After 31 years at Amica Mutual Insurance coverage, together with 17 years as its CEO, Robert A. “Bob” DiMuccio will retire on the finish of 2022, the corporate introduced.
“It has been an honor to function Amica’s CEO. You’re solely pretty much as good because the folks you encompass your self with, and I’ve been lucky to work with extraordinarily gifted workers and board members who genuinely care about this firm,” mentioned DiMuccio in an announcement. “Collectively, we’ve achieved so much and navigated some very difficult instances – most just lately, the impression of the pandemic on our workers and our prospects, each of whom have been on the forefront of our concern.
Amica mentioned it has by no means been in a powerful place and DiMuccio has excelled “in opposition to just about each significant measure of success.”
Amica earned a nationwide status as a frontrunner in customer support, product choices and ease of doing enterprise throughout DiMuccio’s tenure. Of specific be aware, a couple of years after DiMuccio took workplace in 2005, the nation needed to face the Nice Recession of 2007-09. DiMuccio labored hand in hand with the board and Amica’s workers to navigate and overcome this difficult time, Amica mentioned.
DiMuccio additionally deserves excessive marks for his dealing with of the COVID-19 pandemic. Amica mentioned DiMuccio and his workers developed, carried out and managed a profitable work-from-home staffing plan that enabled the corporate to keep up its industry-leading customer support requirements. And with the pandemic seemingly subsiding, the return-to-work program has been equally profitable.
“It’s the mixed effort of so many individuals concerned in placing the shopper first, guaranteeing that we have now essentially the most up-to-date expertise to serve them, rising our model consciousness throughout the nation, giving again to the group by our charitable basis, and caring for our workers with advantages that really make a distinction for them and their households,” DiMUccio added in an announcement. “These are just some of the issues that come to thoughts, however I’ve to emphasise that these aren’t my accomplishments. The nice folks I’ve had the fortune to work with made this occur.”
After 12 years at KPMG Peat Marwick in Windfall, Rhode Island, DiMuccio joined Amica in 1991 as a vp in Accounting, was promoted to senior vp, and was awarded the extra title of Treasurer in 1996. DiMuccio was then named Chief Monetary Officer in 2001 and government vp in 2003, earlier than being named president and CEO in 2005. The title of Chairman was added in 2008.
DiMuccio has been an energetic chief outdoors of Amica, serving on the Board of Governors of the American Property Casualty Insurers Affiliation. He’s additionally previous Board Chair of the Rhode Island Public Expenditure Council. Different boards on which he serves or has served embrace the Property & Legal responsibility Useful resource Bureau, the Higher Windfall Chamber of Commerce, the Washington Belief Firm and Crossroads Rhode Island. He has additionally obtained the Paul Harris Fellow Award, given by Rotary Worldwide for excellent group service.
DiMuccio will proceed by the top of the yr and be obtainable to make sure a clean transition to the brand new CEO, Amica mentioned.
Lead director Donald Julian Reaves expressed large gratitude for the “imaginative and prescient, management and excellent contributions to Amica and the group that Bob has supplied. By way of his steering and strategic mindset, Amica sharpened its give attention to the shopper, which has positioned the corporate for continued success within the years forward.”
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