MEMIC Appoints Austin as Vice President, Underwriting
PORTLAND, ME, May 7, 2014 – Workers' compensation specialists The MEMIC Group has announced the appointment of Tod Austin, CPCU, as Vice President, Underwriting.
Austin brings more than 25 years of experience in the independent agency and brokerage business to his new position at The MEMIC Group. Austin will work out of MEMIC’s Tampa, Florida office and will oversee production underwriting staff in MEMIC's marketing territories in the South and Mid-Atlantic regions, including New Jersey, Pennsylvania, Maryland, Virginia and Florida.
"We are pleased to welcome Tod to this new role with our company," said Senior Vice President for Underwriting Donald V. Hale, Jr. "His experience will help to lead our aggressive growth plans for our newest regions."
Austin is an accredited member of the Chartered Property Casualty Underwriting (CPCU) Society. He has served on the boards of directors for the Chittenden County United Way, the Lake Champlain Chamber of Commerce, and the Vermont Chapter of the American Red Cross. He holds a bachelor's degree in economics from the University of Vermont.
The MEMIC Group includes parent company, Maine Employers’ Mutual Insurance Company, rated “A” (Excellent) by A.M. Best, and MEMIC Indemnity Company, also rated “A” (Excellent) by A.M. Best, as well as MEMIC Casualty Company, also rated “A” (Excellent). As super-regional workers’ compensation specialty insurers, The MEMIC Group holds licenses to write workers’ compensation in 46 states plus the District of Columbia. The group insures nearly 20,000 employers and their estimated 300,000 employees, and holds more than $1 billion in assets. The group maintains offices in Manchester, NH; Glastonbury, CT; Albany, NY; Weehawken, NJ; West Conshohocken, PA; Tysons Corner, VA; and Tampa, FL; in addition to its headquarters in Portland, ME.