The Inland Marine Underwriters Association (IMUA) has selected Matthew Derrick as its new President and Chief Executive Officer, a move that promises to accelerate the organization's strategic initiatives in digital innovation and professional development.
Derrick brings extensive leadership experience to the role, most recently serving as CEO of Kodeco.com, where he managed a global team of over 300 employees and contractors. During his tenure, he successfully rebranded the company and developed innovative learning assessment platforms that advanced professional certifications.
Tony Falcone, President of Intact Inland Marine, expressed confidence in Derrick's appointment, highlighting his exceptional track record in digital transformation and professional growth. Falcone noted that Derrick's leadership would build upon recent IMUA initiatives, including a new website and learning portal.
The appointment comes at a critical time for the inland marine insurance industry, which is experiencing rapid technological and professional evolution. Derrick's vision centers on promoting innovation, driving professional development, and creating robust networking opportunities for industry professionals.
With a membership representing over 90 percent of commercial inland marine insurers, IMUA plays a crucial role in providing comprehensive training, educational programs, industry analysis, and seminars. Derrick's leadership is expected to further strengthen the organization's position as an industry leader.
In his inaugural statement, Derrick emphasized his commitment to building on IMUA's strong foundation and advancing the association's strategic objectives. He expressed particular enthusiasm about meeting members at the upcoming annual meeting in April and continuing to evolve the organization's approach to professional development.
The selection of Derrick signals IMUA's strategic focus on leveraging technology, enhancing member value, and maintaining its role as a premier professional association in the inland marine insurance sector.
