Great American Insurance Group Announces the Promotion of Michael B. Mulvey to Divisional President within Great American’s Property & Casualty Group
CINCINNATI – May 18, 2022 – Great American Insurance Group today announced the promotion of Michael (Mike) B. Mulvey to Divisional President within its FCIA – Trade Credit & Political Risk Division. Mr. Mulvey succeeds Phil Lally, who will retire in July after more than 31 years of distinguished service to the Company.
Mr. Mulvey joined FCIA in 2012 as Divisional Vice President, leading its claim and recovery operations. In 2021, he was promoted to Divisional Senior Vice President and was responsible for reinsurance, compliance and corporate governance, as well as serving on the Division’s Credit Committee. Mr. Mulvey brings more than 30 years of experience to the position with expertise in claims and underwriting.
Mr. Mulvey earned a Bachelor of Arts from Lehman College and a Juris Doctor (JD) from Pace University.
FCIA is a division of Great American Insurance Company. FCIA underwrites and services the Trade Credit & Political Risk Insurance Policies of Great American Insurance Company and has been part of the Great American Insurance Group since 1991. FCIA's associated organization, the Foreign Credit Insurance Association, pioneered export credit insurance in the United States in 1961. FCIA offers export and domestic Trade Credit Insurance as well as a wide variety of Specialty Trade Credit and Political Risk products that facilitate global trade and related financing activities. With over six decades of service, FCIA's seasoned team of credit professionals has a well-established track record of providing customized solutions to meet its insureds’ unique needs.
Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company. Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses. Great American Insurance Company has received an “A” (Excellent) or higher rating from the A.M. Best Company for more than 110 years (most recent rating evaluation of “A+” (Superior) affirmed December 3, 2021). The members of Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio. AFG’s common stock is listed and traded on the New York Stock Exchange under the symbol AFG.