Oswald Companies, an independent insurance brokerage firm in the US, has promoted David Jacobs and Robert Klonk to the role of president.

In his new role, Jacobs will provide oversight for the firm’s property and casualty risk division and its branch office operations. He will continue serving as COO.

Klonk, who is also was promoted to chief sales officer, will continue to oversee employee benefits, retirement planning services and life insurance division.

Oswald chairman and CEO Marc Byrnes said over the last 10 years, Dave has proven his leadership abilities through his management oversight of all risk management practices, human resources, training and information services, technology and branch operations.

“In addition to his leadership on issues impacting Health Care Reform, Robert will continue to provide clients his strategic guidance and innovations in group purchasing programs when leading our company-wide sales strategies,” Byrnes said.

The company also said that Joseph DuBois will continue in his role as CFO, while also taking on responsibilities for human resources and administration.