Vermont Mutual Insurance coverage promotes McDonnell to EVP/COO

Vermont Mutual Insurance coverage Group has introduced that Mark J McDonnell has been promoted to Govt Vice President and Chief Working Officer of the Group. Mr. McDonnell is an business veteran with 30 years of property casualty expertise, having held a wide range of administration positions of accelerating duty with each regional and nationwide carriers previous to becoming a member of Vermont Mutual as Senior Vice President in 2014.

In his new function, McDonnell will assume duty for Claims, whereas retaining his current duties for Advertising and marketing, Underwriting, Product Growth, R&D/Pricing, Loss Management, Compliance and Communications. 

“Since becoming a member of Vermont Mutual, Mark has been instrumental in directing plenty of strategic initiatives, in addition to offering everyday management help inside our group. His management and wealth of expertise will assist to make sure the long-term development and success of Vermont Mutual Insurance coverage Group and I sit up for partnering with Mark as we transfer the group ahead” stated President and Chief Govt Officer, Daniel C. Bridge.

Mr. McDonnell stated  “I’m very grateful for the help and confidence proven in me by Dan and our Board of Administrators, and sit up for persevering with to work with the nice workforce at Vermont Mutual, and our Company Companions that symbolize us so properly of their markets.”

McDonnell’s insurance coverage designations embrace CPCU, CIC, AIT, AAM and AIM. He acquired his Bachelors of Science in Enterprise and Biology from Albright Faculty and his Masters of Enterprise Administration from Jap College. He presently serves on the Ethics Committee of the Nationwide CPCU Society and IIABA’s Council for Greatest Practices and has served on the boards of a number of neighborhood organizations and business panels throughout his profession.

Chartered in 1828, Vermont Mutual Insurance coverage Group® (vermontmutual.com) is without doubt one of the ten oldest mutual property/casualty insurers in america. They’ve operated repeatedly since that point in Montpelier, VT. Together with the wholly owned subsidiary, Northern Safety Insurance coverage Firm, Inc. and the affiliated Granite Mutual Insurance coverage Firm, Vermont Mutual Insurance coverage Group gives insurance coverage options all through the Northeast. With greater than 800 impartial company workplace places, the Group insures over 285,000 policyholders with a direct written premium of greater than $400,000,000. Vermont Mutual is rated “A+ Superior” by A. M. Greatest and a Ward’s High 50 performing property/casualty insurer for the previous seven consecutive years.

Supply By https://vermontbiz.com/individuals/april/vermont-mutual-insurance-promotes-mcdonnell-evpcoo

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