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Old Republic International Corp (ORI)
Insurance Financial
Stock AI

Old Republic International Corp Announces Key Leadership Changes

Last updated: March 10, 2026
Taurigo

Location: Chicago, IL

In a strategic move aimed at reinforcing its leadership in the specialized insurance market, Old Republic International Corporation (NYSE: ORI) has announced the appointment of Doug Wordekemper as the new Chief Executive Officer of Old Republic Professional, effective March 23, 2026. This change comes as part of a broader management restructuring within the company, which also sees Frank Kastelic transitioning to the role of President, Public D&O (Directors and Officers insurance), reporting directly to Wordekemper.

1. Leadership Transition

Doug Wordekemper joins Old Republic Professional with a robust background in Financial Lines underwriting and leadership, boasting over 25 years of industry experience. His most recent position was as Head of Wholesale Financial Lines at a prominent global specialist insurer, where he demonstrated a commitment to disciplined underwriting and strategic portfolio management.

Craig Smiddy, President and CEO of Old Republic International, expressed confidence in Wordekemper’s leadership abilities, stating, "Doug has a long track record of disciplined underwriting, thoughtful portfolio management, and partnership with brokers and clients." Smiddy highlighted Wordekemper's people-first leadership style, which is expected to resonate well with Old Republic's corporate culture.

Frank Kastelic, who has been at the helm of Old Republic Professional as President, is set to leverage his extensive expertise and established relationships in the Public D&O segment. This segment is the largest within Old Republic Professional, and Kastelic's leadership is anticipated to enhance the company’s offerings in this critical area.

2. Looking Ahead

The leadership changes come at a pivotal time for Old Republic International as it seeks to navigate the evolving landscape of the insurance industry. Under the guidance of the newly expanded executive team, the company aims to strengthen its position as a leader in specialized insurance solutions.

Smiddy remarked on the collective strength of the new leadership, noting, "We are excited for our expanded executive team to lead Old Republic Professional's specialty underwriters and diversified portfolio into the future." This statement underscores the company's commitment to innovation and excellence in serving its clients across the United States and Canada.

3. About Old Republic

Founded in 1923, Old Republic International Corporation has established itself as a leading specialty insurer, with a diverse portfolio that includes both property & casualty and title insurance companies. As a member of the Fortune 500, Old Republic is recognized for its expertise in underwriting and risk management services. The company prides itself on offering tailored solutions that meet the unique needs of its business partners.

In a market characterized by rapid changes and increasing complexity, Old Republic's specialized operating companies remain equipped to deliver expert services and innovative solutions, ensuring their clients are well-protected against emerging risks.

For further details about Old Republic International and its offerings, please visit www.oldrepublic.com.

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