State Compensation Insurance Fund, a provider of workers' compensation insurance, has strenthended its executive team by appointing Ken Van Laar as new chief risk officer and Daniel Sevilla as chief financial officer, who has served in an interim role since October 2010.
In his new role, Van Laar will be responsible for underwriting, actuary, and risk management functions, as well as State Fund’s risk committee.
Van Laar will join State Fund from CompWest Insurance, where he was a senior vice president and chief underwriting officer.
Van Laar was Liberty Mutual’s first regional actuary between 1994 and 1999, before becoming the vice president & chief actuary of Liberty Mutual’s Middle Market.
As chief financial officer, Sevilla will be responsible for directing State Fund’s overall financial policies, including financial forecasting, accounting, budgeting, and tax reporting.
Sevilla has expertise in strategic and financial planning, business and financial analysis, and management reporting. His experience includes serving as vice president of Financial and Operational Planning and Analysis at AAA of Northern California, Nevada, Utah, and California State Automobile Association Inter-Insurance Bureau from 2007-2010.