Ohio Indemnity Company, a company engaged in underwriting specialty insurance, has appointed Daniel Stephan as the new president of lender services.

Mr Stephan has more than two decades of experience providing insurance products to automobile lenders. During the past eight years, he has expanded insurance product lines for the company’s automobile lenders and recently added products for equipment manufacturers.

Mr Stephan has served as senior vice president of lender services since 2003. He joined the company as vice president in 2000 and continued in that position until 2003. Prior to joining the company, he held various manager positions at Markel American Insurance Company and at Progressive.

John Sokol, chairman, president and CEO, said: We are pleased to elect Dan to this new position, which reflects both our commitment to this business and his achievements during the past eight years. He has helped to grow our product portfolio and also led efforts this past year to introduce a specialized insurance product for equipment manufacturers.