CopperPoint Insurance Company has announced the appointment of Kellen Booher as president and chief operating officer, effective March 31. This leadership transition is part of a strategic succession plan, positioning Booher to assume the role of chief executive officer following the retirement of current CEO Marc Schmittlein in the first quarter of 2026.
In his new role, Booher will report to Schmittlein and collaborate with him over the next year to ensure a seamless transition. He joins CopperPoint from Chubb, where he most recently served as executive vice president and head of consumer and small commercial for key international markets. His extensive experience at Chubb also includes leadership in digital transformation across North America and international operations. Prior to Chubb, Booher held various product, distribution, and analytics positions at The Travelers Companies.
As president and COO, Booher will oversee the execution of CopperPoint’s business strategies and lead its operational functions. His responsibilities will encompass underwriting, claims management, data-driven decision-making, and talent development across the company’s 21-state footprint. Additionally, he will drive CopperPoint’s ongoing transformation initiatives and contribute to its growth objectives.
Following Schmittlein’s transition from CEO, he will continue to serve as executive chair of CopperPoint’s board of directors, maintaining his role as board chair. The current board members include:
- Marc Schmittlein (appointed in 2016)
- Marita Zuraitis (appointed in 2021)
- Thomas Bradley (appointed in 2024)
- Monica S. Digilio (re-appointed in 2024)
- LoriAnn Vaughan
- Michael Mathias (appointed in 2022)
- Mike Tully (appointed in 2019)
Financially, CopperPoint reported a combined ratio of 100.8% in 2023, indicating a near break-even between claims paid and premiums collected. The company also maintained a strong financial position, holding approximately $5.2 billion in assets and generating $715 million in gross written premiums during the same period.
Reflecting its financial stability and strong performance, AM Best reaffirmed CopperPoint’s financial strength rating at A (Excellent).
