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American Wholesale Insurance Group Appoints Samuel H. Fleet as President of its Group Benefits Division.


CHARLOTTE, N.C. -- American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of  Wholesale Insurance Group (AmWINS), the nation's largest independent wholesale insurance broker, appoints Samuel Samuel, two books of the Bible, originally a single work, called First and Second Samuel in modern Bibles, and First and Second Kingdoms in the Septuagint. They are considered part of "Deuteronomistic history," in which the book of Deuteronomy functions as the  H. Fleet as President of its Group Benefits Division.

In this newly created position, Fleet will work with the AmWINS' Group Benefits businesses, which include National Employee Benefit Companies, Inc. (NEBCO) and BrokerNetUSA, to help drive growth and profitability of their operations. Additionally, he will define health and benefit product expansion strategies by drawing on his exceptionally strong relationships with primary and reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract.  markets in the U.S. and Bermuda.

"Sam (1) (Security Accounts Manager) The part of Windows NT that manages the database of usernames, passwords and permissions. A SAM resides in each server as well as in each domain controller. See PDC and trust relationship.  has played a critical role within AmWINS as President of NEBCO. Through his efforts, NEBCO transformed from a small regional organization to one of the leading third-party administrators of innovative benefit programs in the country in less than a decade. Sam's profound knowledge and understanding of the benefit sector, as well as his business and product development expertise make him a natural choice for this position. I am confident that he will provide the leadership and strategic insight required to execute planned growth initiatives." said Steven DeCarlo, President & Chief Executive Officer.

"I'm honored hon·or  
n.
1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate.

2.
a. Good name; reputation.

b.
 to be given the opportunity to direct AmWINS expansion efforts in the employee benefits sector. Leading this dynamic and diverse division will be truly rewarding. We are all committed to continuing the great momentum being achieved in the existing operations. However, our real opportunity will be to take the division to even greater heights," said Fleet. He continued, "during these times of increasing competition, decreasing margins and the perception that employee benefits are a commodity, it is imperative for employee benefit producers to differentiate themselves. Our mission is to provide benefit professionals with the tools to compete in this environment, solve complex client issues and win accounts."

"We intend to expand our group benefit model significantly over the coming years. To do this right we need someone of Sam's experience, integrity and vision." said DeCarlo. He continued, "Sam will direct all aspects of operations, as well as have oversight
For Oversight in Wikipedia, see Wikipedia:Oversight.


Oversight may refer to:
  • Government regulation — The role of an official authority in regulating a separate authority.
 of divisional acquisition strategies. I am very pleased that Sam has agreed to take on this new role. His selection reflects the management strength and experience within the company."

American Wholesale Insurance Group (www.amwins.com) is a wholesale insurance organization dedicated to serving retail agents throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  by providing property & casualty, group life and health, program administration services, actuarial ac·tu·ar·y  
n. pl. ac·tu·ar·ies
A statistician who computes insurance risks and premiums.



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 services and premium finance capabilities. The company is ranked by Business Insurance magazine as third largest wholesale insurance brokerage organization in the U.S.
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Publication:Business Wire
Date:Jun 22, 2004
Words:416
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