Leadership
Global Indemnity Group Appoints Jessica E. Buss to Board as Bruce Lederman Resigns
By News Desk ·
Key takeaways
- Jessica E. Buss became a Fox Paine Designated Director and ERM Committee chair at Global Indemnity Group on October 26, 2026.
- Bruce Lederman resigned from the board on the same date, leaving his Audit and Conflicts Committee seats.
- Buss's director term runs through December 31, 2026, and she is subject to the non-executive director compensation plan.
Global Indemnity Group appointed Jessica E. Buss as a designated director and chair of its ERM Committee effective October 26, 2026, after Bruce Lederman resigned from the board, TradingView reported. Buss's term runs through December 31, 2026.
Buss Takes Fox Paine Board Seat
Buss joins the board of Global Indemnity Group as a Fox Paine Designated Director, the same role Lederman held. Fox Paine appointed her, and she became a director under an agreement with the Class B Majority Shareholder.
Buss chairs the ERM Committee and sits on the Audit, Conflicts, and Nominating, Compensation and Governance Committees. Lederman had served on the Audit and Conflicts Committees. The filing did not disclose his reason for resigning.
Buss is subject to the non-executive director compensation plan. The filing states no other material plan, contract, arrangement, grant or award in connection with her appointment.
Board Changes Under Fox Paine
Global Indemnity Group elected Seth J. Gersch to its board at the 2026 Annual Meeting of Shareholders with 41.9 million votes in favor, according to akta.pro company records. The same records show the company reappointed Michele Colucci to the board in May 2026, citing AI, digitalization and risk management expertise from DigitalDx Ventures.
In March 2026 the company appointed Evan J. Kasowitz as Chief Operating Officer, moving the existing President of Belmont Holdings into a group-wide operational role. The records list Jay Brown as Chief Executive Officer and Brian Riley as Chief Financial Officer.
Earlier Fox Paine Milestones
AM Best affirmed the A (Excellent) rating of Global Indemnity Group's U.S. insurance subsidiaries in August 2026, marking 24 years of consecutive ratings at that level since Fox Paine acquired the company in 2003, FinancialContent Business Page reported. AM Best cited strong balance sheet strength and a stable outlook for subsidiaries including Diamond State Insurance Company and Penn-America Insurance Company, according to Business Wire Blog.
Global Indemnity Group announced a $0.35 per share dividend payable on September 30, 2026, with an ex-dividend date of September 18, 2026, Yahoo reported.