Peter Hong Appointed as Assistant Vice President at Preferred Employers Insurance to Drive Growth in Workers Compensation Sector

Preferred Employers Insurance, a Berkley company, has taken a significant step towards reinforcing its leadership and operational capabilities by appointing Peter Hong as the new Assistant Vice President of Programs & Distribution Operations. This move is a clear indication of the company's strategy to infuse its team with experienced professionals who can spearhead growth and innovation, particularly in the workers compensation insurance sector.

With an impressive career spanning over twenty years in managing broker territories and distribution teams, Peter Hong brings a wealth of knowledge and expertise to Preferred Employers Insurance. His extensive experience across various segments, including personal lines, small commercial, middle market, and national accounts, positions him as a key player in the company's future success. Hong's primary focus will be on working closely with underwriting, marketing, and broker partners to drive sustainable and profitable growth.

S. Akbar Khan, President of Preferred Employers Insurance, expressed confidence in Hong's ability to contribute significantly to the company's objectives. "Peter’s leadership strengthens our ability to serve more California employers and ensure their injured employees receive the gold standard of care," Khan remarked. He further noted that Hong's strategic vision and expertise in distribution are crucial for scaling the company's operations while staying true to its mission of being the preferred workers compensation solution in California.

Hong's academic background, featuring a BS in Industrial Engineering from Georgia Tech and an MBA from the University of Wisconsin-Madison, provides a strong foundation for his new role. His appointment reflects Preferred Employers Insurance's commitment to excellence and innovation in addressing the needs of California's employers and their workforce.

This development is particularly noteworthy for the workers compensation insurance market in California. It underscores Preferred Employers Insurance's dedication to improving its service offerings and expanding its market presence. By harnessing Hong's expertise, the company is poised to refine its customer experience and operational approaches, ensuring that it remains responsive to the changing demands of California employers and continues to deliver exceptional care to injured workers.