ProCentury Corp.’s COO On Way Out

Columbus, Ohio-based excess and surplus lines insurer ProCentury Corp. announced that its chief operating officer, John Marazza, will be leaving the company and resigning from its board “to pursue a variety of business and personal interests.”

Marazza will serve as a consultant to ProCentury through April 2005 to ensure a smooth transition, the company said in a statement.

Marazza has been with ProCentury and since 2000 and played a key role as an investor and executive in the creation of ProCentury, the acquisition of Century Insurance Group from Century Business Services Inc. in 2000 and in ProCentury’s IPO in April 2004.