Title: AVP Corporate Underwriting Products
Company: AmeriTrust Group
Location: Haslett, Michigan, United States
Frederick Parcells, Corporate Underwriter at AmeriTrust Group Inc., has been recognized by Marquis Who’s Who Top Executives for dedication, achievements, and leadership in insurance underwriting.
A graduate of Barton County Community College, Mr. Parcells earned an Associate of Arts in 1977, further receiving a Bachelor of Arts in finance from the University of Illinois at Urbana-Champaign two years later. Subsequently, he secured a Master of Business Administration from the Kelley School of Business at the University of Indiana in 1985. A certified financial planner, he is a chartered property and casualty underwriter and has worked with AmeriTrust since 2015. Prior to this appointment, he excelled as the president of Fred Parcells Consulting for three years, having previously contributed as the program manager for Illinois Casualty Co., from 2009 to 2011.
Mr. Parcells chose his profession as an actuary because he recognized his interest in math and desired a career in the business field. However, he later discovered that he was more interested in underwriting. At the start of his career, he worked as an actuarial trainee for CNA Insurance in Chicago, further joining Sentry Insurance as an actuarial technician from 1980 to 1983. For the next two decades, he held executive positions with Northbrook P&C Insurance, Allstate Insurance, Apex Insurance, Kemper Group, Interstate Insurance Group, and Morgan Stanley. For his accomplishments in the field, Mr. Parcells received the Chairman’s Quality Award and the Business Insurance Marketing Hero Award from Allstate Insurance in the past.
Civically, Mr. Parcells has been involved with the Cambridge Forest Association, Santa Claus Anonymous, and Habitat for Humanity. To remain aware of changes in the industry, he maintains a professional relationship with the Chartered Property and Casualty Underwriter Society, to which he has served as the vice president, secretary, treasurer, and as the chairman. In the coming years, Mr. Parcells would like to become vice president of his current company, with aspirations to retire at the age of 70. He would also like to be remembered as a reliable person and as someone people enjoyed working with.
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