Venture Names Jim Shaffer Midwest, Central Regional Vice President

Venture Insurance Programs, based West Chester, Pa., announced that James M. Shaffer has been named regional vice president, Midwest and Central Regions.

According to the Venture written statement, Shaffer will be responsible for identifying new business opportunities and marketing Venture’s products and services to insurance agents and brokers in the Midwest and Central regions, which includes Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin. Most recently Shaffer held the position of vice president of Venture’s Technology and Life Science programs.

“Jim has helped grow the Preferred Club Program and Technology and Life Science Programs. His experience and broad industry knowledge make him the perfect candidate to expand our presence in these crucial regions of the country,” said Philip J. Harvey, Venture president.

Prior to joining Venture in 2000, Shaffer served as assistant vice president for Commonwealth Risk Services, a Philadelphia-based alternative market specialist, where he was responsible for the development, design and implementation of large corporate risk structures through off-shore captive facilities. His experience also includes a position as production underwriter for the Philadelphia Insurance Company’s Virginia and Washington, D.C. branches.

Venture Insurance Programs, (www.ventureprograms.com)an administrator that designs, underwrites and distributes industry-specific insurance packages, has underwriting alliances with the world’s leading carrier groups, including ACE Group, AmTrust, Chubb Group, Discover Re, The Hanover, The Hartford, OneBeacon, RSUI, USLI, Zurich North America and Lloyd’s of London.

Source: Venture Insurance Programs