• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Contact Us
  • Sponsor An Email
  • Post A Job
  • Merger & Acquisition Services

Agency Checklists

Massachusetts Insurance News & Job Opportunities

You are here: Home / Insurance | Career News & Announcements / Amica CEO Robert A. DiMuccio to retire at the end of 2022

Amica CEO Robert A. DiMuccio to retire at the end of 2022

March 31, 2022 by AC Editor

Mr. DiMuccio To Retire After 31 Years with The Company, Including 17 as CEO

Amica Mutual Insurance Company’s Board of Directors announced today that Robert A. “Bob” DiMuccio, Chairman, President and Chief Executive Officer, plans to retire at the end of 2022, following 31 years of distinguished service to the Company, including 17 as CEO.

With the benefit of knowing that DiMuccio planned to retire at the end of 2022, Amica’s Board of Directors, with the assistance of an independent advisor, initiated a CEO succession process in late 2021. The Board expects to name a new CEO during the summer of 2022. DiMuccio will continue through the end of the year and be available to ensure a smooth transition to the new CEO.

Amica CEO Robert A. DiMuccio to retire at the end of 2022
Amica Chairman President and Chief Executive Officer Robert A DiMuccio

Against virtually every meaningful measure of success, DiMuccio has excelled. Financially, the Company has never been in a stronger position. During DiMuccio’s tenure as CEO, Amica earned a national reputation as a leader in customer service, product offerings and ease of doing business. Of particular note, a few years after DiMuccio took office in 2005, the country had to face the Great Recession of 2007-09. DiMuccio worked hand in hand with the Board and Amica’s employees to navigate and overcome this challenging time. The most recent challenge for which DiMuccio deserves high marks, the COVID-19 pandemic, put the management skills of DiMuccio and his staff on full display. Without the benefit of a playbook, DiMuccio and his staff developed, implemented and managed a successful work-from-home staffing plan that enabled the Company to maintain its industry-leading customer service standards. And with the pandemic seemingly subsiding, the return-to-work program has been equally successful.    

“It has been an honor to serve as Amica’s CEO. You’re only as good as the people you surround yourself with, and I’ve been fortunate to work with extremely talented staff and Board members who genuinely care about this Company,” DiMuccio said. “Together, we’ve accomplished a lot and navigated some very challenging times – most recently, the impact of the pandemic on our employees and our customers, both of whom were at the forefront of our concern.

“I’m often asked what I’m most proud of,” he continued. “It’s the combined effort of so many people involved in putting the customer first, ensuring that we have the most up-to-date technology to serve them, increasing our brand awareness across the country, giving back to the community through our charitable foundation, and taking care of our employees with benefits that truly make a difference for them and their families. These are just a few of the things that come to mind, but I have to emphasize that these are not my accomplishments. The good people I’ve had the fortune to work with made this happen.”

DiMuccio began his career with the accounting firm KPMG Peat Marwick in Providence, Rhode Island, where he worked for 12 years and earned the position of Partner. He joined Amica in 1991 as a Vice President in Accounting, was promoted to Senior Vice President, and, in 1996, was awarded the additional title of Treasurer. DiMuccio was then named Chief Financial Officer in 2001 and Executive Vice President in 2003, before being named President and CEO in 2005. The title of Chairman was added in 2008.

DiMuccio has been an active leader outside of Amica, serving on the Board of Governors of the American Property Casualty Insurers Association. He’s also past Board Chair of the Rhode Island Public Expenditure Council. Other boards on which he serves or has served include the Property & Liability Resource Bureau, the Greater Providence Chamber of Commerce, the Washington Trust Company and Crossroads Rhode Island. He has also received the Paul Harris Fellow Award, given by Rotary International for outstanding community service.

On behalf of the Board, lead director Donald Julian Reaves expressed tremendous gratitude for the “vision, leadership and outstanding contributions to Amica and the community that Bob has provided. Through his guidance and strategic mindset, Amica sharpened its focus on the customer, which has positioned the Company for continued success in the years ahead.” While DiMuccio will be missed, he has left an outstanding legacy at Amica, among its employees and policyholders, and across the broader Rhode Island community.

