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GUARANTY FUND MANAGEMENT SERVICES INC

Boston, MAEIN: 04-2712442Website

Data sourced from IRS 990 public filings

GUARANTY FUND MANAGEMENT SERVICES INC Provides management and claims supervisory services to its member associations to assist them in the discharge of their respective statutory responsibilities to handle promptly and efficiently covered claims against insolvent property and casualty insurers. The Corporation has been formed to establish and maintain a single efficient management and claims service organization for its member guaranty associations. The objectives of the Corporation include, but are not limited to: (1) Providing management and claims supervisory services to insurance guaranty funds or associations created by statute; (2) Assisting guaranty associations in the discharge of their statutory responsibility to handle promptly and efficiently covered claims against insolvent insurers; (3) Furnishing related or compatible services to insurers and insurer organizations; and (4) Doing any and all things appropriate to accomplish the foregoing purposes.

National
Direct Service Delivery
Community & Economic Development
Free Market/Pro-Business

Annual Revenue

$7,535,338

Known Funders

0

Grants Received

0

Financial History

YearRevenueExpensesAssets
2024$7,535,338$8,488,351$8,107,923
2023$7,619,305$6,760,174$6,405,507
2022$6,776,547$4,636,330$6,773,417
2021$6,554,035$5,104,158$2,796,356

Top Funders

No funder data available yet for this nonprofit.

Key Personnel

From 2024 IRS 990 filing

E

Earl Cottam

Director

W

William Cahill

Director

H

Harris E Berenson

Director

D

Donald Baldini

Director

L

Lincoln Merrill Jr

Director

L

L Noel Patterson Jr

Director

B

Barbara Law

President & CEO

Officer
J

Jeffrey Scott

Vice President Claims

Officer
L

Linda Angelone

Senior Vice President HR and Compliance

Officer
D

Dimitar Kotzev

Vice President IT

Officer

Showing 10 of 19 key personnel.

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