NCCI leader to retire in 2025
NCCI leader to retire in 2025 | Insurance Business America
Insurance News
NCCI leader to retire in 2025
He will step down after a decade-long tenure
Insurance News
By
Mika Pangilinan
The National Council on Compensation Insurance (NCCI) has announced that its president and CEO, Bill Donnell, will be retiring in February 2025.
Donnell (pictured) joined NCCI in 2015. His tenure as president and CEO has been credited as a pivotal time for the organization, with NCCI moving towards a more innovative and thought-leading position within the industry.
Brandon Fick, NCCI board chair and chief underwriting officer at Liberty Mutual Global Risk Solutions North America, spoke of Donnell’s contributions in an emailed news release.
“The NCCI board thanks Bill for his leadership and service during his outstanding tenure as head of the organization,” said Fick. “Under his watch, the organization continues to deliver unwaveringly on its promise to its stakeholders and bravely took on topics and challenges to help lead the industry into the decades ahead. But perhaps what is most impressive is the great humanity and heart he displays as a leader, genuinely caring a great deal for the people he leads.”
With Donnell’s retirement on the horizon, the NCCI board has begun preparing for a leadership transition by creating a search committee to evaluate potential successors.
“The board views NCCI’s management team as a talented and highly capable group, from the executive level on down through the organization,” Fick said further. “Their deep subject-matter expertise and strong culture are not only NCCI’s biggest strengths, but they also enhance our ability to attract the best prospects for the president and CEO role. We are committed to finding a leader who is the right fit for this unique institution.”
Donnell is set to retire after over three decades in the industry. Before joining NCCI, he was the president of Swiss Re’s property and casualty reinsurance business. He holds a bachelor’s degree in management and labor relations from Colorado State University. He also completed the Kellogg Executive Program at Northwestern University and has a Chartered Property Casualty Underwriter (CPCU) designation.
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