FRANKLIN LAKES, N.J., June 11, 2012 /PRNewswire/ -- Western World Insurance Group (WWIG) has created a new department that will focus on identifying new sources of business and developing additional long-term prospects with existing producers.
The new Business Development department will play a role in both underwriting and marketing activities by codifying existing business development processes and strengthening business practices.
"This is an important step for Western World as it will help us identify agents and brokers that need our services, while ensuring that our existing customers get the full benefit of our range and depth of services," said WWIG President Tom Mulligan.
Donna McGovern, Vice President, will lead the activities of the department and represent Western World at all levels of agent and broker organizations. Previously, Donna was a senior executive in the Western World Brokerage Division.
Founded in 1964, Western World Insurance Group companies specialize in Commercial General Liability, Professional Liability, Commercial Auto, Commercial Property, and specially customized insurance coverage within the Excess and Surplus Lines industry. Their three divisions – Binding, Brokerage, and Programs – provide intuitive, customer-focused solutions across a variety of business sectors. The privately held Group carries the A+ (Superior) rating from the A.M. Best Company and in 2010 had revenues of $207 million, assets of $1.3 billion, and shareholders' equity of $391 million. For more information, go to WesternWorld.com.
SOURCE Western World Insurance Group
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