Atlas Financial Holdings, Inc. Announces Executive Changes
December 16, 2019 at 09:42 pm
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Effective December 15, 2019, Joe Shugrue was promoted to Chief Operating Officer of Atlas Financial Holdings, Inc. In this newly created position, Mr. Shugrue will oversee the Company’s information technology, operations and underwriting and will continue to maintain oversight of claims. Mr. Shugrue, has served as VP Claims since joining the Company in January 2011. On December 16, 2019, Leslie DiMaggio, Vice President of Operations & IT of the Company, notified the Company that she will resign effective as of December 27, 2019, to pursue another professional opportunity.
Atlas Financial Holdings, Inc. is a financial service holding company. The Companyâs primary business is generating, underwriting and servicing commercial automobile insurance policies in the United States. The Company focuses on a managing general agency (MGA) strategy, primarily through its wholly owned subsidiary, Anchor Group Management, Inc. (AGMI). AGMI focuses on a niche market orientation for the light commercial automobile sector. This sector includes taxi cabs, limousines, livery, full-time transportation network companies (TNC) drivers/operators, and other specialty commercial auto operators. Automobile insurance products provide insurance coverage in three major areas: liability, accident benefits and physical damage. The Company operates in one business segment: the Managing General Agency segment. The Companyâs subsidiaries include UBI Holdings Inc. (UBI Holdings), optOn Digital IP Inc. (OOIP) and optOn Insurance Agency Inc.