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Company Briefs
Harford Mutual Insurance Group Appoints Two New Board Members
Bel Air, Md. – Harford Mutual Insurance Group announces Jillian Froment and Teresa McTague have been appointed to its Board of Directors.
Jillian Froment is a seasoned insurance regulator with extensive experience in both the private and public sectors, including the last 10 years at the Ohio Department of Insurance, where she served as Deputy Director and Director until September 2020. She will serve on the Board’s Audit and Governance Committees.
Froment currently serves as an Advisory Board Member for Monitaur, a developer of machine learning assurance technology. In addition, she served as a committee member for the National Association of Insurance Commissioners (NAIC). She received her Juris Doctorate from Capital University Law School and Bachelor of Science degree from The Ohio State University. She received the 2020 Ohio Insurance Agents Citation Award and the 2019 Diverse and Inclusive Workplace Award. Froment has also been named an American Fraternal Alliance 2017 Outstanding Policymaker and spotlighted on the list of Columbus Business First 2017 Insurance Industry People to Know.
Teresa McTague is a senior executive with over 30 years of experience in investments, capital markets, finance, portfolio management, and asset and risk management. She is currently a Senior Managing Director for Aflac Global Investments, also serving as the U.S. Chief Investment Officer; Head of Asset Management Risk; Global Head of Direct Lending, Real Estate and Infrastructure Debt; and Global Head of ESG Investment Strategies.
McTague previously served as the Senior Portfolio Manager/ Client Strategist at General Re - New England Asset Management. Teresa was also a member of the General Reinsurance Risk Committee. She will serve on the Board’s Compensation and Investment Committees.
McTague received a bachelor’s degree in economics from the University of California at Berkeley and a Master of Business Administration from The Wharton School at the University of Pennsylvania.
Progressive Board Receives National Award
NACD is proud to announce Progressive has been awarded the 2021 NACD Diversity, Equity & Inclusion (DE&I) award, formerly NACD NXT®. In collaboration with Deloitte, the NACD DE&I Awards highlight forward-thinking boards that leverage the power of diversity, equity, and inclusion to enhance their governance and create long-term value for their organizations and stakeholders.
What made Progressive stand out? "Their DE&I program includes four primary objectives: maintaining a fair and inclusive work environment; employees reflecting its customers; leadership reflecting the company’s employees; and contributing to the communities in which the company operates. Additionally, this past year, the company committed to doubling representation of people of color in senior leadership positions by 2025. In 2020, 56 percent of leadership promotions were awarded to women and 25 percent of such promotions to people of color. The company is one of few in the Fortune 500 to have both a woman CEO and a woman independent chair. The board has achieved gender parity and 17 percent of the board is ethnically diverse. The company’s annual “Inclusion Week” supports employees in building their inclusive skill sets and implementing them in a business context."
Stonetrust Goes Live With Insurity's Workers' Comp Suite
Effective January 1, 2022, Stonetrust Commercial Insurance Company has fully implemented Insurity Workers’ Comp Suite, eliminating the use of multiple operating systems to reduce response time and immediately improve operational efficiency by up to 10%. The implementation included the conversion of Stonetrust’s historical data. With Workers’ Comp Suite, Stonetrust can enable straight-through processing to agency partners, integrate data analytics, and provide agents and policyholders with improved data access. Examples include custom reports and tools which enable carriers to better assess emerging risks and trends and allow carriers to identify and resolve problems quickly. Customers have access to their data through the Workers’ Comp Suite portal, saving them time by reducing the need for telephone and email inquiries to obtain the information they would have otherwise needed to contact the carrier to gather.
Stonetrust provides coverage for businesses in Arkansas, Louisiana, Mississippi, Missouri, Nebraska, Oklahoma, Tennessee and Texas. Effective January 1, 2022 Stonetrust has expand into Alabama and Kansas and launched its preferred tier company, Stonetrust Premier Casualty Insurance Company.
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AM Best Boosts ICW Group’s Credit Rating
In December 2021, AM Best announced it has revised the Long-Term Issuer Credit Rating outlook to positive from stable for ICW Group Insurance Companies, a leading group of property and casualty carriers. In addition to the credit rating boost, AM Best affirmed ICW Group’s Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (ICR) of “A” (Excellent).
“This positive rating is a testament to our team’s unwavering commitment across the country to our financial strength, stability and growth,” said Kevin Prior, ICW Group President and CEO. “It not only validates our strong performance but also helps drive our growth strategy as we expand our product portfolio, diversify geographically and continue introducing value-added products and services that enhance our customers’ experiences.”
Susan Rider, MS, GBHR, REBC, ASF, CSFS, CDHC
Human Capital Concepts has hired Susan Rider as Director of Compliance and Human Resources Consultant. Susan is a human resource executive working alongside business leaders to transform their organization initiatives and strategies in preparation for long-term sustainability and growth.
Susan has vast experience in human resource consulting, employee benefits, wellness and compliance. She is actively involved in the National Association of Health Underwriters, and serves as Secretary. Susan serves on Governor Holcomb’s Indiana Department of Insurance (IDOI) CE Advisory Council, is a founding member of the Food Secure Indy project and is an adjunct faculty member at IUPUI in the Organizational Leadership Program. She has received multiple awards, most significant – NAHU’s Distinguished Service Award, recognized in the Hot 100 Agents by Insurance Business Magazine and 25 Most Influential Women in Benefit Advising by Employee Benefit Advisor. Susan received her Master’s degree from the University of Indianapolis in Strategic Leadership and Design.
