Ambac Appoints Lisa G. Iglesias to Its Board of Directors
August 04, 2021 at 04:05 pm EDT
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Ambac Financial Group, Inc. announced the appointment of Lisa G. Iglesias as a member of its Board of Directors. Ms. Iglesias will be a member of the Board’s Audit Committee. The Company also announced that Alexander D. Greene resigned from his position on the Board to pursue other opportunities. Ms. Iglesias, Executive Vice President and General Counsel of Unum Group, has more than 20 years of legal, finance and risk management experience. At Unum, an international provider of workplace benefits and services, she manages the Legal, Enterprise Audit and Corporate Services functions.
Ambac Financial Group, Inc. is a financial services holding company. It operates three principal businesses: Legacy Financial Guarantee (LFG) Insurance, Specialty Property and Casualty Insurance, and Insurance Distribution. The LFG Insurance includes the activities of Ambac Assurance Corporation (AAC) and its wholly owned subsidiaries, including Ambac Assurance UK Limited (Ambac UK) and Ambac Financial Services LLC (AFS). The Specialty Property and Casualty Insurance includes five admitted carriers and an excess and surplus lines (E&S or no admitted) insurer, Everspan Indemnity Insurance Company (all carriers collectively, Everspan). The Insurance Distribution includes the specialty property and casualty (P&C) insurance distribution business, which includes managing general agents and underwriters (collectively MGA/Us), insurance wholesalers, brokers, and other distribution businesses, which includes Xchange Benefits, LLC, a P&C MGA specializing in accident and health products.
AMBAC FINANCIAL GROUP, INC. 
