GREAT AMERICAN INSURANCE GROUP


Associated tags: Insurance, American Financial Group, AFG, Superior, Professional Services, Finance, American Insurance Company Building, Great American

Locations: FLORIDA, SUMMIT, PENNSYLVANIA, VIRGINIA, MISSISSIPPI, CONNECTICUT, UNITED STATES, NORTH AMERICA, OHIO, JON

James F. Wood Named President of Summit Consulting LLC, a member of Great American Insurance Group

Retrieved on: 
Tuesday, April 30, 2024

Great American Insurance Group is pleased to announce the promotion of James F. Wood as President of its Florida-based workers’ compensation member, Summit Consulting LLC (“Summit”), effective June 1, 2024.

Key Points: 
  • Great American Insurance Group is pleased to announce the promotion of James F. Wood as President of its Florida-based workers’ compensation member, Summit Consulting LLC (“Summit”), effective June 1, 2024.
  • Mr. Wood will succeed Carol Sipe, who will retire in September after more than 35 years of service.
  • View the full release here: https://www.businesswire.com/news/home/20240430234527/en/
    Mr. Wood has spent his entire career with Summit, beginning in the Management Training program in 1997.
  • I am confident under his leadership Summit is well-positioned to continue its history as a superior workers’ compensation carrier,” said Mike Sullivan, Executive Vice President, Great American Insurance Group.

Great American Insurance Group Announces the Formation of a Dedicated Team to Expand its Embedded Insurance Offerings

Retrieved on: 
Wednesday, April 24, 2024

Great American Insurance Group is pleased to announce the formation of a dedicated embedded insurance team.

Key Points: 
  • Great American Insurance Group is pleased to announce the formation of a dedicated embedded insurance team.
  • Building upon the company’s 20 years of experience offering embedded insurance products, the new team will streamline and simplify the distribution of these offerings.
  • This newly-formed group, led by Chris Banocy, Divisional Senior Vice President, will assist in finding and evaluating new embedded insurance opportunities for Great American Insurance Group’s specialty property and casualty operations.
  • “While Great American has vast experience in the embedded channel, the demand for embedded coverages continues to grow at a rapid pace.

Jonathan M. Goldman and Kenneth R. Nieberding Promoted to the Role of Divisional President within Great American Insurance Group

Retrieved on: 
Tuesday, March 26, 2024

Great American Insurance Group is pleased to announce the promotions of Jonathan (Jon) M. Goldman and Kenneth (Ken) R. Nieberding to the role of Divisional President, effective July 1, 2024.

Key Points: 
  • Great American Insurance Group is pleased to announce the promotions of Jonathan (Jon) M. Goldman and Kenneth (Ken) R. Nieberding to the role of Divisional President, effective July 1, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240326675056/en/
    Mr. Goldman joined Great American Insurance Group in 2005 as an intern.
  • Mr. Nieberding began his career at Great American Insurance Group in 1998 as an underwriter for the Property & Casualty Group National Accounts Division.
  • In his new role, Mr. Nieberding will report to his predecessor Brian DeSoto, who was promoted to a Divisional Group President for the Property & Casualty Group in January 2023.

Laura A. True Named Divisional Vice President at Great American Insurance Group

Retrieved on: 
Tuesday, February 13, 2024

Great American Insurance Group is pleased to announce that Laura A.

Key Points: 
  • Great American Insurance Group is pleased to announce that Laura A.
  • True has joined its Cyber Risk Division as Divisional Vice President.
  • True joins the company from a cyber insurance provider, where she served as Senior Underwriter of its growing cyber risk and technology errors and omissions (E&O) insurance business.
  • “Laura’s expertise is a strong complement to Risk e-Business 2.0, our next generation cyber risk insurance product, which was released in late 2023,” said Betty Shepherd, Divisional President of Cyber Risk.

Introducing Bridgefield Indemnity Insurance Company: Elevating Workplace Protection

Retrieved on: 
Tuesday, January 16, 2024

Summit, a leading regional provider of workers’ compensation insurance services, announces the addition of Bridgefield Indemnity Insurance Company to its carrier offerings.

Key Points: 
  • Summit, a leading regional provider of workers’ compensation insurance services, announces the addition of Bridgefield Indemnity Insurance Company to its carrier offerings.
  • Bridgefield Indemnity Insurance Company is the sixth workers’ compensation insurance carrier currently managed by Summit.
  • I am confident that Bridgefield Indemnity Insurance Company will play an important role in helping us meet the needs of our customers,” states Carol Sipe, Summit’s president and CEO.
  • Bridgefield Indemnity Insurance Company is rated A+ (Superior) by AM Best with coverage currently available in Mississippi.

