Woodland Hills, Calif. (April 7, 2016) — Farmers New World Life Insurance Company announced that James Davenport has been appointed to the role of chief financial officer (CFO) effective April 1. Davenport previously held the role of global head of risk and control at Zurich Insurance Group, since 2013.
In his new role, Davenport will be responsible for the internal and external financial reporting for Farmers Life. He will also maintain his position as a member of the Committee of Sponsoring Organizations (COSO) advisory council, a joint initiative of private sector organizations dedicated to providing thought leadership through the development of frameworks and guidance on enterprise risk management, internal control and fraud deterrence.
“We are fortunate to be able to benefit from James’ wealth of experience,” said Simon Lodge, chief financial officer for Zurich Global Life North America. “We are excited to have him in this new role and wish him great success.”
Davenport will be based in Mercer Island, Washington, where Farmers Life is headquartered.
About Farmers New World Life
For more than one hundred years, customers have turned to Farmers New World Life Insurance Company to help protect the financial security of their loved ones, the continuity of their businesses, and the stability of their retirement incomes. For generations, in good times and bad, we have kept our promises to our customers and the ones they love.
Farmers Life® is associated with Farmers Insurance Group of Companies®, one of the nation’s largest insurance groups, providing home, auto, business, and life insurance, annuities, and financial services.