United Fire Group, Inc. announced that Dawn M. Jaffray, Executive Vice President and Chief Financial Officer, has resigned from UFG. Ms. Jaffray notified UFG that she has accepted an opportunity to serve as Chief Financial Officer for another company within the insurance industry. UFG has appointed Kevin W. Helbing and Randy L. Patten to serve as Interim Co-Chief Financial Officers as the organization executes its search for a new CFO. Both previously served as controllers of UFG. They have many years of experience serving within the Corporate Finance Department of UFG and possess complementary skill sets. Mr. Helbing joined UFG in 2008. Mr. Patten joined UFG in 2012. Their combined efforts to share oversight of UFG’s financial activities will facilitate an orderly transition. Ms. Jaffray’s departure will be effective October 10, 2021. She will work with each of the Interim Co-CFOs to transition responsibilities. UFG immediately commenced a search for the role of CFO.
United Fire Group, Inc. is engaged in the business of writing property and casualty insurance through a network of independent agencies. The Companyâs insurance company subsidiaries are licensed as property and casualty insurers in 50 states, plus the District of Columbia. Its business is comprised primarily of commercial lines property and casualty insurance, including surety bonds. Its core commercial products support a variety of customers, including small business owners and middle market businesses operating in industries, such as construction, services, retail trade, financial and manufacturing, along with contract surety and commercial surety bonds offered through approximately 1,000 independent property and casualty agencies. It also provides specialty and surplus lines coverage through wholesale brokers on an admitted and non-admitted basis. Additionally, it offers reinsurance coverage for property and casualty insurance through traditional treaty reinsurance channels.