On January 20, 2009, NORCAL, one of Presidio’s top Medical Malpractice carriers, announced the integration of management operations with PMSLIC, a subsidiary acquired by NORCAL in 2002. While some of the executive staff of Pennsylvania-based PMSLIC, will be added to NORCAL’s executive offices, James Sunseri continues as President and CEO of NORCAL and CEO of PMSLIC. The integration is intended to provide better delivery of insurance, claims and risk management services to all policyholders of the NORCAL Group.
Mr. Sunseri’s executive leadership team continues with Katherine Crocker, EVP & Chief Legal Officer for both companies. Scott Diener, CPCU (who was formerly President and COO of PMSLIC), comes over as EVP & Chief Operating Officer of both NORCAL and PMSLIC. Scott Diener’s staff includes Lucy Sam, Director of Underwriting, Neil Simons, Director of Operations, Steve Farber, Vice President of Risk Management/CME, Paul Gabel, Vice President of Claims and Molly L. Farrell, Vice President of Sales & Marketing. They all now report directly to Scott Diener. Michael Pautler continues as EVP & Chief Financial Officer of both NORCAL and PMSLIC.
Moving onto NORCAL’s board are Jaan E. Sidorov, MD, former chairman of the PMSLIC board, who will now become president of PMSLIC, and M. Diane Koken, current PMSLIC director and a former Pennsylvania Commissioner of Insurance. Dr. Sidorov will chair the newly formed PMSLIC Physician Panel, which includes former PMSLIC directors David A. Csikos, MD, FACP, Leo M. Hartz, MD, and Mark S. Reuben, MD.
Molly L. Farrell, Vice President of Sales & Marketing for NORCAL, informs us Dan Corrado has left NORCAL effective Monday, February 9th, 2009. We appreciate his dedication and accomplishments during the 7 years he worked in NORCAL’s Underwriting, Operations, Sales and Marketing services, and wish him all the best in his future endeavors.
The NORCAL Group collectively provides medical professional liability insurance and continuing medical education to more than 17,000 physicians, healthcare providers, medical groups and hospitals in California, Pennsylvania, Rhode Island, Delaware and Alaska. The two companies will continue to service their clients directly, each within its traditional regions.
It makes good sense that these two companies would integrate executive offices, as they’ve been running parallel functions since the acquisition of PMSLIC in 2002. Of course, there will be reduced expenses, and greater efficiency. Moreover, the synergy found in combining these impressive talents under one roof is expected to bring the NORCAL Group to even higher standards and allow the Group greater ability to serve their policyholders.