What's Happening?
Albert Geraci, area president of Risk Placement Services, has been appointed as the president of the Florida Surplus Lines Association (FSLA). He succeeds Virginia Clancy, who held the position for the 2024-2025 term. Geraci has outlined several priorities for his tenure, including defending the freedom of rate and form, engaging in advocacy with policymakers, elevating public awareness, investing in future leadership, and fostering innovation and volunteerism within the association. Concurrently, Scott McCleary has joined Alliant Insurance Services as senior vice president in its employee benefits group, based in Charlotte, North Carolina. McCleary will work with clients nationwide on benefits strategies, having previously served as senior vice president at NFP, an Aon company.
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Why It's Important?
The appointment of Albert Geraci as FSLA president is significant for the insurance industry, particularly in Florida, as it may influence regulatory and policy advocacy efforts. His focus on defending rate and form freedom and engaging with policymakers could impact how insurance products are structured and marketed in the state. Scott McCleary's role at Alliant Insurance Services is crucial for expanding the company's reach in employee benefits, potentially affecting how businesses manage their benefits strategies. Both appointments highlight ongoing leadership changes in the insurance sector, which could lead to shifts in industry practices and priorities.