This January, The Hanover Insurance Group, Inc. was named one of America's Most Responsible Companies by Newsweek. The award is given to companies that demonstrate a strong commitment to corporate social responsibility, with a focus on environmental, social, and corporate governance factors.
The Hanover is committed to being a good corporate citizen and brings sustainability to the forefront of its business and operations. Making a difference in the lives of others, caring for the environment, and adhering to ethical and responsible governance, policies and procedures creates value for the company's constituents and benefits society.
"We understand our responsibility to those who directly depend on us and to society as a whole," said John C. Roche, president and chief executive officer at The Hanover. "We are honored to be recognized for the efforts and the contributions we are making. We look forward to continuing to deliver innovative, high-quality, and dependable insurance solutions for our agents and customers while being responsible stewards of our environment, helping build stronger and healthier communities, and managing our company and our actions with integrity."
Tyrann Mathieu Wins Nationwide’s Charity Challenge and $25,000
For the second straight year and third time overall, a Kansas City Chiefs nominee for Walter Payton NFL Man of the Year presented by Nationwide has captured the top prize in Nationwide’s Charity Challenge. Powered by strong support from Chiefs Kingdom, safety Tyrann Mathieu was announced as the winner of the seventh annual Charity Challenge and a $25,000 contribution will be made to the Tyrann Mathieu Foundation, courtesy of Nationwide. Mathieu’s win follows teammate Travis Kelce’s first-place finish last year. Former Chiefs safety Eric Berry won the inaugural Charity Challenge during the 2015-16 NFL season.
Mathieu established his charitable foundation to impact the lives of financially disadvantaged children and youth through encouragement, opportunities and resources to achieve their dreams in Kansas City and his hometown of New Orleans. The foundation’s signature programs include the Tyrann Mathieu Tech Zone, Tyrann’s Backpack Giveaway, Tyrann’s Turkeys, Tyrann’s Christmas Blessing and Heart of a Badger Youth Camp.
“I am incredibly humbled and overwhelmed with a sense of pride having been selected as this year’s Walter Payton NFL Man of the Year Nationwide Charity Challenge winner,” said Mathieu. “It’s been a dream of mine for so many years to give back and to have a true impact. For my efforts to be recognized by others, it means I’m doing something right and that means everything to me. Thank you to all of the fans that voted for me for this incredible honor. I am further inspired to
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continue to do more and reach higher.”
Nationwide is the presenting sponsor of the Walter Payton NFL Man of the Year Award which is given to the player who demonstrates excellence on the field and in his community. Nationwide launched Charity Challenge to further elevate and promote the work that each of the 32 nominees are doing to improve the lives of others. The six-week Twitter promotion, which ran from Dec. 7, 2021 to Jan. 17, 2022, gave NFL fans the opportunity to show support for their favorite nominees and offer players a chance to earn donations from Nationwide to benefit their charity of choice.
Acuity Employees Distribute $500,000 in Support to Charitable Organizations
At a December 2021 Town Hall meeting, Acuity employees determined the distribution of $350,000 among six different charitable organizations. Those organizations included Conquer Cancer,® the ASCO Foundation; Fresh Meals on Wheels; Mental Health America; Safe Harbor; The Salvation Army; and Sharon S. Richardson Community Hospice.
“Our advocates support adults, children, and families experiencing domestic violence, sexual assault, trafficking, and homelessness. We help them achieve safe and stable lives. We’ve seen a steep decline in donations due to the pandemic, which is why we want to thank Acuity for supporting Safe Harbor,” said Vanessa VanderWeele, Volunteer and Community Engagement Coordinator.
Additionally, each of Acuity’s 1,500 employees was invited to choose any qualifying charity to receive a $100 donation from Acuity, for a total of $150,000. “Acuity’s common purpose begins with the statement, ‘With kind hearts, we dare to care,’ and supporting our community is one way we show that care,” said Ben Salzmann, Acuity President and CEO. “We are incredibly grateful for the opportunity to contribute to charitable organizations in our community now and throughout every year.”
This is the ninth consecutive year that Acuity employees have directed a special year-end charitable contribution.
Arlington/Roe Names Andy Roe Executive Vice President & Chief Operating Officer
Andy Roe has been promoted to Executive Vice President and Chief Operating Officer at Indiana-based Arlington/Roe according to James A. Roe, president and CEO of the company, a managing general agency and wholesale insurance broker.
Andy began his insurance career when he joined Arlington/Roe in 2001, where he is a third-generation member of the family-owned business. Over the last 20 years, he has been involved in many facets of the organization by holding various roles from underwriting to departmental leadership. He holds property and casualty licenses in several states, including surplus lines licenses, as well as several insurance designations.
In 2022, he was promoted to Executive Vice President and Chief Operating Officer. His new responsibilities include maintaining and directing the daily operations of the company as well as working with the leadership team to ensure performance expectations and strategic plan execution. He promotes company culture and is heavily involved with human resources. Andy also oversees financial operations and manages relationships with our carrier and agent partners.
Andy is a graduate of Ball State University and has been involved in a variety of organizations over the course of his career. Early in his insurance career, Andy interned for an excess & surplus lines company in Arizona and in London with Lloyds. He was a very active member of the WSIA's UFO (Under Forty Organization) serving on the board of directors. Additionally, he was the past chairman of the Independent Insurance Agents of Indiana’s Young Agents Committee. u
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