State Auto Mutual Elects New Board Member

COLUMBUS, Ohio--(BUSINESS WIRE)--Peter Migliorato has been elected to the board of directors of State Automobile Mutual Insurance Company.

Migliorato is a senior Deloitte Consulting principal with over 35 years of experience advising major global insurers as they address their most critical strategic challenges and profitably grow their businesses. Throughout his career, Migliorato has worked with corporate leaders to shape and implement growth strategies, orchestrate turnarounds, improve profitability and capital productivity, lead successful enterprise-wide transformations, launch digital businesses and execute buy- and sell-side M&A transactions in the US and abroad. He’ll retire on June 1 as a lead client service partner for Deloitte’s largest, long-term insurance clients, focusing on innovation, data-driven analytics and the digital economy. Migliorato has advised insurance leaders on their innovation agendas, including the launch of a digital/direct commercial lines startup, formation of a captive FinTech VC portfolio company, the establishment of internal business/technology incubators and the end-to-end digitization of a top-five life insurer. He earned undergraduate degrees in history and geology from Oberlin College and continued his business education with coursework at INSEAD Business School, Northwestern University’s Kellogg School of Management and Deloitte University.

“Peter has an exceptional understanding of the insurance industry,” said State Auto President and CEO Mike LaRocco. “The depth of his knowledge of our business and the opportunities that exist to drive innovation and profitable growth will be incredibly valuable as we continue our digital transformation.”

About State Automobile Mutual Insurance Company

State Automobile Mutual Insurance Company, headquartered in Columbus, Ohio, is a super regional property and casualty insurance holding company celebrating its 100th anniversary in 2021. The company is primarily engaged in writing personal and business insurance products exclusively through independent insurance agencies in 33 states.

State Automobile Mutual is part of the State Auto Group, which is rated A- (Excellent) by the A.M. Best Company and includes State Automobile Mutual, State Auto Financial Corporation, State Auto Property & Casualty, State Auto Ohio, State Auto Wisconsin, Milbank, Meridian Security, Patrons Mutual, Rockhill Insurance, Plaza Insurance, American Compensation and Bloomington Compensation. Additional information can be found online at www.StateAuto.com.