Pennsylvania-based PMA Cos. announced plans to expand its regional hub in Connecticut, a move the insurance services and risk management firm says will help grow its presence in Connecticut, Massachusetts, Rhode Island and Vermont.
The expanded New England footprint will allow PMA to focus on growing third party administration accounts and P/C-related businesses, the company said. The New England expansion began in 2008 when PMA purchased Webster Risk Services, a regional TPA provider based in Meriden.
The Meriden office offers in-house underwriting, claims and risk control services, and has 48 staff members. The company said it expects to add staff as new business increases.
“We look forward to sharing our risk management expertise with the leading institutions, companies and public entities throughout the New England states,” said John Santulli, executive vice president of PMA Cos.
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Source: PMA
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