King of Prussia, Penn. – McGriff has promoted Michael Welz as senior vice president and national practice leader for its Senior Living practice. Welz joined McGriff in March, 2022 and has focused on working closely with the McGriff team to support existing clients while growing and developing new client relationships. Prior to joining McGriff, he supported clients across the senior living industry within a national competitor’s healthcare practice.
McGriff’s Senior Living practice comprises 45 dedicated professionals who exclusively focus on supporting McGriff’s long term care and aging services clients and specialize in understanding the complexities and unique needs of their business. This move is the latest in a series of strategic investments made by McGriff into specialty resources and team members to expand the firm’s scope of client services.
“Senior Living is a major area of focus for McGriff,” said Patrick Maguire, National Director, Specialty Practices for McGriff. “Senior Living clients require a high level of service and problem solving from subject matter experts as they navigate risks in this growing industry. Our new Senior Living vertical galvanizes our capabilities and resources to continue to expand on a national level, providing unencumbered access to risk management resources to our Senior Living clients. We’re looking forward to Michael’s leadership in this exciting field.”
Welz earned a bachelor’s in business administration from LaSalle University. He can be reached at michael.welz@mcgriff.com or 610-331-7326.
A subsidiary of Truist Insurance Holdings, Inc. McGriff Insurance Services, LLC is a full-service insurance broker providing risk management and insurance solutions to clients across the United States. The firm’s coverages include commercial property and casualty, corporate bonding and surety services, cyber, management liability, captives, and alternative risk transfer programs, small business, employee benefits, title insurance, personal lines, and life and health. For more information, please visit www.mcgriff.com.
Truist Insurance Holdings, Inc. (opens in a new tab), the sixth-largest insurance broker in the U.S. and seventh-largest in the world, is a subsidiary of Truist Financial Corporation (NYSE: TFC). Headquartered in Charlotte, NC, Truist Insurance Holdings operates more than 250 offices through its subsidiaries: McGriff Insurance Services, LLC; CRC Insurance Services, LLC.; Crump Life Insurance Services, LLC.; AmRisc, LLC; and its Insurance Services companies (AFCO Credit Corporation, CAFO Inc., and Kensington Vanguard Land Services, LLC). To learn more, visit www.truistinsurance.com.
