Insurance and IT veteran Robert Menke, bringing a longstanding career record with Bankers Financial Corp. (BFC), became the firm’s president effective March 7, the St. Petersburg, Florida-based company announced recently.
Beginning his relationship with Bankers as a programmer, Menke advanced to take on various leadership roles over the years. With a MBA from the University of South Florida, he has held positions ranging from information systems manager to SVP of corporate services. During a short period of time spent outside BFC, Menke led an IT consultancy specializing in defining and implementing major strategies for insurance companies.
Within a three-year period from 1999 through 2002, when Menke served with the firm’s subsidiary Bankers Insurance Group, Bankers saw revenue growth of 33 percent, ranking as the nation’s second largest flood insurance carrier in a federal “Write Your Own” (WYO) program.
“We are very excited to bring Rob's IT and Insurance expertise back into Bankers," John Strong, BFC chairman and CEO, said. “His in-depth knowledge of IT infrastructure coupled with the strong leadership team assembled by our President of Insurance, Judy Copechal, will only accelerate our timeline to implement leading-edge modeling and analytics within our insurance businesses."
Menke will implement leadership by supervising the corporate shared services division, including IT, corporate marketing, and human resources, as well as insurance. Additionally, he will manage Bankers Financial's corporate alternative investments.