Posted on 08 Sep 2011
Consolidated Insurance Agents LLC, the Garden State’s fastest growing insurance agency, announced today that John K. Tiene has been named the company’s chief executive officer. Most recently Tiene was a corporate director with OneBeacon Insurance Group, Ltd. He had previously served for more then a decade as the principal spokesman and chief lobbyist for the state’s $12 billion property-casualty insurance industry.
“We’re very excited to add an individual with such deep industry knowledge and?accomplishments to our executive team,” said Michael Varvar, president of Consolidated and agency principal at Valvano Insurance Agency. “John’s going to focus on growth and deepening our relationships with our partner?companies.”
“I was attracted to Consolidated because I’ve spent a significant amount of time over the last few years looking at how the independent agent system was adapting to the?new highly competitive markets,” said Tiene. “The Consolidated model impressed me because it benefits both agents and companies.”
Tiene joined OneBeacon in 2003 as vice president for strategic initiatives for New Jersey Skylands Insurance Association, a reciprocal entity managed by OneBeacon,?before being promoted to Director for Sales and Marketing responsible for their eight-state personal lines group. He also represented OneBeacon on the advisory board of Trusted Choice®, the agency marketing organization of the Independent?Insurance Agents of America.
“John brings a wealth of executive management experience to Consolidated. He’s?an experienced leader and industry innovator,” continued Varvar.
Tiene lead the property-casualty insurance industry’s trade group for eleven years and was instrumental in forming the Insurance Council of New Jersey, where?he served as president. In addition, he played a primary role in the development?and passage of the major legislative automobile insurance reform law in 2003 and?served as chairman of the state-mandated commission that handled the politically?sensitive issue of redrawing the geographic boundaries for automobile insurance?rating for the first time in sixty years.
The Professional Insurance Agents of New Jersey, Office of the Insurance Fraud Prosecutor and Business News, New Jersey, have also recognized Tiene for his?accomplishments. He currently serves on the Board of Trustees of the Brain?Injury Association of New Jersey and Holy Cross High School in Delran, New?Jersey, and the Advisory Council of the Court Appointed Special Advocates of?New Jersey.
Consolidated Insurance Agents LLC, formed just over a year ago, is focused on solving the challenges faced by most independent insurance agents, specifically?access to quality markets without large volume commitments, maintaining their agency ownership and, increasing profitability and client retention. Their website?is consolidatedinsurancenj.com.