The MIF is a non-profit, unincorporated association of all Massachusetts-licensed property and casualty insurers
Massachusetts independent agent Thomas Skelly has been appointed to the Board of Directors of the Massachusetts Insurers Solvency Fund. The appointment was officially made by the Massachusetts Commissioner of Insurance, Daniel Judson this month. Mr. Skelly is a Vice President of Sales and Strategy at Deland, Gibson Insurance Associates in Wellesley and also a former Chairman of the Massachusetts Association of Insurance Agents.
A resident of Wellesley, Mr. Skelly resides there along with his wife Kathleen and three children. He also serves as a Town Meeting Member as well as a member of the Advisory Board.
In commenting on his appointment, Mr. Skelly said: “I’m honored to be selected by the Commissioner of Insurance for this position. Our goal is to guarantee the insurance buying public that when they purchase insurance, their investment is sound.”
The Massachusetts Insolvency Fund is a non-profit, unincorporated association created by the Massachusetts legislature aimed at protecting Massachusetts policyholders and claimants in the event an insurance company becomes insolvent. All funds for the payments of claims by the MIF are generated by assessments on all insurance companies writing property/casualty insurance in the Commonwealth. Massachusetts law requires the participation of all licensed property and casualty insurance companies that write covered lines of insurance in the Commonwealth be members of the MIF.
The MIF Board of Directors is comprised of nine member directors. Mr. Skelly joins the Board of Directors as its only insurance producer representative. His appointment fills a vacancy on the board which is reserved only for an insurance producer.
More about Deland, Gibson
Deland, Gibson Insurance Associates, Inc. is a Trusted Choice, Five Star Accredited independent insurance agency. Established in Massachusetts in 1900, Deland, Gibson is a 4th generation family-run insurance agency that has thrived working as a trusted advisor for its client base.