Gillard Jr. to succeed Mosher as President of A.M. Best Rating Services

Global ratings agency AM Best announced that James A. Gillard Jr. will succeed Matthew C. Mosher as President of A.M. Best Rating Services, Inc. (AMBRS), effective September 30th, 2024.

In his new role, he will assume Mosher’s responsibilities of overseeing the life/health, property/casualty, and international rating divisions.

Mosher will retire as President and Chief Executive Officer (CEO) of AMBRS, a position he held since 2019, effective at the end of the year.

As part of the transition of responsibilities, he will take on the role of Executive Director for the remainder of the year.

Mosher joined AM Best in 1995 as a Senior Financial Analyst and Actuary eventually holding roles of increasing responsibilities. In 2000, he was named Vice President of AMBRS’ specialty lines group in its property/casualty rating division.

Most recently, Gillard served as Executive Vice President and Chief Operating Officer of AMBRS. He joined AM Best in 2008 and spent nearly the past decade leading the enhancements of AM Best’s rating methodology and rating tools.

Arthur Snyder III, Chairman, President and CEO of A.M. Best Company, Inc. commented, “As we transition to the next chapter, I have great confidence in the strength of our team as AM Best meets head-on the current challenges of increased regulation of credit rating agencies while recognising the need for innovation amid an evolving insurance market. Under Jim’s leadership, I believe the organisation is well-positioned for continued success.”

“On behalf of AM Best, we are grateful to Matt for his dedicated leadership for nearly three decades. During his tenure, the insurance industry has undergone enormous changes, and Matt played a significant role in navigating AM Best through those market turns. We congratulate him on a well-deserved retirement,” Snyder added.

Mosher remains Chair and/or CEO of AM Best’s other affiliates until further notice, including, A.M. Best Europe Rating Services Ltd.; A.M. Best Asia-Pacific Limited; A.M. Best Asia-Pacific (Singapore) Pte. Ltd.; A.M. Best (EU) Rating Services B.V.; A.M. Best América Latina S.A. de C.V.; AM Best Europe Information Services Limited.

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