Nicholas T. Moraites Named Divisional Assistant Vice President at Great American Insurance Group
CINCINNATI – November 15, 2023 – Great American Insurance Group is pleased to announce that Nicholas (Nick) T. Moraites has joined its Fidelity / Crime Division as Divisional Assistant Vice President of Claims.
Mr. Moraites joins the company from a large commercial and personal property and casualty insurer, where he served as Senior Claim Counsel. Prior to working in the insurance industry, he was a litigator for several prominent law firms. He brings more than 17 years of legal experience to the position.
Mr. Moraites earned a Bachelor of Arts in Political Science from the University of Pittsburgh. He also earned a Juris Doctor (JD), magna cum laude, and a Master of Laws in Law & Economics from George Mason University, Antonin Scalia Law School, in Arlington, Virginia. Mr. Moraites will be based in Pittsburgh, Pennsylvania.
“We are very excited to have Nick on our team. We welcome his insurance and legal experience and look forward to his contributions to our claims operation,” said Stephanie Hoboth, Divisional President, Fidelity / Crime.
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 fine art, casinos and gaming operations, armored car companies, mining risks, ATM companies, security guards and check cashers. Policies are underwritten by Great American Insurance Company and Great American Security Insurance Company, authorized insurers in all 50 states and the DC.
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 115 years and is currently rated “A+” (Superior). 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.