Gene J. Simpson Named President of Republic Indemnity®

Retrieved on: 
Tuesday, January 9, 2024

Great American Insurance Group is pleased to announce the hiring of Gene J. Simpson as President of its California-based workers’ compensation subsidiary, Republic Indemnity, effective immediately.

Key Points: 
  • Great American Insurance Group is pleased to announce the hiring of Gene J. Simpson as President of its California-based workers’ compensation subsidiary, Republic Indemnity, effective immediately.
  • View the full release here: https://www.businesswire.com/news/home/20240109640715/en/
    Mr. Simpson joins the company from a workers’ compensation insurance carrier in California, where he served as Vice President, Underwriting and Distribution.
  • Prior to this leadership role, he was the Vice President, Workers’ Compensation Product Management at the parent company of a Seattle-based workers’ compensation insurer.
  • “Gene comes to us with a strong underwriting background and a vast network of solid agency relationships that will undoubtedly benefit Republic,” said Jason Cohen, Senior Vice President of Great American’s Property & Casualty Group.

Nicholas T. Moraites Named Divisional Assistant Vice President at Great American Insurance Group

Retrieved on: 
Wednesday, November 15, 2023

Great American Insurance Group is pleased to announce that Nicholas (Nick) T. Moraites has joined its Fidelity / Crime Division as Divisional Assistant Vice President of Claims.

Key Points: 
  • Great American Insurance Group is pleased to announce that Nicholas (Nick) T. Moraites has joined its Fidelity / Crime Division as Divisional Assistant Vice President of Claims.
  • View the full release here: https://www.businesswire.com/news/home/20231115687685/en/
    Mr. Moraites joins the company from a large commercial and personal property and casualty insurer, where he served as Senior Claim Counsel.
  • Prior to working in the insurance industry, he was a litigator for several prominent law firms.
  • We welcome his insurance and legal experience and look forward to his contributions to our claims operation,” said Stephanie Hoboth, Divisional President, Fidelity / Crime.

Summit Updates COMPInsiders Reports on Injury Trends and Insight

Retrieved on: 
Tuesday, October 17, 2023

Summit, a leading regional provider of workers’ compensation insurance services, announces the release of its updated COMPInsiders® reports, designed to provide valuable insight into claims and injury trends.

Key Points: 
  • Summit, a leading regional provider of workers’ compensation insurance services, announces the release of its updated COMPInsiders® reports, designed to provide valuable insight into claims and injury trends.
  • View the full release here: https://www.businesswire.com/news/home/20231017251199/en/
    The industry-specific reports include claims data from 2017 through 2022 for Summit-managed insurers.
  • The Loss Prevention COMPInsiders reports can be accessed at summitholdings.com .
  • Summit provides premier workers’ comp coverage, as well as numerous resources to help educate insured businesses and their employees on safe work practices.

Great American Insurance Group Announces the Promotion of Joseph R. Kowaleski to Senior Vice President & Chief Information Officer

Retrieved on: 
Thursday, September 28, 2023

Great American Insurance Group is pleased to announce the promotion of Joseph (Joe) R. Kowaleski to Senior Vice President & Chief Information Officer.

Key Points: 
  • Great American Insurance Group is pleased to announce the promotion of Joseph (Joe) R. Kowaleski to Senior Vice President & Chief Information Officer.
  • Mr. Kowaleski will assume this role effective October 2, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230928166774/en/
    Mr. Kowaleski joined the company in 2017 and most recently served as Divisional Senior Vice President overseeing IT infrastructure and corporate applications.
  • Prior to joining Great American, Mr. Kowaleski held various IT leadership roles at an American multi-national information technology company.

Summit Releases Report on Top Five Workers’ Comp Claims in Retail

Retrieved on: 
Thursday, August 31, 2023

Summit, a leading regional provider of workers’ compensation insurance services, releases COMPInsiders® Top Injuries in Retail report identifying the top five claims it sees in the retail industry.

Key Points: 
  • Summit, a leading regional provider of workers’ compensation insurance services, releases COMPInsiders® Top Injuries in Retail report identifying the top five claims it sees in the retail industry.
  • View the full release here: https://www.businesswire.com/news/home/20230831629915/en/
    The report highlights the top five claims in retail based on lost time and medical only claims for Summit-managed insurers.
  • From 2017 through 2022, Summit received more than 9,600 workers’ compensation claims in the retail industry, and 22% of those claims were caused by strain.
  • Summit provides premier workers’ comp coverage, as well as numerous resources to help educate insured businesses and their employees on safe work practices.