NORCAL Mutual Insurance Company, the ninth largest medical professional liability insurance provider in the nation, recently announced the appointment of three executive officers and the realignment of key business operations as part of its ongoing strategic national expansion efforts. Tim Friers has been named Chief Operating Officer, and Ron Rumin has been appointed as Chief Business Development Officer. In addition, the company welcomes Kara Ricci as the new Chief Legal Officer.
Tim Friers served as Senior Vice President and Chief Underwriting Officer since 2012 and will now take on an expanded role to align NORCAL’s key business operations of claims, underwriting, customer service and risk management. He joined the NORCAL Group in 1999 as the Director of Underwriting for PMSLIC. His leadership and expertise in underwriting coupled with his years of actuarial experience has played an integral role in NORCAL’s national expansion.
Ron Rumin has served as Senior Vice President, Strategic Development since 2013. In addition to the Sales and Marketing & Communications functions, Rumin will also have responsibility for the company’s Product Development function, allowing NORCAL to better respond to the changing needs of the healthcare market. Rumin has more than 25 years of healthcare and medical liability industry experience, and his consistent record of delivering top results in growth by revenue, premium, and profitability will be leveraged in this new role.
Kara Ricci also joins NORCAL Mutual as the new Chief Legal Officer and Corporate Secretary. Ricci has more than 14 years of experience in the insurance industry, most recently as Associate General Counsel and Chief Compliance Officer at the Climate Corporation, an agribusiness insurance company. Ricci will plan and direct all aspects of the NORCAL Group’s compliance and legal affairs at the state and board levels.
“NORCAL Mutual has made great strides on our integration and has achieved all major milestones on our path to becoming a top tier national company that is large enough and flexible enough to serve the complex and varied needs of our policyholders,” Scott Diener, President and CEO of NORCAL Mutual Insurance Company said. “These appointments will help us further strengthen our operations and better leverage our talent across the organization.”
