SMP Consulting Group, a premium audit consulting firm based in Holbrook, New York, has appointed Edward Ragan as executive vice president of its aggregation/wholesale division, Specialty Markets Plus.
Ragan has 35 years of experience in the insurance and reinsurance marketplace. He brings to SMP Consulting Group expertise in program development with companies including American International Group, Investors (IIG), New Century Global and Clarendon/Praetorian.
At SMP Consulting Group, Ragan’s focus will be expanding the reach of SMP’s network of independent insurance agencies and enhancing the Specialty Markets Plus system of aggregation to new markets. He will work on program development, captives, and alternative risk services at Specialty Markets Plus.
SMP Consulting Group specializes in auditing workers’ compensation policies and recovering overpayments made by its clients. SMP’s Workers’ Compensation Audit Service works with businesses, municipalities and non-profit organizations.
Specialty Markets Plus, a subsidiary of SMP Consulting Group, offers insurance services for its national network of insurance agencies known as the “Working Partners” network.