Source: Amica

Print Friendly, PDF & Email

Filed Under: Insurance | Career News & Announcements Tagged With: Agency Checklists, Mass. Insurance News, Massachusetts economic news, Massachusetts legislative news, New England Insurance News

Primary Sidebar

Massachusetts Division of Insurance Announcement

Sponsored

Latest Agency Sales

Gallagher Snaps Up Eastern In Sale Worth 5-Times Commissions

Salem Five Insurance Acquires Philbin Insurance Group

Salem Five Insurance Acquires Philbin Insurance Group

More Agency Sales

Career News

Fred C. Church Hires Accomplished Higher Education Risk Management Professional Damual Greaves As Client Executive, Commercial Lines

New Hampshire Insurance Department Announces Confirmation of DJ Bettencourt as Insurance Commissioner

New Hampshire Insurance Department Announces Confirmation of DJ Bettencourt as Insurance Commissioner

NAIC Now Accepting Applications for 2024 Consumer Representatives

Boston Bruins Defenseman Hampus Lindholm Joins Plymouth Rock Assurance as Brand Ambassador for 2023-24 NHL Season

Boston Bruins Defenseman Hampus Lindholm Joins Plymouth Rock Assurance as Brand Ambassador for 2023-24 NHL Season 

Charles Symington Becomes Big ‘I’ President & CEO

The Hanover Appoints Stephanie E. Seibold and Arthur J. Barrett to Key Specialty Leadership Roles

Michelle Raue, SVP & Chief Claims Officer for Preferred Mutual Insurance Company Appointed to Rise Advisory Board of Directors

Fred C. Church Announces Key Personnel Changes to its Education Team

Kaplansky Insurance Appoints Peter Kenyon as Chief Acquisition Officer

The Hanover Appoints Charles F. Hamann to President of Small Commercial

View More Career News

In Memoriam

Robert J. Barnat

In Memoriam: Robert J. Barnat, 1946-2023

In Memoriam: Bernard Gitlin

In Memoriam: Pauline R. Gifford, 1936-2023

CAR News

DOI Approves CAR’s Changes in Massachusetts Auto Insurance Claims Handling

3rd Look At The 2023 Commercial Auto Marketplace in Massachusetts

Ballot Law Campaign Opposes Industry-Backed Auto Repair Agreement

View More CAR News

Massachusetts Law Updates

Claims-Made Policy Snares Another: Preservation Trust Loses Coverage For Late Notice

Strict Construction of Claims-Made Policy Strikes Again

Agency Checklists, MA Insurance News, Mass. Insurance News

Appeal Denied: Allstate Agents’ Wrongful Termination Claim Falls Flat

A case involving two former Allstate agents allegedly misusing confidential customer data after their termination.

Harvard College Sues Zurich to Overturn A Late Notice Denial of A $15 Million Policy Claim

The Pitfall of Late Notice: Harvard’s $15 Million Coverage Loss

The lawsuit over Harvard’s admission policies discriminating against Asian-American applicants.

Agency Checklists, MA Insurance News, Mass. Insurance News, GEICO, Largest Auto Insurance Cos. in Massachusetts

GEICO Faces Legal Battle as Captive Agent’s Lawsuit Advances

A Captive Agent’s Suit Against GEICO Can Proceed on Claims of Breach of Contract, Renewal Commissions Owed, Unjust Enrichment, and Employee Misclassification

More Mass. Law Updates

DOI News

Home Insurance Report Part III: Policies by Massachusetts County

MA Homeowners’ Insurance Premiums Topped $2.8B in 2021

Massachusetts Remains The 14th Largest Insurance Marketplace As Ranked By Total Premium Volume

Facts & Figures For New England Insurance Departments & Insurance Producers | 2023

View More DOI News

Insurance Fraud

Prison For A Year-And-A-Day in $14 Million Payroll Tax and Insurance Fraud Case

Greed & Betrayal: 67-year-old Advisor Gets 4 Years For Annuity Thefts From Vulnerable Clients

Physical Therapy Assistant Sentenced in Massachusetts Auto No-Fault Insurance Fraud Scheme

Surprising Survey Results Show Many Americans Think Insurance Fraud Is Not A Crime

More Insurance Fraud News

Footer

Agency Checklists

Contact us

Advertise on Agency Checklists

We offer a variety of ways to get help promote your company or product.

Announcements
Email Sponsorships
Partnerships
Custom Collaborations

*Affiliate Disclosure

Please note that any of Agency Checklists’ articles might contain one or more affiliate links. This means that any subsequent purchase resulting from these links may result in a commission for us, but at no additional cost to you. For example, as an Amazon Associate, Agency Checklists earns a commission from all qualifying purchases. By working with affiliates we can continue to keep Agency Checklists subscription free. Thank you for your support.

SEARCH OUR SITE

Explore Our Archives

Copyright © 2023 · Agency Checklists · All rights reserved.

 

Loading Comments...