Waco, Texas-based National Lloyds Corp., an insurance holding company and wholly owned subsidiary of Hilltop Holdings Inc., hired industry veteran Robert Otis as chief executive officer effective April 1, 2014.
Otis joins National Lloyds Corp. from Allstate Insurance where he served as chief underwriting officer for Allstate’s personal lines of insurance and, prior to that, served as senior vice president of product line management for the company’s personal auto business.
Otis has more than 25 years of personal lines insurance experience. He began his career as an underwriter with SAFECO Insurance and held senior executive positions with Travelers Insurance and Middlesex Mutual Assurance. Otis also held executive positions with USAA where he specialized in underwriting, product development and product management for auto, property and specialty lines of business.
He also holds the Chartered Property Casualty Underwriter designation.
Source: National Lloyds Corp.