Thomas McDonough

About Thomas McDonough

As a highly driven sales professional, I am passionate about developing new markets and products in the captive insurance arena. My aim is to add strategic advantage to the real estate, mortgage, and property management industries by transforming classic and novel insurance programs into reinsured programs that clients can own. My company offers a range of innovative products designed specifically for the real estate, mortgage, and property management industries. By incorporating these products into your existing processes, your company can deliver higher levels of customer service during the closing process for real estate and tenant onboarding for property management. My products for Real Estate and Mortgage include home warranty programs, job-loss protection, and ID Theft protection. These products can be sold or embedded into existing programs offered, and I also offer reinsured versions of them. In addition, I offer Property Management products such as tenant Legal Liability insurance, Security Deposit Insurance, and Renters (HO4) insurance. My Tenant Legal Liability program provides up to one hundred thousand dollars for named perils for the landlord and up to five or twenty thousand dollars for tenant contents. My Security Deposit program offers coverage up to the level of security deposit required for the unit, covering excess wear and tear and lost rent. The program has a risk/rates schedule to guarantee you are mitigating the risk levels on your units. I offer both programs as a monthly or annual payment cycle. My Renters (HO4) program conforms to all state regulations and offers standard coverage options and like coverage similar to regular carriers\' offerings. This program is also available on a monthly or yearly billing cycle. All of my programs are reinsured, which means that all reserve profits go back to the producer companies through a captive insurance company YRIG creates for you. This keeps the reserve profit in a tax-deferred environment. Property Management Companies can also use the reserve profit as a qualified investment to purchase real estate tax deferred as well. I invite you to reach out to me today to learn more about how you can leverage your existing business with the help of my innovative programs in a reinsured captive position of your own. Thank you for considering my products and services. I look forward to hearing from you soon.

Experience

1. Senior Vice President

   Your Renters Insurance Group Rrg

   Jan 2006 — Present

   Marketing America\'s premier producer owned reinsured home warranty, renters insurance (HO4) and involuntary unemployment insurance programs. Primarily marketing to real estate, mortgage and property managment industries. Global Home USA offers the strongest coverage and most profitable business model available today. Contact me to find out how you can benefit from Global Home USA with more income through the use of our reinsured programs.

Education

• New England College

  Bachlors Degree, Business Administration

  1986 — 1990