Virginia-based specialty insurer Medmarc has promoted several executives as part of a corporate reorganization plan.
Chief Underwriting Officer Fran Stockwell will now be responsible for underwriting policy, product development and broker relationships for the life sciences business. Stockwell has been with Medmarc for 23 years.
John Ajello joins Medmarc as director of Life Sciences underwriting. He will oversee underwriting operations for the life sciences business. He has 18 years of underwriting experience.
Richard Butler, director of Specialty Programs, who heads up Medmarc’s lawyers’ professional liability business. Butler has been with Medmarc for nine years.
Karen Murphy takes over as senior vice president of Risk Services & Marketing. She has been at Medmarc for 15 years. Her marketing responsibilities will include a new Internet marketing function led by Phil Ahad, who joined Medmarc last month.
Thomas Konopka, formerly senior vice president of Business Development and Marketing, and Mark Steen, formerly vice president of Insurance Operations have left the company.
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