January 24, 2007 - Atlanta and Dallas - Gramercy Insurance Company, a leader in commercial property and casualty insurance, announced today that Mike Darrah will lead the company's commercial automobile sales and marketing efforts as the company accelerates its growth and diversification in 2007. Darrah is tasked with developing relationships and managing the company's commercial auto insurance offerings in new territories.
"Mike has a thorough understanding of the complexities of the transportation insurance market. His experience will help Gramercy build upon our presence in the industry," says Todd Campbell, president and chief executive officer of Gramercy. "It is always important that we bring the right talent to Gramercy as we continue to expand in our commercial lines insurance business. Mike's deep experience will be an asset to our team as we continue our expansion across the country."
Darrah has a track-record of continually fueling growth channels in the trucking arena particularly starting up marketing divisions and designing successful fleet programs. Darrah's commercial program knowledge will complement Gramercy's growth as new territories are opened and its transportation business continues to succeed.
"It is an exciting time to join Gramercy. Its growth-focused entrepreneurial attitude is evident at all levels of the company. I look forward to contributing to the company's growth," says Darrah.
Darrah brings to Gramercy over 25 years marketing and underwriting experience in transportation insurance. Darrah previously served as Vice President and Regional Transportation Broker for Marsh USA, Inc., where he managed Marsh's Southeast and Northeast regions leading and designing marketing programs for commercial automobile fleets. Darrah has a successful track record of building business and achieving growth through underwriting profits in all market conditions.
Darrah has a B.S. in Business Administration from Minnesota State University. He also served as LRRP team leader with the 75th Infantry Rangers.
About Gramercy Insurance Company
Gramercy Insurance Company is a commercial property and casualty insurance company with operations in Atlanta and Dallas. Gramercy was formed in 1979 and purchased by its current owner in February 2000. Gramercy is currently licensed to write business in 27 states, including Alabama, Arkansas, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Mississippi, Montana, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia and Wyoming.


