Frankenmuth Insurance has announced Andy Knudsen, Executive Vice President, Chief Operating Officer, and Corporate Secretary, has been appointed and promoted to succeed Fred Edmond as the company’s President, effective April 25, 2023.
FRANKENMUTH, Mich., May 21, 2023 /PRNewswire-PRWeb/ — Frankenmuth Insurance has announced Andy Knudsen, Executive Vice President, Chief Operating Officer, and Corporate Secretary, has been appointed and promoted to succeed Fred Edmond as the company’s President, effective April 25, 2023. Edmond retains his responsibilities as Chief Executive Officer.
Knudsen has 32 years of Claims management experience and has been with Frankenmuth Insurance for more than ten years. He was elected to the Board of Directors for Frankenmuth Insurance Company and its five subsidiary companies in 2021 and currently serves on the Executive, Investment, Nomination and Corporate Governance, Political Affairs (Chairperson), Proxy, and Retirement committees. Additionally, Knudsen serves on the Board of Directors and as President of the Frankenmuth Insurance Foundation.
Knudsen holds a bachelor’s degree in business from the University of Colorado. Serving as an industry expert, Knudsen is actively involved with the National Association of Mutual Insurance Companies and the American Property Casualty Insurance Association.
In addition to serving in this new capacity, Knudsen will continue in his role as Chief Operating Officer and Corporate Secretary.
About Frankenmuth Insurance:
Insurance exists to provide peace of mind, and Frankenmuth Insurance, headquartered in historic Frankenmuth, Michigan, has been protecting individuals, families, and businesses for more than 150 years. With more than 800 employees, we truly care about the people we serve and strive to be your insurer of choice by delivering unparalleled protection and service. As a super-regional carrier, we partner exclusively with more than 750 independent agencies in 15 states to customize business, home, auto, and life insurance policies and surety bonds. We are proud to be one of the industry’s most financially sound, stable, and secure carriers, with $1.9 billion in assets. We have earned an AM Best “A” (Excellent) rating or higher every year for more than 45 years and have been recognized as a Ward’s 50 Property-Casualty Top Performer 17 times. For more information, visit fmins.com.
Marcia Merando, Frankenmuth Insurance, 989-652-6121, [email protected]
SOURCE Frankenmuth Insurance