For Immediate Release
May 28, 2020
Media Contact: Thomas Thamm
MONTPELIER, Vermont (May 28, 2020)—Vermont Mutual Insurance Group®, an A+ (Superior) rated carrier by A.M. Best and a Ward Top 50 Property & Casualty Insurer based in Montpelier, Vermont, has named Jonathan Becker as the company’s new Vice President of Underwriting. Mr. Becker replaces retiring Vice President of Underwriting, Terry J. Moore, who leaves after leading Vermont Mutual’s underwriting department for the past five years.
Speaking of Moore’s retirement, Vermont Mutual’s Executive Vice President and COO, Mark McDonnell, stated “This is certainly a bittersweet moment for the Company. While we are grateful to have found a talented new Underwriting Vice President in Jonathan Becker, we are at the same time saying goodbye to a seasoned leader, colleague and friend." McDonnell continued "Not only has Terry been instrumental in delivering exceptional business results, he has also developed an incredibly positive culture in underwriting that will live on long after his departure.”
Commenting on Mr. Becker joining the company, McDonnell said “We’re very fortunate to have attracted a professional with Jonathan’s business expertise, but maybe even more so, someone with an approach to leadership and personal engagement that aligns very well with our culture at Vermont Mutual. He is a terrific addition to our team and someone we expect will be a great steward of the excellent results our company has produced and the agency relationships that are so important to us."
Dan Bridge, Vermont Mutual’s President and CEO, commenting on the leadership change, noted "Terry has been an invaluable asset to Vermont Mutual and was instrumental in leading numerous key initiatives for the department. His extensive knowledge of the industry, professionalism and strong leadership qualities gained him the respect of all those fortunate enough to work with him."
Referring to Mr. Becker’s addition to the company, Mr. Bridge remarked "We’re very pleased to have found such a capable person in Jonathan, who can build on the great work Terry has done these past 5 years. On behalf of everyone at Vermont Mutual, I want to thank Terry for his many contributions and leadership and we wish him the very best in his retirement, as well as welcome Jonathan to the Vermont Mutual team."
The new Vice President of Underwriting, Jonathan Becker, recently served as the Regional Vice President and Branch Manager of a New England-based commercial property and casualty insurance company. Mr. Becker began his insurance career nearly 25 years ago and has held positions in underwriting at Chubb, Travelers and Fireman’s Fund, as well as roles in marketing, loss control, claims and policy rating.
Mr. Becker will be operating from the Company’s headquarters in Montpelier, Vermont.
Vermont Mutual Insurance Group® is a trade name of Vermont Mutual Insurance Company, Northern Security Insurance Company, Inc. and Granite Mutual Insurance Company. Chartered in 1828, Vermont Mutual is one of the ten oldest mutual property/casualty insurers in the United States and provides coverage throughout New England and upstate New York. Through more than 400 independent agencies, the Group insures over 315,000 policyholders with a direct written premium of more than $500,000,000. The group is rated “A+ Superior” by A. M. Best and a Ward’s Top 50 performing property/casualty insurer in the U.S. for the past eleven consecutive years.