Michael P. McNamee has been named vice president of business planning and analysis for Harleysville Insurance. In this position, he is responsible for the development of the company’s annual business plan, financial modeling and forecasting of results, and monitoring the financial performance of Harleysville’s regional profit centers and corporatewide functional areas.
Before joining Harleysville, McNamee was vice president of financial analysis with XL Capital in Exton, Pa. He also has held finance leadership positions at CIGNA, Kemper and Reliance. McNamee has more than 25 years of experience in the property/casualty insurance industry in functions such as actuarial, claims, product pricing, collections and financial analysis.
Harleysville Insurance is a regional provider of insurance products and services for small and mid-sized businesses, as well as for individuals, and ranks among the top 60 U.S. property/casualty insurance groups based on net written premiums. Harleysville Mutual Insurance Company owns 56 percent of Harleysville Group Inc. (NASDAQ: HGIC), a publicly traded holding company for nine regional property/casualty insurance companies collectively rated A- (Excellent) by A.M. Best Company. Harleysville currently operates in 32 eastern and midwestern states.
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