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American Guaranty Fund Group

Insurance · Florida, United States · 102 Employees

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About

Headquarters

1400 Village Square Blvd Ste 3-008, Tallahassee...

Phone Number

(850) 386-9200

Revenue

$5.2 Million

Industry

Insurance

Recent News & Media

No recent news or media

Who is American Guaranty Fund Group

The American Guaranty Fund Group, Inc. (AGFG) was created in 2004 to function as the management company for the Florida Insurance Guaranty Associat ion, Inc. (FIGA) and the Florida Workers' Compensation Insurance Guaranty Association, Inc. (FWCIGA), entities created by statute to pay the claims of insolvent insurers. The formation of AGFG was initiated, in part, to gain efficiencies through the consolidation of executive management for FIGA and FWCIGA. The consolidation results in cost savings for each of the individual guaranty funds, provides consistency in processes and reduces redundancies. AGFG is organized and operated as a not-for-profit corporation under the laws of the State of Florida and is headquartered in Tallahassee. AGFG is owned and controlled equally by FIGA and FWCIGA and is under the supervision, control and direction of the Board of Directors. The AGFG Board is comprised of three members of the FIGA Board and three member of the FWCIGA Board. The AGFG Board includes the chair of the FIGA and FWCIGA boards along with two other members from each board. The Chair of the AGFG Board alternates between FIGA and FWCIGA on an annual basis. AGFG Board members are not compensated; however, expenses of attendance are reimbursed. AGFG provides management and claim supervisory services to FIGA and FWCIGA, pursuant to a management services contract. AGFG assists FIGA and FWCIGA in the discharge of their statutory responsibilities to handle promptly and efficiently covered claims against insolvent insurers and insurer organizations. Operating costs of AGFG, other than direct costs attributable to FIGA or FWCIGA, are distributed between FIGA and FWCIGA based on an annually approved allocation plan. Contractual duties and responsibilities of AGFG include the following: Annual budgeting and budget monitoring Oversight and preparation of claims reporting to the Boards Annual, Quarterly, and Monthly financial statement reporting Coordination of FIGA and FWCIGA staff and receivers of insolvent insurers ...Read more

American Guaranty Fund Group's Social MediaPopular SearchesAmerican Guaranty Fund Group IncAmerican Guaranty FundAgf Group IncAmerican Guaranty Fund GroupSIC Code 87,874NAICS Code 33,332Show more

American Guaranty Fund Group Org Chart

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Holly Newell

Chief Operating Officer

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Steve Brown

Chief Operating Officer

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Frequently Asked Questions Regarding American Guaranty Fund Group

Where is American Guaranty Fund Group located?
American Guaranty Fund Group's headquarters are located at 1400 Village Square Blvd Ste 3-008, Tallahassee, Florida, 32312, United States
What is American Guaranty Fund Group's phone number?
American Guaranty Fund Group's phone number is (850) 386-9200
What is American Guaranty Fund Group's official website?
American Guaranty Fund Group's official website is www.agfgroup.org
What is American Guaranty Fund Group's Revenue?
American Guaranty Fund Group's revenue is $5.2 Million
What is American Guaranty Fund Group's SIC code?
American Guaranty Fund Group's SIC: 87,874
What is American Guaranty Fund Group's NAICS code?
American Guaranty Fund Group's NAICS: 33,332
How many employees does American Guaranty Fund Group have?
American Guaranty Fund Group has 102 employees
What industry does American Guaranty Fund Group belong to?
American Guaranty Fund Group is in the industry of: Insurance
What is American Guaranty Fund Group competition?
American Guaranty Fund Group top competitors include: Lockton Affinity, Maury Donnelly & Parr, The AXiA Group, Keen Battle Mead
What technology does American Guaranty Fund Group use?
Some of the popular technologies that American Guaranty Fund Group uses are: Freshservice, Gupy, Zingfit, WordPress.org
How do I contact American Guaranty Fund Group?
American Guaranty Fund Group contact info: Phone number: (850) 386-9200 Website: www.agfgroup.org
What does American Guaranty Fund Group do?

The American Guaranty Fund Group, Inc. (AGFG) was created in 2004 to function as the management company for the Florida Insurance Guaranty Association, Inc. (FIGA) and the Florida Workers' Compensation Insurance Guaranty Association, Inc. (FWCIGA), entities created by statute to pay the claims of insolvent insurers. The formation of AGFG was initia... ted, in part, to gain efficiencies through the consolidation of executive management for FIGA and FWCIGA. The consolidation results in cost savings for each of the individual guaranty funds, provides consistency in processes and reduces redundancies. AGFG is organized and operated as a not-for-profit corporation under the laws of the State of Florida and is headquartered in Tallahassee. AGFG is owned and controlled equally by FIGA and FWCIGA and is under the supervision, control and direction of the Board of Directors. The AGFG Board is comprised of three members of the FIGA Board and three member of the FWCIGA Board. The AGFG Board includes the chair of the FIGA and FWCIGA boards along with two other members from each board. The Chair of the AGFG Board alternates between FIGA and FWCIGA on an annual basis. AGFG Board members are not compensated; however, expenses of attendance are reimbursed. AGFG provides management and claim supervisory services to FIGA and FWCIGA, pursuant to a management services contract. AGFG assists FIGA and FWCIGA in the discharge of their statutory responsibilities to handle promptly and efficiently covered claims against insolvent insurers and insurer organizations. Operating costs of AGFG, other than direct costs attributable to FIGA or FWCIGA, are distributed between FIGA and FWCIGA based on an annually approved allocation plan. Contractual duties and responsibilities of AGFG include the following: Annual budgeting and budget monitoring Oversight and preparation of claims reporting to the Boards Annual, Quarterly, and Monthly financial statement reporting Coordination of FIGA and FWCIGA staff and receivers of insolvent insurers ...Read More

What are American Guaranty Fund Group social media links?
American Guaranty Fund Group Linkedin page
Is American Guaranty Fund Group a public company?
American Guaranty Fund Group is private company therefore does not currently have an official ticker symbol
See more information about American Guaranty Fund Group

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