Building supply captive names new chairman

Bermuda-based captive insurance company Member Insurance has announced the appointment of Rob Gardiner to serve as chairman.

He succeeds Linda Johnson as chairwoman. The owner of Village True Value Hardware, Western Springs, Illinois, will remain as a director.

Member Insurance is the parent company of American Hardware & Lumber Insurance. MIL is owned by the policyholders whose insurance is placed by AHLI and reinsured by MIL. AHLI is dedicated to meeting the insurance needs of independent hardware stores, lumber dealers, building material dealers, paint retailers and other retail businesses in the home improvement sector.

"Rob brings terrific knowledge of the hardware store industry," said Scott Reynolds, president of Member Insurance Ltd and CEO of AHLI. "Rob understands the risks, challenges, and opportunities for retail store owners, and he knows how we, as an insurance solutions provider, can best partner with store owners. Rob has a terrific reputation in the industry and has recently taken on multiple leadership roles."

Reynolds added: "Linda has been a fantastic board chair for Member Insurance Ltd. Our company has benefited from Linda's leadership on the board as well as her ongoing support of our mission to provide the best risk management solutions possible to hardware retailers."
Gardiner has been a director of Member Insurance since 2016 and owns and operates Damariscotta Hardware and Randolph Hardware in Maine.