Narragansett Bay Insurance Adds Chief Risk Officer Talerico

July 22, 2008

Narragansett Bay Insurance Co. in Pawtucket, Rhode Island, has added Mark Talerico as chief risk officer. Overseeing Narragansett Insurance’s distribution of risk in homeowners insurance, Talerico will guide the company’s exposure management.

Prior to joining Narragansett Bay, Talerico worked as senior vice president for Portfolio Management for Guy Carpenter, LLC, the reinsurance broker. Talerico’s experience includes five years as vice president of Enterprise Risk Management for Risk Management Solutions (RMS), a leading catastrophe simulation provider to the insurance industry.

In addition, he has served as senior vice president and chief financial officer for the California earthquake insurance provider, Pacific Select Property Insurance Co.

Narragansett Bay’s single focus in underwriting homeowner’s insurance, including coverage on the coast, in New England.

Source: Narragansett Bay Insurance Co.

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