CINCINNATI--(BUSINESS WIRE)--Great American Insurance Group is pleased to announce the promotion of Timothy (Tim) E. Markey to Divisional Vice President within its Fidelity / Crime Division.
Mr. Markey joined Great American in 2017 as a Divisional Assistant Vice President. He has assumed roles of increasing responsibility and was named Head of Claims for Fidelity / Crime in early 2020. He is responsible for all aspects of the Division’s claim handling, subrogation and litigation management, while also assisting with marketing and continuing education initiatives.
Mr. Markey brings over 25 years of industry experience to the role and has held leadership positions in several fidelity industry professional organizations, including his current appointment as Vice Chair of the Fidelity Claims Advisory Committee for the Surety and Fidelity Association of America.
Mr. Markey earned a bachelor’s degree in business management from the University of Scranton and a Juris Doctorate from Seton Hall School of Law. He is a member of the New Jersey bar.
Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company. Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance focusing on specialty commercial products for businesses. Great American Insurance Company has received an “A” (Excellent) or higher rating from the A.M. Best Company for more than 110 years (most recent rating evaluation of “A+” (Superior) affirmed October 28, 2020). The members of Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio. AFG’s common stock is listed and traded on the New York Stock Exchange under the symbol AFG. On January 27, 2021, AFG announced that it entered into a definitive agreement to sell its annuity business to Massachusetts Mutual Life Insurance Company. The sale is expected to close in the second quarter of 2021.