Brings 22 Years Of Av-Insurance Experience, 4,000 Flight Hours
Avemco Insurance Company announced
Thursday Jim Lauerman has been promoted to President of the
Lauerman, who was Executive Vice President-Insurance Operations
and Chief Underwriting Officer of Avemco before being promoted to
President, has been in the insurance industry since 1985, starting
his career at National Aviation Underwriters as an Underwriter.
Since then he has served in several positions including Vice
President of Underwriting at US Specialty Insurance Company
(USSIC), a sister company of Avemco.
"Jim Lauerman’s long experience and familiarity with
aviation and his passion for Avemco make him the right person to
assume the helm. We are very pleased to welcome him as President of
one of the nation’s leading aviation insurers," Frank J.
Bramanti, Chief Executive Officer of Avemco's parent company, HCC
Insurance Holdings, Inc, said.
Lauerman couples his 22 years of aviation insurance experience
with 35 years in general aviation holding an ATP certificate with
Multi-engine CFII ratings, over 4,000 hours of flight time of which
over 2,000 are instruction given.
Citing 2008 plans, Lauerman said "The team at Avemco is excited
to continue its long and very successful heritage by offering
general aviation's only direct insurance products. Our customers
deal directly with our underwriters -- and that will not change. We
are very committed to continuing our investment in our people to
help them grow in their ability to serve our customers.
"We will also be deepening our support of aviation-related
endeavors that serve general aviation, including the AERI research
project, the Build A Plane organization and Jamail Larkins' Dream
Launch Tour," Lauerman said.
Headquartered in Frederick, MD, Avemco Insurance Company insured
planes and pilots since 1961.