Kentucky Farm Bureau Insurance promotes Bradley Smith to CEO

Kentucky Farm Bureau Insurance promotes Bradley Smith to CEO

Kentucky Farm Bureau Insurance Cos. has named Bradley R. Smith as its new executive vice president and CEO.

Smith, who has been the company’s COO since 2003, succeeds Roger L. Simpson, who will retire Aug. 1. Simpson has served in the role since 1997.

Smith is a graduate of the University of Kentucky College of Law and has bachelor’s and master’s degrees in business administration.

He joined Kentucky Farm Bureau in 1987.

In a news release, Kentucky Farm Bureau president Mark Haney touted Simpson’s service, and expressed confidence in Smith’s ability to strengthen relationships with members and to expand the business.

“Brad has a vision and a great background for leading the company,” Simpson said in the release.

Kentucky Farm Bureau ranked No. 1 on Business First’s Oct. 17 list of property and casualty insurers, ranked by direct premiums written in Kentucky in 2007. The company wrote more than $710.4 million in premiums in 2007, up from $696.1 million in 2006.

http://www.bizjournals.com/louisville/stories/2009/03/23/daily35.html