Main Street America Appoints Nancy Giordano-Ramos Vice President/Head of Bonds

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- The Main Street America Group announced the appointment of Nancy Giordano-Ramos as its vice president/head of bonds.

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Giordano-Ramos had been the super-regional property/casualty insurance company’s interim head of bonds since earlier this fall, following the departure of former bonds vice president Brian Beggs. Giordano-Ramos will report to Main Street America chairman and chief executive officer Tom Van Berkel and remain based at the company’s corporate headquarters in Jacksonville, Fla.

“Nancy will be responsible for the strategic direction, management and performance of Main Street America’s bonds organization,” Van Berkel said. “She will focus on driving profitable growth in our surety and fidelity product lines via our bonds-only and all-lines independent agent-customers.”

Giordano-Ramos joined Main Street America in 2010 as director of bonds account management. Her vast insurance industry experience also includes a 10-year tenure at Selective Insurance, where she was an assistant vice president of the carrier’s bonds unit.

Main Street America has provided surety and fidelity products to “Main Street” businesses and individuals since 1961 through its network of independent insurance agents and is licensed to issue surety and fidelity products in 47 states and the District of Columbia. This includes the recent expansion of its surety business into Louisiana and Mississippi. Main Street America’s surety operations complement the company’s commercial and personal insurance business to provide a full line of protection products for individuals, families and businesses across the country. Earlier this year, Main Street America’s surety bond capacity was increased by the U.S Department of the Treasury to $93.4 million.

Main Street America’s bond offerings include:

• Contract surety bonds.
• Commercial surety bonds ranging from small license and permit bonds and public official bonds to larger bonds covering service and supply obligations.
• Fidelity bonds, including a commercial crime policy that covers robbery, burglary and depositor’s forgery.

Independent agents can order and process the company’s commercial bonds quickly and easily through its proprietary, state-of-the-art Main Street Station processing system. The system was designed for maximum ease of use, enabling Main Street America’s network of agents to write bonds at their desktops in just a few minutes.

About The Main Street America Group

With roots dating back to 1923, The Main Street America Group is a mutual insurance holding company which writes business through its nine property/casualty insurance carriers: NGM Insurance Company, Old Dominion Insurance Company, Austin Mutual Insurance Company, Grain Dealers Mutual Insurance Company, Main Street America Assurance Company, Great Lakes Casualty Insurance Company, MSA Insurance Company, Spring Valley Mutual Insurance Company and Main Street America Protection Insurance Company. Based in Jacksonville, Fla., Main Street America offers a wide range of commercial and personal insurance, as well as fidelity and surety bond products, to individuals, families and businesses throughout the United States.

With nearly $1 billion in premium written exclusively by more than 3,000 independent insurance agents, the 92-year-old company insures over 600,000 policyholders in 36 states and writes bonds in 47 states and the District of Columbia. A.M. Best Company rates The Main Street America Group with an "A" (Excellent) financial strength rating and “a+” issuer credit rating. The company has $1.04 billion in surplus (capital) and $2.4 billion in total assets.

Main Street America is the founding company partner of Trusted Choice®, the global branding program of the Independent Insurance Agents & Brokers of America. Main Street America is also a founding company partner of the TrustedChoice.com consumer agent portal and the Insurance Institute for Business & Home Safety (IBHS) Research Center. For more information about Main Street America, please visit our newsroom at http://news.msagroup.com or connect with us on Facebook at www.facebook.com/MainStreetAmerica.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151209005739/en/

The Main Street America Group
Mark Friedlander, 904-380-7461
[email protected]

Source: The Main Street America Group

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