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Michael Gold
Chief Executive Officer and President
Michael Gold is a successful entrepreneur who, over his 30-year career, has created and built several companies into multi-million dollar businesses.
In 1976, he joined the Business Machines division of Litton Industries and became the company's top sales person in his first year, beating out 7,000 other sales reps. After completing Litton's management training program, he was promoted to Washington, D.C. branch manager and put in charge of government contracts.
In 1982, he co-founded Gold Office Products, a factory dealership representing Panasonic. It quickly became the fastest growing Panasonic dealership in the country, at one point delivering the single largest order for copiers in the company's history.
In 1985, he co-founded Input Solutions, a Xerox/Kurzweil dealership of intelligent scanning equipment and software which grew and prospered. In 1992, he sold his share in Input Solutions to his partners to become the sole owner of Gold Office Products.
Under Mr. Gold's management, Gold Office Products expanded taking on other dealerships including Canon typewriters, Sharp facsimiles, and the entire line of office products for Minolta and Toshiba.
In 2006, he became acutely interested in the homeowners insurance business after the premiums on his Florida home jumped more than 400% in just a couple of years. With the same intensity and passion from his previous business ventures, he studied the system and challenged business models that focused on runaway profits and sky-high premiums.
He recruited a team of highly seasoned, top-level industry professionals and investors who shared his frustration and interest in creating a reputable, well-funded, A-rated company that would provide secure coverage at reasonable prices.
People's Trust has a comprehensive and substantial reinsurance program. The program has been designed to protect People's Trust policyholder surplus in the event of a major catastrophe. People's Trust has placed catastrophe excess of loss reinsurance up to the 100 year modeled return period for its entire portfolio of insureds
