Farmers Business Insurance Appoints Samalya Executive VP/President

April 8, 2008

Farmers Group Inc., has appointedof Mhayse Samalya executive vice president of Farmers Group Inc. and president of Farmers Business Insurance.

He previously was senior vice president of Farmers Group Inc. and president of Farmers Business Insurance

“Our goal is to establish Farmers as the No. 1 small business insurer in America, and we are confident Mhayse will continue to develop the strategies and tactics to take us there,” stated Robert Woudstra, president and chief operating officer of Farmers Group Inc.

Samalya began his career with Aetna in 1978 immediately after graduating from Long Island University. He began as an underwriter and then held a number of senior management positions including serving as regional vice president after the Travelers/Aetna merger, and was president of a rapidly growing Citigroup/Travelers cross-selling property casualty initiative. He was president of the Hanover Insurance Co. in Worchester, Mass., from 2001 to 2005, before joining Farmers in 2005.

Topics Commercial Lines Business Insurance Agribusiness

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