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Robert Clark promoted to Managing Director at Marsh & McLennan Agency
Marsh & McLennan Agency is pleased to announce that Bob Clark has accepted the role of Managing Director of Executive Compensation & Benefits Division for New England. He will be overseeing the multi-office team to offer solutions to senior executives including deferred compensation and life insurance structures. Bob has extensive experience in all aspects of retirement plan management, including plan design, investments, fiduciary responsibility, cost containment, and employee communication.
Prior to his promotion, Mr. Clark was most recently a Senior Vice President with Marsh & McLennan. His career began at CIGNA, where is spent almost a decade, eventually rising to Vice President & Investment Consultant. He then held subsequent positions with New York Life and UBS before joining Marsh & McLennan in 2005.
Mary Kaminsky Joins Vermont Mutual as Loss Control Manager
Vermont Mutual Insurance Group® recently named Mary Kaminsky as the company’s Loss Control Manager, replacing retiring Loss Control Manager, Donald Rung.
For the past two decades, Ms. Kaminsky has worked as a Loss Control Consultant for several companies, more recently she spent 4 years as the Loss Control Manager for a New England regional company. Over the past few years she played a key role in leading a Loss Control process improvement program for a national carrier. Kaminsky has been with Vermont Mutual now for several months, working closely with Mr. Rung in order to make the transition process as seamless as possible for their customers, agents and fellow employees.
Vermont Mutual’s Executive Vice President and COO, Mark McDonnell, stated “This is a bittersweet moment for Vermont Mutual as we welcome a new Loss Control Manager of Mary’s caliber, but at the same time have to say goodbye to Don, a key member of our team who has contributed immeasurably to our success. Don will be greatly missed by all of us who have had the privilege of working with him, both as a top-notch insurance professional and a friend.”
Mr. Rung remarked “Working for Vermont Mutual has been such an incredible experience for me and my time here has been among the best years of my professional career. I am truly grateful to the company for its leadership and its values.”
Regarding his successor, Rung continued “Vermont Mutual is very fortunate to have been able to attract and secure someone with Mary’s skill set and attitude. While she possesses technical loss control expertise that is admirable in its breadth and depth, she also brings communication competencies and interpersonal skills of a caliber that are rarely found in combination with her technical skills..”
Ms. Kaminsky will be based in Whiteville, ME and Montpelier, VT.
TowerIQ Appoints Michael Golden Industry Advisor
TowerIQ, the only enterprise SaaS platform that provides end to end application to binding for the insurance industry today announced executive Michael Golden will join the firm to help bring the company to market with introductions across key strategic areas including prospective customers and partners.
“I am thrilled to welcome Michael Golden to TowerIQ. Michael is a highly respected and proven leader and brings both depth and breadth of experience to our platform as we continue our ambitious charter of bringing transparency to the insurance industry,” said Adam Demos, CEO of TowerIQ. “I am confident his expertise will prove invaluable as we scale our organization and partner with insurance brokers, agents and carriers to provide policyholders with a modern, digital experience.”
Golden brings more than 30 years of experience in leadership roles at insurance organizations. Most recently, Golden was Chief Market Engagement Officer at RiskMatch, a business intelligence firm that provides insurance portfolio management and placement services to insurance brokers and insurers.
Previously, Golden was Executive Vice President at Willis Towers Watson and served as Executive Vice President of broker relationship and distribution management at Zurich North America. He also held various positions at Marsh Inc., where he led the firm’s global industry practices. Prior to joining the insurance industry, Mike served as an officer in the US Navy’s nuclear submarine community.
“I look forward to working alongside Adam and the team at TowerIQ to help guide this venture during an exciting time as digital transformation begins to impact every aspect of the end to end policyholder experience,” said Golden. “TowerIQ has an excellent opportunity to deliver unprecedented value and visibility to brokers, carriers, and clients.”
Arbella Insurance Group Named One of Boston Business Journal’s “Best Places to Work” for 11th Year in a Row
Quincy-based Arbella has been named one of the BBJ’s “Best Places to Work” for 2019. This is the 11th year in a row that the company has been given top markets in the “extralarge business category” for cultivating a positive and supportive work environment among employees.
“We are very proud to be recognized as one of the Best Places to Work for eleven years running,” said Ellen Mann, assistant vice president of human resources at the Arbella Insurance Group. “At Arbella, we strive to be more than just a place of work for our employees—we are truly a family. Our leadership is dedicated to creating a company culture where our employees feel valued and empowered and our efforts have paid off. Arbella has the lowest employee turnover rate in a decade.”
Some of the reasons behind Arbella’s success as a Best Place to Work include a flexible work-life balance as well as a commitment to extensive onsite health and wellness activities, including personal training, nutrition classes, and counseling/support for new moms transitioning back into the workforce after maternity leave.
“I am grateful to be part of an organization who truly values their employees,” said Julia Lacey, financial accountant. “My co-workers are great to work with. Everyone is so friendly and willing to help each other. I love working in a culture that provides many opportunities for career development and continuous learning, while offering a flexible work life. Arbella provides a broad range of volunteering with organizations we are most passionate about. I truly enjoy coming to work every day and working for such an amazing company.”
In addition to focusing on the well-being of employees, the insurer also has put an emphasis on creating a charitable and collaborative culture. Through the company’s Arbella Insurance Foundation is has donated “…more than $2.4 million to support 667 different charitable organizations throughout New England and in support of local disaster relief. Arbella Insurance Group employees also contributed 1,307 hours to volunteering for 13 different nonprofit organizations throughout New England.