State National Companies Names Matthew Freeman President
February 09 2016 - 4:10PM
State National Companies, Inc. (NASDAQ:SNC) today
announced that Matthew Freeman has been appointed President of
State National Companies, effective February 8, 2016. In this newly
created role, Mr. Freeman will oversee sales and service operations
for both the Program Services and Lender Services businesses while
also playing a key role in progressing our business strategy as we
seek to maximize the potential of our unique insurance platform by
exploring strategic growth opportunities. Mr. Freeman will serve as
a member of State National’s Executive Team and report to the
Company’s Chairman and CEO, Terry Ledbetter.
“We are excited to have Matt join our highly
experienced management team,” said State National’s Chairman and
Chief Executive Officer, Terry Ledbetter. “As a proven leader in
our industry, Matt brings a strong mix of leadership, operational
experience, and technical breadth that will strengthen each of our
existing businesses and increase our executive capacity to further
expand the reach of our brand. Most importantly, he has a passion
for customer service and his results-oriented and collaborative
managerial approach will play a pivotal role in extending our
successful track record of customer satisfaction and process
innovation. In addition, Matt’s strategic mindset and emphasis on
organizational improvement will help our business achieve even
greater levels of success.”
Mr. Freeman most recently served as President of
QBE Mortgage & Lender Services (a part of QBE Insurance Group,
a worldwide insurance and reinsurance company) providing primarily
financial institutions with insurance and outsourced servicing
solutions. Mr. Freeman served on the North American executive
management team and was responsible for establishing and executing
business strategy. Prior to QBE, he was VP of Corporate Strategy at
CareMedic Systems (now a part of OptumInsight), a
healthcare-focused revenue cycle management technology company. He
holds a Master of Business Administration from Emory University and
a Bachelor of Arts degree from the University of California, Los
Angeles.
About State National Companies, Inc.
State National Companies, Inc. (NASDAQ:SNC) is a
leading specialty provider of property and casualty insurance
operating in two niche markets across the United States. In its
Program Services segment, the Company leverages its “A” (Excellent)
A.M. Best rating, expansive licenses and reputation to provide
access to the U.S. property and casualty insurance market in
exchange for ceding fees. In its Lender Services segment, the
company specializes in providing collateral protection insurance,
which insures personal automobiles and other vehicles held as
collateral for loans made by credit unions, banks and specialty
finance companies. To learn more, please
visit www.statenational.com. The Company routinely posts
important company information on its website.
For additional information contact:
Rick Black
Dennard-Lascar Associates
713-529-6600
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