The PMA Insurance Group is pleased to announce that Jeff Packard has been promoted to Assistant Vice President, Specialty Markets. Mr. Packard will assist in leading PMA Specialty Markets, PMA�s business unit that focuses on writing captives and groups/programs business. Specialty Markets provides coverage in captive and group/programs business arrangements for workers� compensation, general liability, commercial auto liability and property lines of insurance. Mr. Packard, who joined PMA in 2005, was previously a manager in the PMA Captive Unit. He has over 27 years of expertise in the insurance industry, with an emphasis in the marketing and sales of alternative risk transfer products coupled with an experience in the underwriting arena. Since 1990, Mr. Packard has worked in the alternative market area, including spending 13 years at Commonwealth Risk Services, a subsidiary of Mutual Risk Management, a Bermuda-based company that specialized in providing for Fortune 500 companies, captives and rent-a-captive solutions for their insurance needs. �Jeff has tremendous expertise in alternative risk transfer products, and a proven track record of success in achieving profitable growth in PMA�s Captive business,� said Raymond J. Rocchio, Jr., Vice President, Specialty Markets, The PMA Insurance Group. �As PMA continues to increase its focus on the Captives and Groups/Programs area, we are very pleased that Jeff, a well regarded industry expert, is assuming an even more significant role in advancing PMA Specialty Markets� presence and growing its book of business.� Mr. Packard has a B.A. in Mathematics from Rutgers University, New Brunswick, New Jersey. His professional background includes teaching underwriting and finance classes for insurance professionals, as well as teaching at community colleges with Risk Management curriculums. Mr. Packard is also a public speaker on alternative market topics in the insurance industry. The PMA Insurance Group The PMA Insurance Group, a multi-lines property & casualty insurer, specializes in workers� compensation insurance. Founded in 1915, PMA is known for service excellence and high levels of customer satisfaction. In addition to workers� compensation, PMA offers commercial automobile, commercial multi-peril, general liability and umbrella insurance. Based in Blue Bell, Pennsylvania, The PMA Insurance Group�s companies are the insurance operating subsidiaries of PMA Capital Corporation (NASDAQ:PMACA) that focus on insurance risk and insurance service products. PMA Capital Corporation�s other operating subsidiaries include fee-based insurance services providers, PMA Management Corp. and Midlands Management Corporation. For more information, please visit our website at www.pmagroup.com Editor�s Note: Photo Available upon Request
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