Matthew Derrick Appointed as New President and CEO of IMUA, Signaling a New Era for Inland Marine Insurance

The Inland Marine Underwriters Association (IMUA) has ushered in a new chapter with the appointment of Matthew Derrick as its President and Chief Executive Officer. This leadership change is poised to influence the national commercial inland marine insurance industry significantly. Derrick's background, including his recent role as CEO of Kodeco.com, where he led a global team and spearheaded digital transformation initiatives, positions him as a visionary leader capable of steering IMUA towards future growth.

Tony Falcone, President of Intact Inland Marine, has publicly endorsed Derrick's appointment, citing his impressive achievements in digital innovation and professional development. Derrick's alignment with IMUA's current projects, such as the launch of a new website and learning portal, underscores the association's commitment to modernizing its offerings and enhancing member value.

Under Derrick's leadership, IMUA is expected to continue its legacy of supporting the inland marine insurance sector through education, research, and networking opportunities. Representing over 90 percent of commercial inland marine insurers, IMUA plays a pivotal role in the industry. Derrick's focus on innovation and professional development is timely, as the sector navigates the complexities of a rapidly evolving insurance landscape.

Founded in 1930, IMUA has a storied history of advancing the inland marine insurance industry. Derrick's appointment is a strategic move to ensure the association remains at the forefront of professional insurance education and networking, adapting to new challenges and opportunities in the digital age.