Global Indemnity Group Executive Compensation (FY25)
GBLI · Executive and director compensation, fiscal 2024 to 2025
The Global Indemnity Group brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
Data as of September 12, 2026Latest filing (8-K): June 16, 2026
5 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
$1,500Get the executive brief
87 figures on this page: 84 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Joseph Brown: $4,120,179 → $4,001,790 (2.9% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Global Indemnity Group's chief executive and what were they paid?
Joseph Brown, Chief Executive Officer, received $4,001,790 in total compensation for fiscal 2025. Compared with the $4,120,179 reported for fiscal 2024, Brown's total was 2.9% lower.
What was Global Indemnity Group's say-on-pay result?
The say-on-pay proposal drew 98.9% of votes cast for or against in favor at the meeting held June 10, 2026 for fiscal 2025.
Which companies are in Global Indemnity Group's peer group?
Companies named in the disclosed peer group include Amerisafe, Inc., Ategrity Specialty Insurance Co., Donegal Group, Inc., Employers Holdings, Inc. and HCI Group, Inc., among others.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Joseph Brown Chief Executive Officer | ◇ | ◇ | — | ◇ | — | — | ◇ | ◇ |
Alan Hirst Chief Information Officer | ◇ | ◇ | — | ◇ | ◇ | — | ◇ | ◇ |
Brian Riley Chief Financial Officer | ◇ | ◇ | — | ◇ | ◇ | — | ◇ | ◇ |
Stanley Lam Senior Vice President, Penn-America | ◇ | ◇ | — | ◇ | ◇ | — | ◇ | ◇ |
William Balderston Senior Vice President, InsurTech & Chief Marketing Officer | ◇ | — | — | ◇ | ◇ | — | ◇ | ◇ |
Thomas McGeehan Former Chief Financial Officer Departed during or after this year | ◇ | — | — | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Joseph Brown Chief Executive Officer | ◇ | ◇ | — | ◇ | — | — | ◇ | ◇ |
Brian Riley Chief Financial Officer | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Joseph W. Brown | OPTION | — | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Brian Riley | Option | ◇ | — | ◇ | — |
| Joseph Brown | Option | ◇ | — | ◇ | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Joseph Brown
Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance multiple | ◇ |
| Severance cash amount | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Saul A. Fox Board chair | — | ◇ | — | — | — | — | ◇ |
Thomas M. McGeehan | — | ◇ | — | — | — | ◇ | ◇ |
Seth J. Gersch | — | ◇ | — | — | — | — | ◇ |
Fred E. Karlinsky | — | ◇ | — | — | — | ◇ | ◇ |
Bruce R. Lederman | — | ◇ | — | — | — | ◇ | ◇ |
Jason C. Murgio | — | ◇ | — | — | — | ◇ | ◇ |
Joseph W. Brown, Fred R. Donner and Gary C. Tolman served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Equity is delivered as Restricted Stock.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Amerisafe, Inc. AMSF
- Ategrity Specialty Insurance Co. ASIC
- Donegal Group, Inc. DGICA
- Employers Holdings, Inc. EIG
- HCI Group, Inc. HCI
- Heritage Insurance Holdings, Inc. HRTG
- Horace Mann Educators Corporation HMN
- IFG Companies symbol not shown
- Kinsale Capital Group, Inc. KNSL
- ProAssurance Corporation PRA
- RLI Corp. RLI
- Root, Inc. ROOT
- Safety Insurance Group, Inc. SAFT
- Tiptree, Inc. TIPT
- United Fire Group, Inc. UFCS
- United Insurance Holdings Corp. UIHC
- Universal Insurance Holdings, Inc. UVE
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | June 10, 2026 | = | ◇ | ◇ | ◇ |
| 2022 | June 14, 2023 | = | ◇ | ◇ | ◇ |
| 2016 | June 14, 2017 | = | ◇ | ◇ | ◇ |
What this page does not include
Everything above is a fact Global Indemnity Group disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Global Indemnity Group sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
87 figures on this page: 84 cited to the filing that reported them, 3 calculated from figures it prints.
84 cited to the filing
3 calculated from the filing
Documents cited
- 0001193125-26-272220
- 0001193125-26-1919422025 Non-Employee Director Compensation · DIRECTOR COMPENSATION · GRANTS OF PLAN-BASED AWARDS · OUTSTANDING EQUITY AWARDS · and 1 more section
- 0001193125-25-107139Compensation Discussion and Analysis · SUMMARY COMPENSATION TABLE
- 0001193125-23-166942
- 0001193125-17-204801
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Global Indemnity Group executive compensation, FY2024–FY2025.” https://intel.velarion.ai/comp/GBLI (accessed 2026).
Short form: data: Velarion
The Global Indemnity Group brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
5 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about Global Indemnity Group and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Peers Global Indemnity Group discloses
The companies named in GBLI's own disclosed peer group.
Amerisafe, Inc.Ategrity Specialty Insurance Co.Donegal Group, Inc.Employers Holdings, Inc.HCI Group, Inc.Heritage Insurance Holdings, Inc.Horace Mann Educators CorporationKinsale Capital Group, Inc.ProAssurance CorporationRLI Corp.Root, Inc.Safety Insurance Group, Inc.Tiptree, Inc.United Fire Group, Inc.United Insurance Holdings Corp.Universal Insurance Holdings, Inc.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}