PMA Companies Announces Expansion in New England
April 26 2010 - 9:10AM
Business Wire
PMA Companies, a provider of a broad range of workers’
compensation and related commercial insurance risk management
solutions, announced today that it is expanding its footprint in
New England with a focus on growing Third Party Administration
(TPA) accounts and property & casualty insurance business. The
announcement came at the RIMS 2010 Annual Conference &
Exhibition in Boston.
PMA’s New England operation will have Meriden, CT as its
regional hub and initially focus on Connecticut, Massachusetts,
Rhode Island and Vermont. PMA’s Meriden office, which offers
in-house underwriting, claims and risk control services, has 48
staff members and expects to add staff as new business
increases.
“We have the infrastructure in place, as well as the
experienced, knowledgeable local staff, to bring our unique brand
of PMA Companies insurance and risk management solutions to more
clients in the New England region,” said John Santulli, Executive
Vice President, PMA Companies. “We look forward to sharing our risk
management expertise with the leading institutions, companies and
public entities throughout the New England states, bringing even
greater ease of doing business and tangible results to their
workers’ compensation and related commercial risk management
programs.”
The New England expansion began in 2008 when PMA Capital
Corporation purchased PMA Management Corp. of New England (formerly
known as Webster Risk Services), a regional TPA provider based in
Meriden. Since then, PMA has established a full-service PMA Branch
Office, offering Third Party Administrator (TPA) and risk services
through PMA Management Corp. of New England, and property and
casualty insurance & services through PMA Insurance Group.
Leading the New England team are Alan Mathog, President of PMA
Management Corp. of New England, and Ed Scannell, Vice President
for PMA Insurance Group.
PMA Management Corp. of New England is a regional provider of
results-driven TPA and risk management solutions, working with
individual, captive and group self-insured clients, specializing in
the health care industry, public entities and educational
institutions.
PMA Insurance Group offers mid- and large-size employers
insurance and risk management solutions through independent agents
and brokers, including:
- An industry leading choice of
property & casualty insurance products
- Risk Management Services Program
for large accounts
- Alternative Risk Solutions for
individual employers, groups and captives.
PMA Insurance Group has a strong track record of success in
working with health care entities (hospitals, medical systems,
nursing homes), educational institutions (colleges/universities and
public school systems), manufacturers, wholesale/retail trade and
hospitality entities.
PMA Companies is at Booth 1449 at the RIMS 2010 Conference in
Boston.
About the PMA Companies
The PMA Companies (www.pmacompanies.com) provides risk
management solutions and services, including workers’ compensation
and other property & casualty insurance throughout the United
States. Headquartered in Blue Bell, PA, the PMA Companies are the
operating companies of PMA Capital Corporation (NASDAQ: PMACA), a
holding company, that includes the PMA Insurance Group,
specializing in workers’ compensation and other commercial property
& casualty insurance products; PMA Management Corp. and PMA
Management Corp. of New England, providing results-driven risk
management services and Midlands Management Corporation, a managing
general agent with a specialty in excess workers’ compensation,
program administration and fee-based TPA services.
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