– USA, FL – 1347 Property Insurance Holdings, Inc. (NASDAQ:PIH), announced today that it has appointed Scott D. Wollney to the Company’s Board of Directors. Mr. Wollney will serve as an independent director, and this appointment increases the Company’s Board to six members.
Since December 2010, Mr. Wollney has served as the President, Director and Chief Executive Officer of Atlas Financial Holdings, Inc. (“Atlas”), a NASDAQ-listed commercial automobile insurance company. More than 10 years ago, Mr. Wollney co-founded Avalon Risk Management, Inc., an insurance broker, and served as President from 2002 to 2008 and has more than 24 years of experience in property and casualty insurance. During his tenure in the industry, Mr. Wollney has held executive positions at both insurance companies as well as brokerage operations. Mr. Wollney is a MBA graduate of Northwestern University’s Kellogg School of Management with a concentration in finance and management strategy and holds a Bachelor of Arts degree from the University of Illinois.
Gordon G. Pratt, Chairman of the Board, said, “We are so pleased to welcome Scott to the Company’s Board of Directors. We are confident that his experience in and knowledge of the property and casualty insurance industry will contribute to PIH’s growth and decision making. His proven leadership skills are a valuable addition to our board.”
“Joining the PIH Board of Directors is a great honor,” said Mr. Wollney. “I look forward to working with the Company’s management team and with my fellow directors as the Company pursues its high potential, specialty insurance business model.”
About 1347 Property Insurance Holdings, Inc.
1347 Property Insurance Holdings, Inc. is a property and casualty insurance holding company incorporated in Delaware. In December 2012, the Company began providing property and casualty insurance to individuals in Louisiana through its wholly-owned subsidiary, Maison Insurance Company. The Company’s insurance offerings currently include homeowners’ insurance, manufactured home insurance and dwelling fire insurance.
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