We are proud to welcome Angelo Ganguzza, Vice President, to the PLM team. Angelo brings 34 years of insurance experience across a variety of specialties and companies to PLM.
PLM recently entered into a renewal rights agreement with AmTrust for their book of lumber business. Under the terms of the agreement, PLM offered immediate employment to almost the entire AmTrust lumber team, which is located in Boca Raton, FL. We are delighted to have Angelo Ganguzza and his team “coming home”.
Angelo will work closely with the transition team and PLM executive team to assist in the transition of business.
Prior to joining PLM, Angelo was vice president of the specialty wood products and lumber program with AmTrust Financial Services. He developed a team that grew premium volume from $17 million to $62 million and reduced its combined ratio from 142 percent to 90 percent. He also worked with the loss control team to develop new recommendations to improve loss numbers.
During his long career, Angelo has held several other leadership positions in the wood insurance industry, including as vice president of the lumber and wood products division at HCC Specialty. Also, he served as president of Member Insurance Agency (MIA), the largest agency serving independent hardware stores in the United States.
Angelo holds a CIC designation and is currently pursuing his CPCU. He speaks at a variety of trade association events, was president of the Carolina Safeco Agents Council and has served on the Florida PIA board of directors. He graduated with a bachelor’s degree from Villanova University in 1982.
We are looking forward to the insight he brings from a long, successful career in the wood insurance industry.