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The PMA Insurance Group Promotes Jeff Packard to Assistant
Vice President, Specialty Markets
BLUE BELL, PA – January 18, 2008 – The PMA Insurance
Group is pleased to announce that Jeff Packard has been
promoted to Assistant Vice President, Specialty Markets. Mr.
Packard will assist in leading PMA Specialty Markets, PMA's
business unit that focuses on writing captives and
groups/programs business. Specialty Markets provides coverage
in captive and group/programs business arrangements for
workers' compensation, general liability, commercial auto
liability and property lines of insurance.
Mr. Packard, who joined PMA in 2005, was previously a manager
in the PMA Captive Unit. He has over 27 years of expertise in
the insurance industry, with an emphasis in the marketing and
sales of alternative risk transfer products coupled with an
experience in the underwriting arena. Since 1990, Mr. Packard
has worked in the alternative market area, including spending
13 years at Commonwealth Risk Services, a subsidiary of Mutual
Risk Management, a Bermuda-based company that specialized in
providing for Fortune 500 companies, captives and
rent-a-captive solutions for their insurance needs.
"Jeff has tremendous expertise in alternative risk transfer
products, and a proven track record of success in achieving
profitable growth in PMA's Captive business," said Raymond J.
Rocchio, Jr., Vice President, Specialty Markets, The PMA
Insurance Group. "As PMA continues to increase its focus on
the Captives and Groups/Programs area, we are very pleased
that Jeff, a well regarded industry expert, is assuming an
even more significant role in advancing PMA Specialty Markets'
presence and growing its book of business."
Mr. Packard has a B.A. in Mathematics from Rutgers University,
New Brunswick, New Jersey. His professional background
includes teaching underwriting and finance classes for
insurance professionals, as well as teaching at community
colleges with Risk Management curriculums. Mr. Packard is also
a public speaker on alternative market topics in the insurance
industry.
The PMA Insurance Group
The PMA Insurance Group, a multi-lines property & casualty
insurer, specializes in workers' compensation insurance.
Founded in 1915, PMA is known for service excellence and high
levels of customer satisfaction. In addition to workers'
compensation, PMA offers commercial automobile, commercial
multi-peril, general liability and umbrella insurance.
Based in Blue Bell, Pennsylvania, The PMA Insurance Group's
companies are the insurance operating subsidiaries of PMA
Capital Corporation (NASDAQ: PMACA) that focus on insurance
risk and insurance service products. PMA Capital Corporation's
other operating subsidiaries include fee-based insurance
services providers, PMA Management Corp. and Midlands
Management Corporation.
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