SOURCE: Ark Royal Insurance

Ark Royal Insurance

November 02, 2015 10:00 ET

Ark Royal Holdings LLC Appoints Robert H. Willis Jr. as President

ST. PETERSBURG, FL--(Marketwired - November 02, 2015) - Ark Royal Holdings LLC announces the appointment of Robert H. Willis Jr. as president of the company's board of directors. He replaces Dennis G. Ruppel, who is staying on as the board's chairman and chief executive officer.

Ark Royal Holdings, founded in 2007, owns Ark Royal Insurance Co. and Ark Royal Underwriters LLC. Willis has served as secretary and as a director for Ark Royal Holdings' board since the company's inception.

"Ark Royal Insurance is an excellent caretaker of its policyholders, run by a conscientious and steady-handed board of directors," Willis said. "A growing pool of high-performing agents represents Ark Royal in Florida, Louisiana and Texas. I assume the presidency of Ark Royal with pride and excitement and look forward with the expectation of continued success and muscular growth."

Willis, who is a partner at the law firm of Skelton, Willis & Wallace LLP, has served as an officer and director of banking, trust and insurance companies within Florida for more than 16 years. He is a summa cum laude graduate of Washington & Lee University; attended the University of St. Andrews in Fife, Scotland, as a recipient of a Rotary Foundation Educational Award; and is a cum laude graduate of Harvard Law School.

"The board conducted an extensive search among many candidates in the insurance and financial services industries," Ruppel said. "Given his experience, in other companies, and his highly productive involvement in Ark Royal since its inception, Bob emerged as the clear choice to lead Ark Royal. We are very pleased to have Bob as our president, and we anticipate an active and positive future for the company as we work together to continue Ark Royal's success."

Founded in 2007, St. Petersburg-based Ark Royal Insurance Co. writes and services property and casualty insurance in Florida, Louisiana and Texas. It insures about 100,000 residences, which includes nearly 2% of Florida's policies in force within the personal residential market. Ark Royal policies are managed by ASI Underwriters, a proven insurance group that offers policies through independent agents, and is on target to sell in all 50 states by 2017.

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