Donald J. Herrema Appointed As Interim Chief Executive Officer of Independent Insurance Group

Jan 09, 2025•6 months ago

Position

Chief Executive Officer

Company

INDEPENDENT GROUP

Donald J. Herrema

Fort WorthFinancial Services

Description

Independent Insurance Group, LLC has announced the appointment of Donald J. Herrema, Vice Chair of the Board of Managers, as the interim Chief Executive Officer. Mr

Company Information

Company

INDEPENDENT GROUP

Location

Fort Worth, Texas, United States

About

Independent Group is a forward-thinking enterprise whose complementary product and service companies improve outcomes for all structured settlement stakeholders. Independent Life, its carrier subsidiary, is dedicated to providing structured settlement solutions, including annuities, to serve the needs of injured parties, their families and advocates. With its unique profile and ambitious vision for the structured settlement industry, Independent Life is backed by prominent capital providers such as LKCM Headwater Investments and KKR's Kilter Finance.

Executive Insights

Based on hiring data

New executive impact window

87% of new executives make significant technology decisions within first 100 days

Budget influence

C-level executives control 73% of technology spending decisions

Transformation catalyst

65% of new senior hires launch digital transformation initiatives

Vendor review timeline

New executives typically review existing vendors within 6 months

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