SALT LAKE CITY, August 13, 2024–(BUSINESS WIRE)–Ms. Day has held leadership roles in the insurance industry for over 30 years. Her expertise and leadership skills will help Prime realize its vision for the future and evolve its operating systems to efficiently support ongoing change and revenue growth.
Rick J. Lindsey, President, CEO and Chairman of the Board of Directors of Prime Insurance Company, stated, “We are pleased to welcome Peggy to the Prime team at this pivotal time. She will play a key role in bringing fresh vision and inspiration to the company as it moves to new heights. Prime continues to revolutionize the insurance industry by providing solutions and options to the market, and Peggy’s expertise aligns with our plan for growth and profitability.”
Ms. Day previously worked at Distinguished Programs where she was instrumental in the formation of Energy Transition and its successful achievement of its goal of achieving $175 million in gross profits within three years. Prior to Distinguished Programs, Peggy was with Breckenridge Insurance Services in New York where she led all technical aspects of property and casualty insurance business development, overseeing multiple concurrent objectives and competing priorities including securing capital, negotiating reinsurance capacity and fronting agreements while reporting directly to the CEO.
Ms. Day commented: “I love the Prime story. They are outliers in a market that often distrusts change. I can’t wait to play my part in the Prime revolution and make Prime an even more successful company than it is today!”
Prime Insurance Company is an *AM Best A (Excellent) rated excess and surplus lines insurer offering customized solutions in all fifty states. The company offers a partnership approach to specialty liability insurance for property and professional liability and more.
For more information about Prime Insurance Company, visit www.primeis.com.
For the latest rating, visit www.ambest.com.
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