Scott Merrihew Takes on Role of Chief Underwriting Officer at Frankenmuth Insurance
Scott Merrihew Promoted to Chief Underwriting Officer at Frankenmuth Insurance
In a recent announcement, Frankenmuth Insurance has promoted Scott Merrihew to the position of Chief Underwriting Officer. This new role not only highlights Merrihew's extensive experience and commitment but also expands his responsibilities significantly within the company. He will now oversee both Commercial Lines and Personal Lines Underwriting, reflecting a strategic move to enhance underwriting processes across the board.
Merrihew's journey with Frankenmuth Insurance began 30 years ago, where he has risen through the ranks, consistently demonstrating his leadership capabilities and strategic vision. Prior to this promotion, he served as the Chief Commercial Lines Officer starting in 2024. In that capacity, he was instrumental in leading various initiatives that propelled the company forward, such as technology transformations and restructuring the underwriting departments.
His involvement with key groups is commendable; he serves not only on the Executive Committee for the Frankenmuth Mutual Holding Company but also participates in the Reinsurance Committee and the Surety Steering Committee. This diverse involvement showcases his comprehensive understanding of the insurance landscape and his dedication to fostering growth at all levels of the organization.
Merrihew's leadership has not gone unnoticed. His efforts facilitated strong growth and profitability in the Commercial Lines sector. Under his guidance, the department implemented several noteworthy changes, including the introduction of an auto optional class plan and state expansion efforts. Furthermore, his recent focus on small commercial initiatives has yielded promising results.
Educationally, Merrihew holds a Bachelor’s degree in Business Administration with a concentration in finance from the University of Michigan-Flint. He has further distinguished himself within the industry by earning numerous professional designations such as Chartered Property Casualty Underwriter (CPCU), Associate in Reinsurance (ARe), Associate in Risk Management (ARM), and Associate in Insurance Data Analytics (AIDA). These credentials not only amplify his knowledge but also ensure he remains at the forefront of industry standards and practices.
Frankenmuth Insurance has a rich history of over 155 years, dedicated to providing its customers with peace of mind through tailored insurance solutions. As a super-regional carrier, the company operates with a network of more than 800 independent agencies across 15 states, offering a full suite of insurance products including business, home, auto, and life insurance, as well as surety bonds. With more than $2 billion in assets and an AM Best A category rating sustained for over 45 years, Frankenmuth Insurance has established itself as a trusted provider within the industry.
In conclusion, Scott Merrihew's promotion to Chief Underwriting Officer is a strategic advancement for both him and Frankenmuth Insurance. His extensive background, combined with his proactive approach to underwriting and leadership, positions the company for continued success in an ever-evolving insurance market.