Great American Insurance Group Announces the Promotion of Stephanie M. Hoboth to Divisional President, Fidelity / Crime
CINCINNATI – June 6, 2022 – Great American Insurance Group announced today the promotion of Stephanie M. Hoboth to Divisional President, Fidelity / Crime. Ms. Hoboth succeeds Frank Scheckton, who will retire in September after nearly 28 years of distinguished service to the Company.
Ms. Hoboth joined Fidelity / Crime in 1997 as the division’s sixth employee and has spent her entire career with Great American. Since that time, she has held numerous leadership positions within the Company and recently served as Divisional Senior Vice President, overseeing most Fidelity / Crime Division underwriting offices, its specialty underwriting group and IT functions.
Ms. Hoboth was instrumental in developing numerous initiatives within the Division, including a program business model and the Kidnap and Ransom program. In addition, she was instrumental to helping the Company become the largest crime writer of Native American risks in the United States.
Ms. Hoboth graduated magna cum laude from the University of Connecticut with a Bachelor of Arts. In 2016, she was named an Elite Woman in Insurance by Insurance Business America.
With more than 25 years of protecting virtually every class of business from crime-related losses, Great American’s Fidelity / Crime Division has a depth of experience in both underwriting and claims that is unmatched in the marketplace. As one of the largest monoline crime insurers in the hemisphere, the Fidelity / Crime Division maintains $50 million in underwriting capacity for private and public businesses, financial institutions and governmental entities, and $65 million in a broad kidnap, ransom & extortion policy. Additionally, Fidelity / Crime offers specialized products and programs for casinos and gaming operations, armored car companies, mining risks, ATM companies, security guards and check cashers.
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.