Art Moossmann Named President of Specialty Business at Fireman's Fund.Business Editors NOVATO, Calif.--(BUSINESS WIRE)--June 15, 2004 Art Moossmann has been named President, Specialty Insurance at Fireman's Fund Insurance Company Fireman's Fund Insurance Company is a Novato, California-based insurance company owned by Allianz SE of Germany. It was founded June 18 1863 and issued its first policy to Walter Hawxhurst covering one half interest in 1,000 kegs of Boston syrup for a premium of $12. . The Specialty business combines the company's marine business lines with its excess and surplus, professional liability and agribusiness products. Moossmann joined Fireman's Fund in 1999 as President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Fireman's Fund McGee Marine Underwriters, the New York-based unit of Fireman's Fund that is one of the top writers of ocean and inland marine insurance Inland marine insurance indemnifies loss to moving or movable property and is an outgrowth of ocean marine insurance. Historically, ocean marine insurance held the transporter responsible for property loss before, during, and after the completion of the voyage. in 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. . He previously served as President of the International Marine business at Guardian Royal Exchange. He began his career in insurance as an underwriter at Talbot Bird & Company, Inc., which was sold to Guardian Royal Exchange in 1987. Moossmann holds a bachelor's degree from St. John's University and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the London School of Business. "The Marine business has been one of our most successful and profitable lines in recent years, under Art's capable leadership," said Chuck Kavitsky, President and CEO of Fireman's Fund. "In his new position, Art will have the opportunity to apply his management skills and expertise across all of our specialty lines, which today represent approximately $1.2 billion in gross annual premiums." Fireman's Fund Insurance Company is a premier property and casualty insurance company providing personal, commercial, marine, excess and surplus lines and agribusiness insurance products nationwide. Fireman's Fund is a member of the Allianz Group, one of the world's largest providers of property and casualty insurance and other financial services. For more information contact John Kozero, Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Director at 415.899.2166. For additional Fireman's Fund news and information, visit our Web site at www.firemansfund.com. |
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