New Jersey’s NJM Insurance Group Names Malone as CFO

NJM Insurance Group, a property and casualty insurer in the Mid-Atlantic region, has named Chris Malone as chief financial officer.

Malone joins NJM with more than twenty-five years of financial and leadership expertise. In this role, he will oversee the company’s Financial and Actuarial departments.

Malone most recently served as the vice president and lead financial officer for Ameriprise Auto & Home Insurance in DePere, Wisc., where he led the company’s financial operations as well as data analytics, workforce planning, vendor management and quality assurance.

He has also held various leadership positions at Plymouth Rock Assurance Company, Travelers Companies and The Hartford, where his experience spanned finance, product management, field operations and marketing.

In addition to his responsibilities as CFO, Malone will be a member of NJM’s executive leadership team, reporting directly to NJM President and CEO Mitch Livingston.

Founded in 1913, NJM provides workers’ compensation insurance, personal auto, renters and umbrella coverage in both New Jersey and Pennsylvania. It is headquartered in West Trenton, N.J., with locations in Hammonton and Parsippany, N.J.

Source: NJM Insurance Group