FedNat Announces Mel Russell to Join the Leadership Team at Monarch National Insurance Company
FedNat Holding Company (FNHC)
Last fednat holding company earnings: 2/26 04:01 pm
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
SUNRISE, Fla., June 26, 2019 (GLOBE NEWSWIRE) -- FedNat Holding Company (NASDAQ: FNHC), an insurance holding company, today announced the appointment of Mel Russell to Vice President at Monarch National Insurance Company, its wholly-owned subsidiary. Mr. Russell will lead Monarch, starting with the relaunch of its homeowner and condo programs in Florida, which represents an approximate $9 billion insurance market. His appointment is effective immediately and he will report directly to Michael H. Braun, FedNat’s President and Chief Executive Officer. “We are elated to bring Mel on board to lead Monarch,” said Mr. Braun. “Mel has extensive underwriting knowledge with over 40 years of experience, 20 of which was in the Florida homeowners market as well as other east coast states. His industry experience and extensive agent relationships position Monarch to gain share in the robust Florida homeowners insurance market. We are excited about the opportunity to relaunch our Monarch program
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