Wednesday, June 15, 2011

Karlsberg International Insurance Corporation Announces New President/CEO

Press Release
June 1, 2011 | Pittsburgh, PA

The Board of Directors of Karlsberg International Insurance Corporation have announced that Wayne P. Kurtz will become the Company’s President & Chief Executive Officer, effective June 1, 2011.  His role moving forward will include a complete oversight of the company’s entire operation, including but not limited to marketing, finance, branding and strategic plan execution.

Chairman of the Board, Joel Nagel stated, "After an extensive global search, Karlsberg Insurance is pleased to announce Wayne Kurtz as its selection as President and CEO. We are very pleased that Wayne has agreed to lead the company and have high expectations that he'll be able to successfully position the company and its products to go after the highest end of the insurance markets. Wayne's knowledge of deferred benefit programs and his non stop work ethic made him a very good fit for the company".

Mr. Kurtz said, “I am excited and grateful to work with such a diverse board of directors and strategic partners to move forward the long term strategic/tactical plans and management of Karlsberg International Insurance Corporation.  I also look forward to working with the rest of the senior management team and our colleagues around the world to leverage the power of Karlsberg International Insurance Corporation for our clients, our employees and most of all, our shareholders.”

Background on Wayne P. Kurtz

Prior to joining Karlsberg International Insurance Corporation, Mr. Kurtz was the Senior Vice President for Aon Consulting from 2001 to 2011, where he oversaw consulting to Fortune 500 companies with respect to executive retention and attraction strategies.

A native of Pennsylvania, Mr. Kurtz earned a B.S. degree in Finance from Robert Morris University and his Masters in Taxation from Duquesne University.

About Karlsberg International Insurance Corporation 

Karlsberg International Insurance Corporation provides tax-advantageous investments and off-shore benefits that are designed to comply with United States income tax laws.  The Belize based company provides offshore benefits with onshore security so that investors can grow their investments tax-advantageous within a customized policy.

Media Relations, Clay Abney, 251.586.4271