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January 23, 2017

Massachusetts Gov. Charlie Baker has appointed Todd R. Johnson, senior vice president and property-casualty practice leader of the USI Insurance Services’ (USI) Massachusetts offices located in Woburn, Needham and West Springfield, Mass., to a two-year term as chairman of the Massachusetts Workers’ Compensation Advisory Council (WCAC).

As chairman, Johnson is responsible for running the monthly council meetings and helping to establish its agenda.

Johnson has more than 25 years of experience in the workers’ compensation industry. He has been with USI for more than six years and has been a member of the Massachusetts WCAC for more than four years, holding the council’s insurance and self-insurer representative positions.

As senior vice president and property-casualty leader for the USI Massachusetts offices, Johnson is responsible for driving revenue growth for a wide range of industries throughout the Commonwealth.

In addition, he serves as an elected municipal selectman for the town of Tewksbury, Mass., overseeing a municipal budget of approximately $110 million dollars.

The Massachusetts WCAC, which consists of 10 voting and six non-voting members, was established during a series of workers’ compensation reforms that were signed into law in 1985.

Integro Insurance Brokers, a New York headquartered international broker and risk management firm, has appointed Deborah Morris as its New York operations leader.

She succeeds Esther Ro, who is relocating to the West Coast and will be based in Integro’s Newport Beach, Calif., office.

Morris comes to Integro from AIG, which she joined as a financial institutions manager in 1996.

She has held a succession of increasingly senior positions in London, Hong Kong and the U.S.

Most recently, she served as senior vice president in New York, managing a diversified portfolio while sponsoring several of AIG’s strategic global accounts.

AXON Underwriting Services LLC, a program administrator and service provider based in Somerville, N.J., has hired David McMillan as an underwriting manager.

He joins the firm in order to further develop its growing portfolio of environmental insurance products in the areas of pollution legal liability, contractors pollution liability and contractors pollution professional.

His responsibilities include managing underwriting activities for business produced under AXON’s multiple program administration agreements and overall compliance of the MGU.

McMillan holds more than 18 years of environmental underwriting and consulting experience, having held positions at Markel Corp., James River Insurance Co. and Joyce Engineering.

Spending the last seven years at Markel Corp., he managed the Southeast region and was instrumental in product and underwriter development while increasing overall profitability of the environmental book.

PSA Insurance & Financial Services (PSA), a Baltimore, Md., headquartered independent firm specializing in risk management, personal insurance and employee benefits, has expanded its cyber risk management expertise by establishing a dedicated specialty practice to be led by cybersecurity expert Mike Volk.

In this role, Volk will oversee the specialty practice, which focuses on cyber education and mitigation.

He is responsible for helping PSA clients develop risk strategies to bolster cyber resiliency and protect against organizational cyber risk.

He will work to bring a unique view of cyber risk to PSA’s clients by drawing from his background as an instructional specialist in cyber and technology training and as a cybersecurity navigator for the Baltimore City Mayor’s Office of Employment Development.

The establishment of a dedicated cyber insurance specialty practice and addition of cyber specialist Volk is in direct response to the increasing number of cyber attacks happening around the world, said Craig English, senior vice president of PSA’s Property & Casualty practice, in a company press release.

This move follows changes seen taking place within the insurance industry, such as new ISO regulations that mean cyber-related risks are no longer covered under general liability, personal injury policies and property policies.

PSA’s proprietary cyber risk management process focuses on assessing cyber exposures, reviewing clients’ insurance policies to identify coverage gaps, examining strategies for controlling, responding and recovering from incidents and identifying goals that align with client objectives.

Topics Cyber New York Workers' Compensation Massachusetts Pollution Property Casualty Risk Management

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Insurance Journal Magazine January 23, 2017
January 23, 2017
Insurance Journal Magazine

Excess, Surplus & Specialty Markets Directory, Volume I