Producer’s National Corporation (PNC), an insurance holding company that develops insurance solutions for US customers, has announced the appointment of Donald Matz as its President and Chief Executive Officer, effective August 15, 2022.
Matz served most recently as President of Tower Hill Insurance Group, one of Florida’s largest property insurers.
PNC is a strategic partner of Resolute Global Partners, a specialist insurance and reinsurance opportunities investment manager that also allocates capital to ILS investments.
“We are pleased to welcome Don to the PNC team at an exciting time in the company’s growth and development,” said Tom Libassi, Co-Founder and Managing Partner of Resolute Global and Chairman of the PNC Board of Directors.
“His leadership and expertise will be a tremendous asset as we continue to focus on building a nimble, flexible insurance company, enhancing the customer experience, and increasing underwriting profitability.”
During Matz’s 26-year tenure at Tower Hill, he led key initiatives, including the introduction of Tower Hill’s private flood program, its multi-policy marketing partnership with Safeco Insurance, and the launch of Tower Hill Insurance Exchange, while developing the company’s leadership team.
Before being named President of Tower Hill, he held multiple leadership positions of increasing responsibility at the company, including Senior Vice President of Operations and Chief Operating Officer.
While serving as President, Matz was also CEO of Tower Hill Preferred and Tower Hill Signature Insurance Companies and CEO of Tower Hill Risk Management, the Attorney-in-Fact for Tower Hill Insurance Exchange.
Previously, he was President of Cleveland Operations for Managed Care of America, Inc.
