Denver-Based Workers’ Comp Insurer Pinnacol Assurance Hires Jennifer Neppel as Chief Investment Officer


Denver, CO ( - Following a national search, Pinnacol Assurance announced that Jennifer Neppel has accepted the role of chief investment officer. Neppel will succeed Chief Investment Officer David Bomberger, who will retire on March 1 after nine years with Pinnacol. The chief investment officer is responsible for maintaining Pinnacol’s financial strength and robust surplus, which ensure Pinnacol can protect businesses and provide necessary workers’ compensation benefits under varying economic conditions.

Neppel is an accomplished executive with a deep background in investment management, mostly for large health care organizations. Neppel managed captive insurance, operating, retirement, defined contribution and foundation investment portfolios. 

“Our exceptional financial strength and robust surplus is the bedrock of our promise to protect the businesses and workers of Colorado,” said Phil Kalin, Pinnacol president and CEO. “Our mission and purpose are central to everything we do, and these were strong drivers of her decision to join our team.”

Neppel holds chartered financial analyst (CFA) and certified cash manager (CCM) designations. She is also a distinguished alumnus of the University of North Dakota, where she received her Bachelor of Business Administration in information management and finance, and has a Master of Science in finance from the University of Colorado. Jennifer has served on a number of boards and is active in the community; she currently serves on the board and as an investment committee member for the Catholic Foundation of Northern Colorado.

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