Business & Governmental Insurance Agency

Each account is managed by a dedicated Service Manager who is responsible for day-to-day management, statistical analysis, and modification of coverage to comply with new laws, mergers, acquisitions and other changes in your account status.

The Executive Staff

Richard J. Augustyn
President

Richard Augustyn began his insurance career in 1984, holding positions in sales, underwriting, claims and management. His insights have been sought by client and agent groups. Mr. Augustyn is a respected public speaker and is highly sought after by client and agent groups. He has also published numerous articles on issues ranging from New Jersey's Workers' Compensation market to specialized program management.

Steven A. Edwards
Executive Vice President

Steve Edwards is the co-founder of Business & Governmental Insurance Agency (BGIA), which was founded in 1993. Prior to joining BGIA, Mr. Edwards held positions in the governmental sector, serving on various government boards and commissions. He was Finance Chairman of the Union Township Board of Education, Vice Chairman of the Union County Planning Board, Governor's Liaison and a Board of Trustee to the Public Employees Retirement System, and a member of the Union County Improvement Authority. He is currently active in various civic and charitable causes.

Terence M. Dermody, CPCU, CIC
Vice President

Terry Dermody began his insurance career in 1969. He joined BGIA in 1996 and is currently Vice President overseeing the operations in Property & Casualty and Risk Management services. He spent 14 years with Aon Group, formerly Rollins, Burdick & Hunter Co. of NY, as Vice President of the Commercial Insurance Division specializing in Property & Casualty insurance and Risk Management services for corporate and public sector clients. Mr. Dermody holds the Chartered Property & Casualty Underwriting (CPCU) and Certified Insurance Counselor (CIC) professional designations and is a graduate of St. Bonaventure University with a BA in Political Science.

Stuart Migdon, CPA, CLU
Director of Employee Benefits

Stuart Migdon began his career in public accounting. He obtained a Certified Public Accountant designation and entered the financial services industry in 1984, advising clients on insurance and financial matters. For the last ten years, Mr. Migdon has specialized in health insurance and other related areas affecting both employers and employees. He joined BGIA in 1993 as the Director of Employee Benefits. Mr. Migdon graduated from Dowling College with a BA in Accounting.

Mark Sullivan, CPCU, ARM
Vice President

Mr. Sullivan is a graduate of The College of Insurance and has an extensive background in insurance underwriting, marketing and account management. He has significant experience in the areas of large accounts, large deductibles, SIRs, loss sensitive/cash flow program analysis and self-insurance program management. Mr. Sullivan was previously with the Allied Group of Companies where he was responsible for large accounts with premiums of up to $2,000,000.

George J. Klinger, ARM
Director of Loss Prevention

George Klinger began his insurance career with the Aetna Insurance Company in 1968. His experience encompasses fire protection, construction safety product and professional liability, and Public Entity loss control strategy. He joined BGIA in 1996 and currently manages the loss control operations. Mr. Klinger has an Associate in Risk Management (ARM) designation, AFP in Fire Protection Technology, AFS in Fleet Safety Management, OSHA Certification and is a certified New Jersey Fire Official. Mr. Klinger earned his BS in Engineering from Fairleigh Dickinson University.