Can I use life insurance to pay off my mortgage instead of mortgage protection insurance?

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MS Transverse, a specialty insurance platform that works with programme administrators and managing general agents (MGAs), has announced the appointment of Anthony Grippa as Chief Commercial Officer (CCO).

Can I use life insurance to pay off my mortgage instead of mortgage protection insurance?Grippa brings more than 25 years of experience building and leading businesses across insurance, reinsurance, programmes, specialty insurance, brokerage and claims services.

He is joining the company from BMS Re, where he most recently served as Chief Strategy Officer, and was a member of the U.S. Executive Committee.

During his time at the reinsurance broker, he was in charge of leading strategic initiatives across Programs, Mutuals, and Specialty.

Before this, he spent nearly eight years as an Operating Partner at Dowling Capital Partners and a Senior Advisor at Dowling Hales, where he held senior leadership roles across a number of insurance businesses.

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Among other roles, Grippa also served as Risk Transfer and Vice Chairman of Atlas General, assisting in the transformation of both companies, and  eventually overseeing their sale to Arthur J. Gallagher.

“Tony is a respected leader with a rare breadth of experience across the insurance industry,” said John Fitzgerald, CEO of MS Transverse. “He brings the judgment of a seasoned operator, a deep network across the industry and a practical, commercial mindset. He will be a strong addition to our leadership team and I am pleased to welcome him.”

“MS Transverse has established a distinctive position as the leading hybrid fronting carrier for programs and MGAs, backed by the strength of MS&AD,” said Grippa. “I am looking forward to working with John and the leadership team, to support our people, and to help shape the next stage of the company’s growth.”

The post MS Transverse names Grippa as new Chief Commercial Officer appeared first on ReinsuranceNe.ws.

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Can I use life insurance to pay off my mortgage instead of mortgage protection insurance?

đź“° Curated Industry Article
This is a summary of a full article from a trusted insurance publication. Click "Read Full Article" below to read the complete story.

MS Transverse, a specialty insurance…

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đź“° This article is sourced from a trusted insurance industry publication. Farmer Stockman Insurance shares this for informational purposes only. Always consult a licensed advisor for personalized guidance.