SPECIAL REPORT / HOT 100
Stephen Ruschak President and COO, The Guarantee Company of North America USA Leading the US operations of the oldest surety and fidelity company in North America, Stephen Ruschak has spearheaded the profitable growth transformation of the company since joining in 2009. Under his leadership, The Guarantee US has grown its premium base by almost 70% by assembling a talented, energetic team of surety professionals. Building strong relationships with producer partners has been the key to writing sustainable surety business.
Matt Letson President, AAMGA Matt Letson leads the American Association of Managing General Agents, an organization recognized as the voice of the wholesale and excess and surplus lines insurance industry. “The AAMGA is stronger than ever,” Letson says. “Our membership represents a larger share of both Admitted and E&S premium than it ever has in its 88-year history, our meetings are still the ultimate venues for relationship-building and getting work accomplished, our university offers more course offerings than ever, and we enjoy a great partnership with Georgia State University through the AAMGA Chair on Risk & Insurance Management.”
Richard A. Clements President, PIA As president of the National Association of Professional Insurance Agents, Richard Clements heads a group that has represented independent insurance agents since 1931. Clements works to further agents’ interests through education, lobbying and working with carriers and industry organizations.
David McElroy Chairman and CEO, Arch Insurance
Gary C. Petrosino Chairman, IICF
David H. McElroy joined Arch Insurance Group in 2009 as president of the company’s Financial and Professional Liability Group. In 2012, he was named chairman and CEO of both Arch Insurance Group and Arch Worldwide Insurance Group. McElroy leads the global insurer as it provides superior coverage and service to clients across the world.
Gary Petrosino is chairman of the national board of governors of the Insurance Industry Charitable Foundation, an organization dedicated to assisting people in times of need. Petrosino heads up the IICF’s efforts to help communities by providing grants, volunteer service and leadership. The IICF has contributed more than $18 million in local grants, more than 155,000 hours of volunteer service and the leadership of more than 25,000 industry volunteers for programs to enhance education, help at-risk children, improve health and safety, increase disaster preparedness and protect the environment.
David A. Sampson President, PCIAA David A. Sampson heads up the Property Casualty Insurers Association of America, which represents more than 1,000 homeowners, auto and business insurance companies that together write 39% of the country’s property casualty insurance. Sampson spearheads PCI’s advocacy efforts on the state, federal and global levels. An acknowledged industry expert, Sampson is a sought-after speaker at insurance events and has been tapped for his expertise by the Wall Street Journal, the New York Times, Bloomberg and other national news outlets. Prior to joining BCI, Sampson served in the George W. Bush administration as deputy secretary of the Department of Commerce and Assistant Secretary of Commerce for Economic Development.
Adam Hamm President, NAIC Adam Hamm began his career as a prosecutor for the North Dakota State Attorney’s Office. In 2008, he was elected as the state’s insurance commissioner, a post he still holds. Hamm is also the current president of the National Association of Insurance Commissioners, an association of chief insurance regulators from all 50 states. In that capacity, he leads the association’s efforts to develop standards and best practices for insurance supervision.
Stephen Riemer CEO, Regency Insurance Brokerage Stephen Riemer is a busy man. He’s the president of Regency Insurance Brokerage Services and holds active roles in five other companies – and inactive roles in 13 more. He’s the past president of Regency Life Insurance Company, Insurance Premium Finance Company and Regency Premium Finance Company, among others. Not content to stick to insurance, Riemer was even once the president of Miami Antique Slot Machine Company.
42 | JANUARY 2015
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