Cedar Rapids, Iowa-based United Fire & Casualty Company announced that four directors have been elected for full terms on the company’s 13-member board, Brad M. Sayre was appointed an assistant vice president, and John A. Rife is retiring as president and chief executive officer of its subsidiary, United Life Insurance Company.
Elected to the board of directors for a three-year term expiring in 2012 were: Christopher R. Drahozal, professor of law, University of Kansas School of Law, Lawrence, Kan.; Jack B. Evans, president, Hall-Perrine Foundation, Cedar Rapids, Iowa; Thomas W. Hanley, teacher, Xavier High School, Cedar Rapids, Iowa; and George D. Milligan, president, The Graham Group Inc., Des Moines, Iowa.
Upon his promotion, Sayre’s new title is assistant vice president and loss control/audit manager.
Rife’s retirement is effective immediately. Though he is retiring from his day-to-day duties at United Life, Rife will retain his positions on the boards of directors of both United Fire and United Life.
His retirement marks the end of a career with the company that has spanned four decades. He joined United Life in 1976 as a training director. In 1984, he became president of United Life. He was appointed president of United Fire in 1997 and chief executive officer of United Fire in 2000. In 2007, he retired as president and chief executive officer of United Fire, retaining his position as president and chief executive officer of United Life.
During his 33 years at the company, Rife has earned a reputation as a strong, ethical and caring leader, with an incredible ability to remember the names and faces of people he meets. His management style is based on respect and appreciation for others, building trust through open and honest communication – not only with members of our management team, but with the entire employee population. Under Rife’s leadership, United Life experienced record levels of growth and profitability. Over the past 25 years, the company’s total assets have increased from $42 million to $1.3 billion.
As part of the company’s long-term plan of succession, United Fire President & CEO Randy A. Ramlo has been named president of United Life.
United Fire & Casualty Company is a regional insurer that, along with its insurance subsidiaries, offers personal and commercial property and casualty insurance and life insurance. The company markets its products principally through its regional offices in Cedar Rapids, Iowa (company headquarters); Denver, Colorado; and Galveston, Texas.
Source: United Fire & Casualty Company, www.unitedfiregroup.com
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