MEMIC promotes McGarvey to Chief Operating Officer

Workers’ compensation specialist The MEMIC Group has announced the promotion of Daniel J. McGarvey to chief operating officer.

McGarvey joined MEMIC in 2009 as senior vice president of Finance and chief financial officer. In his new role, McGarvey will oversee MEMIC’s financial accounting operation including premium audit and premium billing as well as the group’s claims department.

McGarvey’s career in the insurance industry spans more than 20 years. Before joining The MEMIC Group, McGarvey worked for Associated Industries Insurance Services, Inc., a workers’ compensation insurer based in Florida, rising to executive vice president, chief financial officer and treasurer. In that role, he was responsible for all financial operations of the company. He also helped lead the company’s acquisition by AmTrust Financial Services, a multinational property and casualty insurer, based in New York.

McGarvey is a certified public accountant and is a member of the Chartered Property Casualty Underwriter Society.

Source: MEMIC