COLUMBUS, Ohio – November 3, 2006 – The State Auto Insurance Companies today announced the appointment of Lorraine Siegworth as vice president – director of strategy and organization effectiveness. In addition, Margo Lyon has been named assistant vice president – director of human resources.
Siegworth was elected vice president of State Auto Financial Corporation, State Automobile Mutual Insurance Company (Mutual), and State Auto Property & Casualty Insurance Company (State Auto P&C). Lyon was elected assistant vice president of Mutual and State Auto P&C.
Siegworth joins State Auto from Nationwide Insurance, where she served in a variety of executive roles at the corporate level and for Nationwide Global Holdings. Her functional experiences include: organizational effectiveness/development, strategy, human resources, marketing and communication. Prior to joining Nationwide, she served in multiple strategic and operations management roles for Sprint Corporation. Siegworth holds both graduate and undergraduate degrees from Bowling Green State University.
“Our objective is to move faster, be more responsive, and be easier to do business with,” said State Auto Chairman and CEO Bob Restrepo. “Lorraine will guide a strategy that allows us to achieve those objectives as we build on our strengths of underwriting excellence and expense management.”
Lyon joined the Meridian Insurance Companies of Indianapolis in 1987, prior to their acquisition by State Auto in 2001. She had been serving as director of human resources and administrative services for State Auto’s Indianapolis office. Lyon holds graduate and undergraduate degrees from Indiana University.
“A significant factor in our continued success is attracting and retaining high-quality employees,” said Restrepo. “I’m confident that Margo will provide the traditional human resources leadership that is so critical to the success of our company,”
The State Auto Insurance Companies, headquartered in Columbus, Ohio, are engaged primarily in writing personal and commercial insurance products through more than 22,500 independent agents associated with approximately 3,000 agencies in 27 states. The State Auto Companies include State Auto Financial Corporation (NASDAQ: STFC), named Forbes Magazine's "Best Managed Insurance Company in America" for 2006. STFC also received the 2006 Mergent Dividend Achiever Award for having increased its dividends for ten or more years in succession. The State Auto Insurance Companies are rated A+ (Superior) by the A.M. Best Company. Additional information on State Auto can be found at StateAuto.com.