Florida-Based Main Street America Appoints Giordano-Ramos Head of Bonds

The Main Street America Group has appointed Nancy Giordano-Ramos as its vice president/head of bonds.

Giordano-Ramos had been the super-regional property/casualty insurance company’s interim head of bonds since earlier this fall, following the departure of former bonds vice president Brian Beggs. Giordano-Ramos will report to Main Street America chairman and chief executive officer Tom Van Berkel and remain based at the company’s corporate headquarters in Jacksonville, Fla.

“Nancy will be responsible for the strategic direction, management and performance of Main Street America’s bonds organization,” Van Berkel said. “She will focus on driving profitable growth in our surety and fidelity product lines via our bonds-only and all-lines independent agent-customers.”

Giordano-Ramos joined Main Street America in 2010 as director of bonds account management. Her insurance industry experience also includes a 10-year tenure at Selective Insurance, where she was an assistant vice president of the carrier’s bonds unit.

Main Street America has provided surety and fidelity products to “Main Street” businesses and individuals since 1961 through its network of independent insurance agents and is licensed to issue surety and fidelity products in 47 states and the District of Columbia. This includes the recent expansion of its surety business into Louisiana and Mississippi. Earlier this year, Main Street America’s surety bond capacity was increased by the U.S Department of the Treasury to $93.4 million.

Main Street America’s bond offerings include:

• Contract surety bonds.
• Commercial surety bonds ranging from small license and permit bonds and public official bonds to larger bonds covering service and supply obligations.
• Fidelity bonds, including a commercial crime policy that covers robbery, burglary and depositor’s forgery.

Independent agents can order and process the company’s commercial bonds through its Main Street Station processing system.

With roots dating back to 1923, The Main Street America Group is a mutual insurance holding company which writes business through its nine property/casualty insurance carriers: NGM Insurance Company, Old Dominion Insurance Company, Austin Mutual Insurance Company, Grain Dealers Mutual Insurance Company, Main Street America Assurance Company, Great Lakes Casualty Insurance Company, MSA Insurance Company, Spring Valley Mutual Insurance Company and Main Street America Protection Insurance Company. Based in Jacksonville, Fla., Main Street America offers a wide range of commercial and personal insurance, as well as fidelity and surety bond products, to individuals, families and businesses throughout the United States.

Topics Florida