Mark J. McDonnell has been named Senior Vice President at the Vermont Mutual Group
Mark J. McDonnell has joined the Vermont Mutual Group as a Senior Vice President of the Montpelier-based insurer. Most recently, Mr. McDonnell was the Vice President of personal lines for the Tower Group Companies, where he also served as the President of Adirondack AIF, LLC and New Jersey Skylands Management, LLC. Mr. McDonnell’s career in insurance, which spans almost thirty years, also includes past management positions in marketing, underwriting and operations with OneBeacon, Encompass and CNA Insurance.
A graduate of Albright College where he received his Bachelors of Science in Business and Biology, Mr. McDonnell also holds the following insurance designations: CPCU, CIC, AUT, AAM and AIM. He obtained his MBA from Eastern University.
“As Vermont Mutual continues to transition leadership over the next few years, Mark will play an important role on our management team. Our results have been outstanding and our agent relationships are strong. We are in the enviable position of continuing with the strategies that have made us successful while looking for opportunities to improve the products and service we provide our agents and their clients” said William A. Catto, President & CEO.
Daniel C. Bridge is named to Vermont Mutual’s Board of Directors
In addition to the above appointment, Vermont Mutual also recently announced that it had named Daniel C. Bridge to its Board of Directors. Mr. Bridge, who has been with the company for the past five years, was promoted to Executive Vice President earlier this year. Prior to joining Vermont Mutual, Mr. Bridge was a Regional Vice President for The Hanover, and Regional President at both the Houston General Insurance Exchange and OneBeacon Insurance. He is a graduate of St. Anselm’s College.
“Dan brings a wealth of experience from his 30 years of working in the insurance industry and has been instrumental in driving successful result and shaping our future direction. His extraordinary partner-centric approach along with his business expertise will be a great addition to our board,” said William A. Catto, President & CEO.
Mr. Bridge looks forward to helping Vermont Mutual move forward as the newest member of its Board of Directors.
“I am honored to join the Vermont Mutual Board and work with this dedicated team of Directors as we profitably and prudently move the organization forward,” Bridge said. “Through the collaborative efforts of our employees, Directors and agency partners, Vermont Mutual is an industry leader in the northeast and we remain committed to providing valuable and comprehensive insurance solutions to agents and their clients.”
Vermont Mutual is one of the ten oldest mutual property/casualty insurers in the United States today
Chartered in 1828, Vermont Mutual has operated continuously in Montpelier Vermont for the last 186 years. The mutual company along with its wholly owned subsidiary, Northern Security Insurance Company, Inc. and the affiliated Granite Mutual Insurance Company, provides coverage not only in Vermont and Massachusetts, but in all the New England states and New York. The mutual company which boasts an “A” Rating from A.M. Best has more than 285,000 policyholders via the 400 independent insurance agencies the company works with. In total, the mutual company currently writes approximately $350,000,000 in direct premium and has been named to the Ward’s Top 50 performing U.S. property/casualty companies for the last five years running.
