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Jewelers Mutual® Group Adds New Member To Board of Directors

on Oct 26, 2022 8:00 AM

 

Fortune 100 insurance executive Constance Bayne to join Jewelers Mutual board

Portrait of Constance Bayne

NEENAH, Wis. (October 26, 2022) - Jewelers Mutual® Group has announced the addition of a new member, Constance Bayne, to its board of directors, effective October 1, 2022.

“We are excited to welcome Connie to our board of directors. She brings strong knowledge of both personal and commercial insurance as well as the processes and systems needed to support them,” said Scott Murphy, president and CEO of Jewelers Mutual. “Connie’s proven track record and progressive approach to insurance products, as well as organizational and talent development is an important addition to our board. As we continue to progress toward serving the jewelry industry in more meaningful ways, Connie will undoubtedly be a valuable contributor.”

In addition to Bayne, Jewelers Mutual board members include Alex Barcados, Susan Doyle, Mark Fiebrink, John Green, Patti Griffin, Dione Kenyon (vice chair of the board), Marianne Marck, Scott Murphy (president and CEO of Jewelers Mutual), Terry Murphy, Niveet Nagpal, Robert Reeg (chair of the board), and Craig Underwood.

“While Jewelers Mutual continues to expand our products and services to be at the center of an ever-evolving jewelry industry, Connie’s addition to our board provides the know-how and enthusiasm to support our current and future initiatives.” said Rob Reeg, chair of the board.

About Constance Bayne

Connie led the profitable growth and retention of a $1.2B book of Safeco Insurance™ personal lines and Liberty Mutual® small commercial business across 9 states in the Midwest, prior to taking advantage of Liberty’s early retirement offer in April of 2021. By focusing the distribution team on disciplined agency management, Connie helped achieve 26% YOY growth in personal lines new business and 13.4% growth in written premium and moved business lines from consistently missing plan to exceeding plan by 4.6%. She has held multiple leadership roles across all aspects of Liberty’s insurance operations. Prior to her role as Midwest Region SVP, she was responsible for executive level partnership, strategic alignment, collaboration and coordination across Liberty’s Underwriting, Product, Strategy and Distribution organizations as well as development and execution of countrywide sales, distribution, agency management, product and compensations strategies.

She managed multiple functions of insurance company operations including premium audit, policy production, compliance & controls, loss control, research institute, agent advisory councils, operational reporting, training, quality assurance, policy administration, underwriting systems and underwriting technical expertise, to drive alignment, consistency, and efficiency for a $10B book of casualty business. She was actively involved in the design and realignment of the Commercial Insurance strategic business unit. Connie led development and implementation of Diversity, Equity, Inclusion (DEI) efforts corporately and in the Midwest Region.

Connie earned a Bachelor of Science in mathematics from the State University of New York at Fredonia and earned the CPCU and CSP designations. She completed the UW-Madison Business School Insurance Company Finance course and the McKinsey & Co. Global Lean Academy for Financial Services.

Connie sat on the National Safety Council board of directors from 2010 to 2016. She was a member of the strategic planning committee and chaired the Green Cross Award task force. As a member of the Ohio Insurance Resource Council, she worked to promote insurance education and jobs in conjunction with the governor’s office, universities and other insurance company executives. She served as President of the Cincinnati Chapter of the Ohio Diversity Council. She accepted the National Diversity council 2015 Award for Most Powerful and Influential Women. She is a past member of the advisory board for the RAND Center for Health and Safety in the Workplace.

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About Jewelers Mutual Group

Jewelers Mutual was founded in 1913 by a group of Wisconsin jewelers to meet their unique insurance needs. Consumers put their trust in Jewelers Mutual to protect their personal jewelry and the special moments it represents. The Group insurers’ strong financial position is reflected in their 36 consecutive ratings of “A+ Superior” from AM Best Company, as of November 2022. Today, Jewelers Mutual Group continues to raise the tide of the industry by listening to what jewelers need and offering products and services that meet those needs. A suite of powerful solutions is offered that enables businesses to streamline and grow, run secure and successful operations, and bring them closer to their customers. The Group insurers are Jewelers Mutual Insurance Company, SI (a stock insurer) and JM Specialty Insurance Company. Policyholders of the Group insurers are members of Jewelers Mutual Holding Company. The Jewelers Mutual home office is in Neenah, Wisconsin, with other Group offices in Dallas, Texas and Miami, Florida. To learn more, visit JewelersMutual.com.