People Moves: NI Holdings, Inc. Makes Executive Leadership Appointments

NI Holdings, Inc., headquartered in Fargo, North Dakota, appointed and promoted new leadership.

Kevin Elfstrand has been promoted to senior vice president and chief accounting officer. He will continue to oversee the accounting department and lead external financial reporting. Elfstrand has over 20 years of experience in the property and casualty insurance industry, including 17 years at Travelers Companies, Inc., where he most recently served as assistant vice president of corporate audit.

Brandon Nicol has been promoted to senior vice president of reinsurance and chief underwriting officer. Nicol leads the company’s underwriting strategy and reinsurance. He has 19 years of experience across the insurance and reinsurance industries, including roles at AmericanAg, XL Catlin, COUNTRY Financial and State Farm.

Chris Oen has been promoted to senior vice president and chief claims officer. Oen will continue to lead the claims department, drawing on his 30 years of experience in the property and casualty insurance industry. He joined NI Holdings in 2007 and held progressively senior roles.

Dominic Weber has been promoted to senior vice president and chief actuary. Weber will continue to lead the actuarial department and oversee reserving, ratemaking and predictive analytics initiatives. With more than 42 years of experience in the property and casualty insurance industry, Weber previously served as vice president and chief actuary at Society Insurance.

Doug Duncan has been recently hired as senior vice president and chief information officer. In this newly created role, Duncan leads technology strategy and oversees modernization initiatives to support business growth. He brings more than 25 years of technology leadership experience, including previous roles as chief information officer at Columbia Insurance Group and senior vice president at Swiss Re.

Topics Leadership