1. Jeffrey J. Dailey appointed to FAF's board of directors. 2. Dailey has 40 years of insurance industry experience. 3. He previously led Farmers Group's digital transformation. 4. His expertise enhances FAF's leadership in digital solutions. 5. FAF is recognized for innovation and strong financial stability.
Dailey's experience can enhance FAF's strategic direction, potentially boosting investor confidence, similar to prior key appointments in competitive sectors that saw stock price increases due to improved leadership strategies.
Dailey's extensive experience in insurance and digital innovation is highly relevant, increasing FAF's potential for future growth in a competitive market and showcasing the company's ongoing commitment to leadership and innovation.
The positive implications of strategic leadership changes typically take time to realize, particularly in a firm focused on digital transformation within a highly regulated industry.
First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, announced today that Jeffrey J. Dailey has been appointed to the company's board of directors.
A proven strategic and innovative executive leader with more than four decades of experience in the insurance industry, including over 25 years in executive leadership, Dailey is highly regarded for his ability to steer and transform large businesses in highly regulated industries. During his decade-long tenure as chief executive officer of Farmers Group, Inc., a subsidiary of Zurich Insurance Group, he spearheaded the company's evolution into a customer-focused and innovation-driven organization and led the acquisition and integration of MetLife's property and casualty business. Earlier in his career, he served as chief executive officer of Reliant Insurance, a company he founded, which was subsequently acquired by Bristol West Holdings.
"We are pleased to welcome Jeff to First American's board," said Dennis J. Gilmore, executive chairman of First American Financial Corporation. "His impressive combination of experience in leadership, operations and technology-driven innovation at multibillion-dollar insurance businesses enhances the depth and breadth of expertise on our board and will be invaluable as the company continues to lead the digital transformation of the title and settlement industry."
Dailey currently serves on the boards of Verisk Analytics, Inc. and Liberty Mutual Holding Company. His previous board experience includes service on the boards of Farmers Group, Inc. and The Institutes. He earned a master's degree in business administration from the University of Wisconsin–Milwaukee and a bachelor's degree in economics from the University of Wisconsin–Madison.
About First American
First American Financial Corporation (NYSE:FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 135 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $6.1 billion in 2024, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2025, First American was named one of the 100 Best Companies to Work For by Great Place to Work® and Fortune Magazine for the tenth consecutive year. More information about the company can be found at www.firstam.com.
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