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NIP Programs Announces New Program Manager

(Woodbridge, NJ) May 25, 2007 — NIP Programs, a division of NIP Group, Inc., announced today that Siobhan Davey has joined the management team as a Program Manager.  NIP Programs is a leader in designing and administering specialty insurance programs tailored to the specific needs of highly-specialized industries.  NIP Programs recently announced the launch of GlassPro™, a specialty insurance program serving the Glass Industry, to join its successful flagship program, LandProŽ TreePro™, the leading specialty insurance program for Landscapers and Tree Service companies.

As Program Manager, Davey is responsible for the growth and profitability of individual insurance programs within NIP Programs and reports directly to the divisional President.

“We are extremely excited about adding Siobhan to our team,” said Dave Springer, President of NIP Programs. “Siobhan is a proven MGA specialist with the experience of several market cycles behind her.  She has a comprehensive understanding of the qualities inherent in the most successful program administrators.   Siobhan shares our passion for excellence and understands that underwriting discipline is an essential ingredient for long-term program success.  Adding a team member of Siobhan’s caliber is extremely important as we continue to grow our business.”

Davey has served in the insurance industry for nearly 20 years, the last 7 with Benfield, one of the world’s leading reinsurance and risk intermediaries.  As part of Benfield’s MGA Specialties team, Davey delivered customized solutions to program administrators, insurance carriers and reinsurers.  “She has a history of success in development and implementation that will serve her well in her new position with NIP Programs,” said Richard Augustyn, CEO of NIP Group, Inc.

Prior to her time with Benfield, Davey worked with Guy Carpenter and Willcox Inc.  She has broad experience across multiple lines of business, including Auto and General Liability, Environmental, Workers’ Compensation, and Professional Liability, including Medical Malpractice.  She has a B.A. from Rutgers University.

About NIP Programs

NIP Programs, a division of NIP Group, Inc., structures and manages business insurance programs underwritten by major insurers for specific industries which are underserved or overpriced by the general insurance market. NIP Programs uses its deep industry knowledge to develop unique underwriting, loss control and claims service models valued by both clients and insurers, and distributes its products through the American Independent Agent System nationally. 

NIP Group, Inc. is a specialized business insurance and risk management intermediary, ranked among the largest 100 in the United States and providing a wide range of brokerage, underwriting and risk management services to select market segments.  The NIP Group, Inc. traces its roots back to 1929.

 

 

 

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