Global Indemnity has consolidated its producer binding authority businesses, United National Group and Penn-America Group, under a common management structure.
According to Global Indemnity, Matthew Scott, currently president of the Penn-America Group, will also assume the presidency of United National Group and will manage both Penn-America’s general agent relationships and United National’s specialty program administrators effective immediately.
Mr Scott joined United America Indemnity (UAI) in 2007 as vice president of business development of Diamond State Group and was promoted to senior vice president of casualty brokerage of Diamond State Group in 2008. He was then promoted to president of Penn-America Group.
Prior to joining UAI, Mr Scott served as an executive in strategic markets unit of White Mountains’ subsidiary, OneBeacon Insurance Company. He also served at Sigel Insurance Group, where he was vice president of sales.
The company said that by bringing the two organizations together under one common leadership, it will now be able to capitalize on the synergies efficiently.
Larry Frakes, president and CEO of Global Indemnity, said: “Matt has done a good job in beginning the process of realigning our infrastructure, products and services for our Penn-America producers and their clients. I expect him to continue these efforts while bringing the same expertise and enthusiasm to the United National team and their specialty program administrators.”