Guaranty Fund Management Services Inc
BOSTON, MA
Total revenue
$7.5M
Total expenses
$8.5M
Net assets
—
Grants received
—
EIN
042712442
Tax year
2024
Mission
Provides management and claims supervisory services to its member associations to assist them in the discharge of their respective statutory responsibilities to handle promptly and efficiently covered claims against insolvent property and casualty insurers. The Corporation has been formed to establish and maintain a single efficient management and claims service organization for its member guaranty associations. The objectives of the Corporation include, but are not limited to: (1) Providing management and claims supervisory services to insurance guaranty funds or associations created by statute; (2) Assisting guaranty associations in the discharge of their statutory responsibility to handle promptly and efficiently covered claims against insolvent insurers; (3) Furnishing related or compatible services to insurers and insurer organizations; and (4) Doing any and all things appropriate to accomplish the foregoing purposes.
Financials
FY 2024
Revenue
Expenses
People
19 listed
Barbara Law
President & CEO
$581K
37.5 hrs/wk
Jeffrey Scott
Vice President Claims
$294K
37.5 hrs/wk
Linda Angelone
Senior Vice President HR and Compliance
$258K
37.5 hrs/wk
Dimitar Kotzev
Vice President IT
$202K
37.5 hrs/wk
Andrea Rossi
Vice President Operations
$153K
37.5 hrs/wk
Heather Holland
Treasurer and VP Accounting and Finance
$123K
30 hrs/wk
Donald Baldini
Director
—
1 hrs/wk
Harris E Berenson
Director
—
1 hrs/wk
William Cahill
Director
—
1 hrs/wk
Earl Cottam
Director
—
1 hrs/wk
Lincoln Merrill Jr
Director
—
1 hrs/wk
L Noel Patterson Jr
Director
—
1 hrs/wk
Joseph Torti III
Director
—
1 hrs/wk
Theresa Lewis
Director
—
1 hrs/wk
Ramzi Ballout
Senior Applications Architect
$169K
37.5 hrs/wk
Sergey Dmitriev
Lead Applications Developer
$147K
37.5 hrs/wk
Marjorie Corbet
Claims Manager
$144K
37.5 hrs/wk
Craig Cote
Senior Systems Administrator
$139K
37.5 hrs/wk
Keith Legget
Claims Manager
$131K
37.5 hrs/wk