Annual Premium Annuity Definition
A sequence of premium payments made to buy an annuity.
CHARLOTTE, N.C. -- AmWINS Group, Inc., today announced that Ben Francavilla has been named President of AmWINS Program Underwriters (“APU”). In this role, Francavilla will be responsible for the day-to-day operations of AmWINS Program Underwriters, a managing general agency specializing in affinity and program management. Based in Camp Hill, PA, APU administers more than 20 programs generating in excess of $110 million in premium.
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“Ben is ideally suited for this role,” said Steven DeCarlo, AmWINS Group’s CEO. “He has been deeply involved in managing the company’s marketing efforts along with new program development for the past several years. He brings a wealth of knowledge, charisma and experience to the position.”
Maryland BondsFrancavilla joined APU in 1993 and most recently served as its Senior Managing Director as well as Director of Program Development for AmWINS’ underwriting division.
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In assuming this new role, Francavilla succeeds Larry Bitner who recently announced his retirement after serving as President of APU for over 10 years.
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“I would like to express my genuine appreciation for Larry’s contributions to AmWINS over the years. He has played a valuable role in positioning APU for long-term success,” said DeCarlo.
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About AmWINS Group, Inc.
Auto Insurance Orange CountyAmWINS Group, Inc. (www.amwins.com) is a wholesale distributor of specialty insurance products dedicated to serving retail agents throughout the United States by providing property and casualty, group life and health, and program administration services. Based in Charlotte, NC, the company operates through more than 45 offices across the United States and handles premium placements in excess of $3.4 billion dollars annually.