Indiana Farmers Mutual Insurance Co. has named Kimberly O. Smith as CEO-elect. Smith will assume the role of president and CEO on Jan. 1, 2014, upon the retirement of the company’s current president and CEO, Daniel E. Stone.
Smith, a 32-year insurance industry veteran, has been with Indiana Farmers Mutual since 2000. She currently serves as the company’s executive vice president and legal counsel. Smith has played a critical role shaping the company’s vision and positioning Indiana Farmers Mutual Insurance Co. to meet the evolving needs of its policyholders and agents in Indiana.
Stone, a current member of the company’s board of directors, will continue his board service beyond 2013.
Smith’s insurance career began in 1980 when she joined Indiana Insurance Company in Indianapolis as a claims attorney. She came to Indiana Farmers Mutual Insurance Company in 2000 as vice president of human resources and general counsel. She was elected executive vice president and general counsel in May 2012.