Maine-Based WC Insurer MEMIC Group Hires 2 Senior Underwriters
The MEMIC Group, a workers’ compensation insurer headquartered in Portland, Maine, has appointed two senior underwriters: Mark Darragh for New Jersey and surrounding areas operations and Katrinka Casamassa for Pennsylvania operations.
Darragh has 22 years of property/casualty insurance experience, mostly in commercial lines. He most recently worked for Harleysville Insurance in Mt. Laurel, New Jersey, as a commercial lines territorial manager. He has held positions in underwriting and marketing.
Casamassa will play an integral role in the workers’ compensation insurer’s expansion into Pennsylvania. She will be responsible for developing new business and will be based in Conshohocken, Pennsylvania, in Montgomery County.
Casamassa comes to MEMIC from Travelers Insurance Company and has more than 20 years of experience in commercial lines of insurance. Her background includes considerable experience in growth and business retention, and she has held positions in underwriting and management. She holds a certification as a Chartered Property and Casualty Underwriter (CPCU) and has an Associate in Risk Management (ARM) certification.
Specializing in workers’ compensation insurance, The MEMIC Group includes Maine Employers’ Mutual Insurance Company (MEMIC), MEMIC Indemnity Company and MEMIC Casualty Company. The company insures nearly 20,000 employers across the northeast and has offices in New Hampshire, Vermont, Connecticut, New York and now Pennsylvania and New Jersey.
The MEMIC Group maintains a dominant market share in Maine and has executed a careful growth strategy across the Northeast in recent years. It is the fifth-largest underwriter of workers’ compensation business in New England and is among the fastest growing workers’ comp insurers in New York. In 2012, the company expanded in the mid-Atlantic with operations in New Jersey and Pennsylvania.