Columbia Lloyds Insurance Company Appoints John R. Todd as New President / Chief Executive Officer and Sam Bana as Chief Operating Officer

Pictured left to right: Sam Bana, COO and John R. Todd, President & CEO

Houston, TX, November 6, 2015 – Columbia Lloyds Insurance Company, a leading provider of Homeowners and Tenant Dwelling insurance throughout Texas, Oklahoma and Arkansas, is proud to announce the appointment of John R. Todd as President and Chief Executive Officer and Shabbir “Sam” Bana as Chief Operating Officer.

Mr. Todd has been with Columbia Lloyds since 2010, having served as the Chief Legal Officer and was responsible for the Litigation and Regulatory / Compliance legal divisions. Additionally, more recently, he was a member of and ultimately led Reinsurance and Operations.

Prior to joining Columbia Lloyds, Mr. Todd specialized in insurance law, as a private practice attorney. He is a graduate of Vanderbilt University Law School and earned a Bachelor of Accountancy from the University of Mississippi.

Sam Bana is joining Columbia Lloyds as the Chief Operating Officer. Mr. Bana is a twenty-two (22) year industry veteran, most recently serving as Chief Innovation Officer and Vice President of FarmAssure, LLC.

Mr. Bana, having received his Bachelors in Applied Science – Electrical Engineering from the University of Ottawa, has extensive experience in developing insurance systems, developing and managing automobile insurance programs, and general business management. Most notably, Mr. Bana was the President and CEO of A Abana Insurance Services, Inc. for fourteen (14) years, prior to creating Bana Enterprises, Inc., a business management consulting company.

“We are thrilled that Columbia Lloyds will be benefiting from the strong leadership of both John and Sam. We feel that it is the perfect blend of institutional knowledge and residential expertise that we get with John, mixed with new ideas and unique technical expertise that we get from Sam that will lead us into the future,” commented Milby Dow Dunn, II, Chairman of the Board of Columbia Lloyds.

“I am excited to have the opportunity to take on this role at such a great institution as Columbia Lloyds,” noted Mr. Todd. “Having worked with the Board and the owners for over five years, I look forward to being able help them see their visions through. Moreover, to be able to take on these challenges with a good friend and colleague in Sam Bana is indescribable,” concluded Mr. Todd.

Together, Messrs. Todd and Bana bring unique sets of skills and valuable market experience to the Columbia Lloyds leadership team. The two will combine their respective expertise to further strengthen the Company position within the existing market niche, while maintaining the Company’s identity and commitment to “Ease of Doing Business” and simultaneously positioning the Company to reach its full potential with expansion into complementary lines of insurance within the region.

Media Contact
Megan Micheletti
Columbia Lloyds Insurance Company