Stevoff Named Colemont’s U.S. COO

November 2, 2005

Dallas-based Colemont Corporation announced that David Stevoff has been named chief operating officer of Colemont Brokerage Group, its U.S. subsidiary.

In this newly created position, Stevoff will have responsibility for the overall operations and productivity of Colemont’s U.S. offices, for the continued development of meaningful relationships with agents and markets, and for preserving Colemont’s commitment to excellence by delivering results to customers and providing superior service and follow-on support to accounts.

“With our recent global expansion adding a new and powerful dynamic to our already strong success story, we needed to augment our domestic management team,” said Marshall Kath, Colemont CEO. “We greatly appreciate all the contributions Dave has made to the Chicago office over the years and now welcome his leadership and energy on a national basis.”

Stevoff joined Colemont’s Chicago office as a new broker in August 1994 and first served as its executive vice president before being named office president in January 2003.

“During his tenure, Dave built a substantial book of business while also handling the many issues that come with running a large office,” Kath said. “Our agents and markets will benefit greatly from Dave’s promotion, because he brings real world experience and practical insight to the position.”

“I am genuinely excited about the opportunity to play such a key role in the Colemont organization,” Stevoff said. “I believe in our business model and in our ability to handle almost any placement quickly and effectively.”

The creation of a COO position signals an important growth milestone in the company’s history.

“Bigger doesn’t necessarily mean better,” Kath said. “This change will be a positive for our customers not simply because it will help us to grow our presence in the marketplace, but because it will help to strengthen our domestic agent and market relationships and to rededicate our efforts to deliver innovative insurance solutions.”

Stevoff will continue to be an active broker and live and work in Chicago.

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