In 2022, William B. (Bill) Westrate replaced the long-time executive Jack Salzwedel of American Family Insurance and became Enterprise President and CEO. AmFam is a private insurance company offering property, life, health, retirement, auto, and other types of insurance. Bill handles all the subsidiary companies and enterprise services that span the company’s multiple channels and multiple lines of business. AmFam CEO Bill Westrate’s rich experience in property & casualty and actuary along with regulatory know-how gives him an edge. He has worked closely with rating agencies and the relevant trade groups. He is focused on bringing strategic transformational changes in the company’s products, technology, structure, and methods. During his transition to the post of the CEO, the company acquired Bold Penguin, a commercial insurance exchange, in 2021. Look over this wiki for details such as AmFam CEO email, Bill Westrate net worth, and AmFam net worth.
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American Family Insurance faces competition from other insurance giants like:
- Amica insurance
- Federated Insurance
Bill Westrate Net Worth – AmFam CEO Salary
As of 2022, Bill Westrate’s net worth is estimated to be between 35-40 million USD. He reportedly earns 8 to 9 million USD as total compensation in a year.
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AmFam CEO Email | Bill Westrate Contact
Career & Education – Company, University, & College
Bill did his Bachelors in Mathematics from Northwestern College. He started his career with IMT Mutual Insurance Company as an underwriting representative. In 1995, he was the actuarial analyst at Allied Insurance group. From there, he went to the American Family insurance company as Actuarial Analyst in 1996 before returning to Allied for a year. After this, he again became a part of the AmFam group in 1999 and since then, his association has been going strong. By 2006, Bill became one of the leading executives of the company. He headed the company as an Actuarial, Personal, and Executive VP. In 2014 he became the COO of the company and whereon he went on to become the President in 2017 and finally CEO in 2022.
Bill Westrate Wiki – Age, Wife, Family, & More
American Family Insurance CEO Bill, age 49, lives in Sun Prairie, Wisconsin, United States. He was born in Michigan. He has additional certificates and licenses from the American Academy of Actuaries and Casualty Actuarial Society. Along with these, he is also attached to many humanitarian associations like United Way of Dane County and American Family Children’s Hospital Advisory Board.
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