Farmers Insurance Group is an Insurance provider that is known throughout the world. Their current CEO is Mr. Jeff Dailey. He's made significant contributions to the growth and success of the company as leader in the position of Chief Operating Officer. We looked into his history and career to get to know him better and discovered these 10 things about Jeff Dailey that you probably didn't know.
1. He was educated in Wisconsin
After he graduated from high school, Mr. Dailey went to to pursue higher education. He enrolled in classes at the University of Wisconsin in their Economics program. He earned his bachelor of science degree. After completing his four year degree, he continued on with the University to earn his Masters of Business Administration.
2. He began his career in 1980
Mr Daily started his career with Mutual Service Insurance in 1980. His first job was as a multi-line insurance adjuster. He only stayed with the company for a year but he gained a significant amount of experience in the insurance industry.
3. His second job was with Progressive Insurance
In 1981, Jeff moved to a different insurance company. His first position with Progressive Insurance was at their Milwaukee office as an adjuster. He remained with the company for several years. During his time with Progressive, he was promoted to a variety of management positions, serving the company for 14 years with his last position with them as the President of their Northeast Division.
4. He joined Bristol West Holdings Inc.
Mr. Dailey joined Bristol West Holdings Inc. in May of 2001 as the Chief Operating Officer. In 2003 he was promoted to the President of the company and then again in 2006, he was once again promoted to the position of Chief Executive Officer.
5. He was with Bristol West Holdings, Inc. when they merged with Farmers Insurance
When Farmers Insurance acquired Bristol West Holdings, Inc., Mr. Dailey was the CEO of the company. As a result of the merger he was retained with Farmers. The merger took place in July of 2007 and by 2008, he was named as the President of Personal Lines at Farmers Group, Inc. in 2011, he was named at Chief Operating Officer at Framers Group Inc. and he also served as an executive vice president for the company from 2008 through 2011. He was named as their Chief Executive Officer in 2012.
6. He formed the Reliant Insurance Company
Mr. Dailey developed a new company called Reliant Insurance Company as well as Reliant Casualty Insurance Company. He was the president of the new company. In addition, he assumed several other highly responsible roles.
7. He helped Bristol West to go public
One of the more remarkable accomplishments that Mr. Dailey has made in his career was his huge contribution to the success of Bristol West. He is credited with being a leader that was instrumental in leading the company to go public and gain a listing on the New York Stock Exchange. He also leveraged the sale of common stock in the amount of $345 million.
8. His leadership role is multi-faceted
Jeff Dailey is the CEO at Farmers Insurance but this is not his only title with the company. He also serves as a member of the Zurich Financial Services Group on their Executive Committee as well as its president since the beginning of 2012.
9. He ha s more than thirty years in the business
Mr Dailey has a long and successful career in the insurance industry. He's worked his way up from the position of adjuster through a variety of management and leadership roles with progressive responsibility. He's a mover and a shaker and to his credit, he's helped to improve each of the companies where he's served in a leadership role.
10. He's involved in his community
Mr. Dailey is also concerned about doing his part to make the world a better place. He's a busy executive but he still makes time to serve as a member of the Institute's Board of Trustees as well as serving on the advisory board for Team Rubicon. The latter is an organization that focuses on disaster relief and collaborating with medical professionals, technology experts, first responders and military veterans for forming connections among them.
Written by Dana Hanson
Read more posts by Dana Hanson