Self-driving cars, AI and extreme weather events: Tom Troy reflects on the changing insurance industry

Tom Troy, the new CEO of The Mutual Group, said he’s done “pretty much every job in the insurance” industry.

GuideOne leader Tim Fleming was initially named CEO of the Mutual Group in 2023.

As of Sept. 8, The Mutual Group had 440 employees and close to $840 million in premiums, Troy said.

“And an important metric in the insurance business is the amount of policyholder surplus that you have.

The insurance business is changing every day, just as the rest of the world is changing.