BERWYN, Pa.–(BUSINESS THREAD)–Positive Physicians Holdings, Inc. (the “Company”) (OTCQX: PPHI), the holding company for Positive Physicians Insurance Company and Positive Professionals Management LLC, today announced the promotion of Mr. Brian J. Durkin in the role of Chief Financial Officer (CFO). Mr. Durkin will also continue to serve as treasurer. Mark J. Keyser had been serving as the company’s interim chief financial officer and is expected to remain with the company in a consulting role. This appointment was approved by the Company’s Board of Directors on August 15, 2022.
Michael G. Roque, President and CEO of the company, commented: “I am delighted to announce the promotion of Mr. Durkin as our next CFO. I am confident that Brian has the strategic vision and depth of industry experience to lead our finance organization. It is important to have the best talent to help us execute our strategic initiatives for 2022 and beyond, including achieving significant growth and changing the landscape of the MPL industry by creating new ways of doing business. I am excited to have Brian join our executive team to help us continue to build on the company’s momentum in the MPL industry.”
Mr. Durkin has over 16 years of experience in the property and casualty insurance industry. He most recently served as the company’s senior vice president and treasurer. Prior to joining the company as controller in December 2020, he held various roles during his eight-year tenure at Chubb, including his most recent assignment as assistant vice president of financial reporting. Mr. Durkin is a certified public accountant and holds a bachelor of science degree in accounting and finance from Syracuse University.
About Positive Physicians Holdings, Inc.
The Company is the holding company for Positive Physicians Insurance Company (“PPIC”), a Pennsylvania-domiciled insurance company, and Positive Professionals Management LLC (“PPM”), a Pennsylvania limited liability company. PPIC underwrites medical professional liability coverage for physicians, their corporations, medical groups, clinics and allied health care providers. Medical professional liability insurance protects doctors and other health care providers against liability arising from the provision or failure to provide professional medical services. We offer claims coverage, incident-based policies, as well as queue coverage in Pennsylvania, New Jersey, Ohio, Delaware, Maryland, South Carolina, Michigan, Florida, Texas and Georgia. PPM provides administrative and management services to PPIC. For more information, visit www.positivephysicians.com.