For Immediate Release
April 15, 2015
Media Contact: Thomas Thamm
(802) 223-2341 x8975
tthamm @ vermontmutual.com
MONTPELIER, Vermont (April 15, 2015) — At the annual meeting held on April 15, 2015, the Board of Directors named Daniel C. Bridge President of Vermont Mutual Insurance Group. Bridge, the 17th president of the 187 year old group of companies, replaces former President and current Chief Executive Officer William A. Catto, who will retire on June 30, 2015. Bridge joined Vermont Mutual as a Resident Vice President in January 2009. Prior to joining Vermont Mutual, he held senior leadership positions at several regional and national insurance companies within New England.
"As Executive Vice President, Dan has played a lead role in guiding the strategic direction of our organization" said CEO, William A. Catto. "Dan's election to President is an important step in the leadership transition plan that began several years ago and I have every confidence in his ability to continue to advance our strategy, one that has consistently produced excellent operating results."
"I am pleased and honored to be chosen to lead such a successful and well respected organization" stated Bridge. "I'm also excited to continue to collaborate with a talented and dedicated team of management and staff at Vermont Mutual as we partner with the best Independent Agents in the Northeast to deliver excellent products and service to over 285,000 customers." Bridge added, "As we look to the future, we will combine the rich history of Vermont Mutual with the innovation needed to stay competitive in this ever-changing industry. Our goal is to remain a stable, predictable, and competent partner for our agents and a financially secure insurance solution for our policyholders."
Other officers elected at this year's annual meeting are as follows:
- Mark J. McDonnell, Senior Vice President
- Richard N. Bland, Vice President General Counsel and Secretary
- Susan L. Chicoine, Vice President Human Resources
- Joanne M. Currier, Vice President Information Technology
- David N. DeLuca, Vice President Claims
- Brian C. Eagan, Vice President Chief Financial Officer and Treasurer
- Shaun P.T. Farley, Vice President Marketing
Chartered in 1828, Vermont Mutual Insurance Company is one of the ten oldest mutual property/casualty insurers in the United States. They have operated continuously since that time in Montpelier, VT. Along with the wholly owned subsidiary, Northern Security Insurance Company, Inc. and the affiliated Granite Mutual Insurance Company, Vermont Mutual Insurance Group provides coverage throughout New England and New York. Through more than 500 independent agencies, the Group insures approximately 285,000 policyholders with a direct written premium of more than $350,000,000. In addition to its upgrade to A+ (Superior) by A. M. Best, Vermont Mutual Insurance Company has been named to Ward's Top 50 performing property/casualty companies in the United States for the past six consecutive years.