Maine-Based MEMIC Promotes Abboud and Fongemie

December 8, 2016

The MEMIC Group, a Portland, Maine, headquartered workers’ compensation specialist, has promoted Chris Abboud to senior underwriter and has also promoted Eileen Moran Fongemie to vice president of finance and assistant treasurer.

Abboud began his career in the insurance industry as an intern at MEMIC in 2010 while studying at the University of Southern Maine. In 2011, he became an account analyst at MEMIC. He was promoted to Associate Underwriter in 2013, Underwriter I in 2014 and Underwriter II in 2015.

Abboud has earned his Chartered Property Casualty Underwriter (CPCU) and Certified Risk Manager (CRM) designations. He is currently pursuing a designation as a Certified Insurance Counselor (CIC).

In her new role, Fongemie will be responsible for planning, direction and management of the company’s financial information under the direction of chief operating officer Daniel McGarvey.

Fongemie joined MEMIC in 2007 as a senior accountant and was promoted to financial reporting manager in 2010 and director of finance in 2014. Prior to MEMIC, Eileen was a senior financial analyst for MaineGeneral Health and spent five years in public accounting with BerryDunn.

Fongemie is a Certified Public Accountant (CPA) and has earned her Chartered Property Casualty Underwriter (CPCU) and Workers’ Compensation Professional (WCP) designation.

Fongemie currently serves on the board of directors for the Connecticut Insurance Guaranty Association, the Massachusetts Insurers Insolvency Fund and the audit committees for Guarantee Fund Management Services (GFMS), the New Hampshire Insurance Guarantee Fund and the Vermont Insurance Guarantee Fund.

Source: The MEMIC Group

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