People news: Hudnall joins Preferred Mutual as senior VP of underwriting

NEW BERLIN, N.Y. — Preferred Mutual Insurance Company announced that Matthew (Matt) Hudnall has joined the company as senior vice president of underwriting.

Hudnall will be responsible for providing leadership and strategic vision to the underwriting unit, product-development initiatives, and agency partnership development.

He brings more than 20 years of underwriting-service experience, and operational and leadership knowledge with considerable time in commercial-lines underwriting, according to a Preferred Mutual news release.

Hudnall was most recently VP of small commercial new business underwriting at the Hanover Insurance Group, in addition to holding several leadership roles in underwriting services with several national insurance carriers.

“As Preferred Mutual continues to implement strategic initiatives to enhance our position in the marketplace, we will look to Matt to identify and implement best practices to make the underwriting processes … with our agency partnerships more efficient and effective,” Benedikt Sander, executive VP of insurance operations, said in the release. “Matt will also play a key role in providing long-term product solutions to our policyholders…”

Preferred Mutual Insurance, founded in 1896 and headquartered in New Berlin, says it provides property and casualty insurance coverage to more than 232,000 individual and business customers through a network of more than 500 independent agents throughout New York, New Jersey, Massachusetts, and New Hampshire.