The latest promotions, appointments, accolades and opportunities this week in the Massachusetts insurance industry…
AF Group Names Abel Travis Its New Head of Innovation
Abel Travis has been named the new Head of Innovation of the Michigan-based AF Group. Prior to joining the AF Group, Mr. Travis had been an Assistant Vice President, Head of Commercial Lines Product Management, with The Hanover.
As our readers may remember, Mr. Travis, who was named a 40 under 40 by the Worcester Business Journal, is also the creator and host of the Insurance Innovators Unscripted podcast.
To learn more about Mr. Travis as well as his Mass.-based insurtech focused podcast, please refer to Agency Checklists November 2017 interview with Mr. Travis entitled, “The Insurance Innovators Unscripted Podcast: Abel Travis Is The Massachusetts Man Behind The Mike.”
Arbella Appoints Lynellen Ramirez as Chief Actuary, Senior Vice President Research Analytics
The Arbella Insurance Group is pleased to announce the appointment of Lynellen Ramirez to the position of chief actuary and senior vice president of research analytics. In her role, Ramirez is responsible for the Actuarial, Research Analytics, Data Scientist and Data Governance roles. Her department focuses on ratemaking, reserving, financial and statistical reporting, pricing, predictive modeling, and implementing the organization’s Data Strategy Initiative.
“Under Lynellen’s leadership, the actuarial department has moved away from a traditional service-providing, technical organization to a dynamic business partner,” said John Donohue, chairman, president and CEO of the Arbella Insurance Group. “On a daily basis, her team partners with Underwriting, Marketing, Product Development and Claim to shape the organization’s pricing strategy.”
Ramirez joined the Arbella Insurance Group in 1998 as a pricing supervisor in the actuarial department. Along with taking over the leadership of the department in 2008, she became the company’s appointed actuary and was named chief actuary in 2011. During her 20-year tenure with Arbella, Ramirez played a key role in developing pricing tiers and more sophisticated approaches to analyzing the profitability of Arbella products for both personal and commercial lines of business. Prior to joining Arbella, Ramirez was employed by The Hanover Insurance Group.
Ramirez majored in Actuarial Mathematics and received a Bachelor of Science degree in Business Administration from Bryant College. She is an Associate of the Casualty Actuarial Society and a member of the American Academy of Actuaries. She sits on multiple industry committees, currently chairing both the Actuarial and Loss Reserving Committees at CAR.
The MAIW’s Essex Chapter is now accepting applications for its 2018 Ruth E. Roberts Scholarship Award
The Essex Chapter of the Massachusetts Association of Insurance Women is now accepting applications for its 2018 Ruth E Roberts Scholarship Award. The $500 scholarship is awarded to an individual for use as a college scholarship or as a reimbursement for those with a passing grade for a licensing course and/or exam of an insurance designation course.
To be eligible, applicants must be either in the insurance industry or a family member of someone who is employed in the insurance industry, and who is planning on
- attending college; or
- attending a higher education/trade school; or
- acquiring a new insurance designation; or
- acquiring a new insurance or work related license.
The submission deadline for this year’s scholarship is May 31, 2018. Applications may be obtained from the scholarship chair:
41 PINE ST #43
PEABODY MA 01960
OR BY E-MAILING: