CINCINNATI–(BUSINESS WIRE)–Great American Insurance Group is pleased to announce the promotion of James F. Wood as President of its Florida-based workers’ compensation member, Summit Consulting LLC (“Summit”), effective June 1, 2024. Mr. Wood will succeed Carol Sipe, who will retire in September after more than 35 years of service.
Mr. Wood has spent his entire career with Summit, beginning in the Management Training program in 1997. Since that time, he has held leadership roles throughout many areas of the organization, including sales and marketing, underwriting and claims. Currently, Mr. Wood serves as Senior Vice President of the Southeast Region and Claims and Medical Management.
Mr. Wood earned a Bachelor of Arts in Social Science from the University of South Florida and a Master of Business Administration from Saint Leo College. He also holds a doctoral degree in organizational leadership from Nova Southeastern University in Fort Lauderdale.
“Over his 25-year career at Summit, James’ talent and expertise have contributed greatly to the company’s success. I am confident under his leadership Summit is well-positioned to continue its history as a superior workers’ compensation carrier,” said Mike Sullivan, Executive Vice President, Great American Insurance Group.
Based in Lakeland, Florida, Summit is a leading regional provider of workers’ compensation insurance coverage in the United States and is a member of Great American Insurance Group. Summit manages the day-to-day operations of six workers’ compensation insurance companies that include its three affiliates, Bridgefield Employers Insurance Company, Bridgefield Casualty Insurance Company and Bridgefield Indemnity Insurance Company, and three non-affiliates, BusinessFirst Insurance Company, RetailFirst Insurance Company and Retailers Casualty Insurance Company. Summit provides its comprehensive workers’ compensation insurance services to businesses in Alabama, Arkansas, Florida, Georgia, Indiana, Kentucky, Louisiana, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas and Virginia. Summit has offices in Lakeland, Florida, Baton Rouge, Louisiana, and Gainesville, Georgia. For more information, visit www.summitholdings.com.
About Great American Insurance Group
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 over 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.
Contacts
Diane P. Weidner, IRC
Vice President, Investor & Media Relations
American Financial Group, Inc.
513-369-5713
Websites:
www.GAIG.com
www.AFGinc.com
