Arbella Insurance Group Appoints Two to Executive Team
QUINCY, Mass., July 19, 2011 – The Arbella Insurance Group is pleased to announce it has strengthened its analytical and leadership bench with the addition of two industry veterans to the company’s executive team.
Lynellen Ramirez, ACAS, MAAA has been promoted to the newly created position of chief actuary and vice president of Research Analytics. During her 12-year tenure with Arbella, Ramirez has held a number of leadership roles in the Actuarial department, and helped the company prepare for the deregulation of the Massachusetts private passenger auto insurance market. She also played a key role in developing pricing tiers and more sophisticated approaches to analyzing the profitability of Arbella products for both personal and commercial lines of business. Prior to joining Arbella, Ramirez was employed by The Hanover Insurance Group. She holds a Bachelor of Science degree in business administration from Bryant College.
Amy Wood has joined Arbella as assistant vice president of Personal Lines. In this newly created position, Wood is responsible for the product management team and competitive intelligence. In addition, Wood will run the Connecticut pricing and distribution strategy. Prior to joining Arbella, Wood was employed by The Hanover Insurance Group, where she held a variety of roles including state manager, agency experience leader and director of Finance. Her unique blend of finance, P&L management and strategic marketing experience is a valuable addition to the Arbella team. Wood is a graduate of Cornell University and holds an MBA from The Tuck School of Business at Dartmouth.
About the Arbella Insurance Group
Established in 1988, the Arbella Insurance Group is a company with over $600M in revenue with approximately $1B in assets, headquartered in Quincy, Massachusetts. Arbella is a customer-focused regional property and casualty insurance company, providing personal and business insurance products including car insurance, home insurance, and umbrella insurance in Massachusetts and Connecticut, and business insurance in Rhode Island and New Hampshire.
# # #
For more information:
617.275.6512 or 617.981.2236 (mobile)
617.275.6523 or 617.699.4853 (mobile)