knowledge, EMPLOYERS empowers businesses by protecting their most valuable asset , their employees , through exceptional claims management, loss control, and risk management services, to help businesses create safer work environments.
EMPLOYERS is also proud to offer Cerity ® , which is focused on providing digital-first, direct-to-consumer workers’ compensation insurance solutions with fast and affordable coverage options through a user-friendly online platform.
EMPLOYERS operates throughout the United States, apart from four states that are served exclusively by their state funds. Workers’ Compensation insurance is offered through Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company, and Cerity Insurance Company, and Excess Workers’ Compensation is offered through Employers Assurance Company. Each of EMPLOYERS insurance subsidiaries is rated A (Excellent) by AM Best. Not all companies do business in all jurisdictions. EIG Services, Inc., and Cerity Services, Inc., are subsidiaries of Employers Holdings, Inc. EMPLOYERS ® is a registered trademark of EIG Services, Inc., and Cerity ® is a registered trademark of Cerity Services, Inc. For more information, please visit www.employers.com , www.employers.com/excess-workers-compensation/ , and www.cerity.com .
Media Contact:
Kimberly Eye
Vice President, Marketing & Communications
772-214-6153
[email protected]
Investor Relations Contact:
Michael Pedraja
EVP, Chief Financial Officer
775-327-2706
[email protected]
