Republic Companies Group, Inc. Announces the Addition of Frank Vaccaro as Vice President of Information Services
2006年4月25日 - 12:00AM
PRニュース・ワイアー (英語)
DALLAS, April 24 /PRNewswire-FirstCall/ -- Republic Companies
Group, Inc. (NASDAQ:RUTX) ("Republic") announced today that Frank
Vaccaro has joined the organization as Vice President of
Information Services. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050801/REPUBLICLOGO ) Vaccaro
most recently served as Assistant Vice President -- Business
Segment Partner of the financial departments of CNA Insurance in
Chicago, IL. At CNA, Vaccaro led the technology strategy and
decisions for the enterprise billing and collections function and
had technology oversight responsibility for finance/accounting,
reinsurance, investments and actuarial business units. Before
joining CNA, Vaccaro spent 8 years with Kemper Insurance and held
the position of Vice President and Chief Information Officer. He
started his career at First National Bank of Chicago and
subsequently held positions at Telaction Inc., Kraft Foodservice
and Alliance Systems Inc. Vaccaro earned his Bachelors of General
Studies with an emphasis in Computer Science from Roosevelt
University in Chicago, IL. Vaccaro will report to Parker Rush,
Republic's President and CEO. Mr. Rush stated, "Frank Vaccaro has
an outstanding track record of addressing an insurance
organization's technology costs while delivering state of the art
products and services. As Vice President of Information Services,
Frank will lead our technology efforts to run our business more
efficiently and effectively. Our ability to leverage technology to
better serve our customers at reduced marginal costs is a key
factor of our long-term success." About Republic Republic Companies
Group, Inc. through a group of insurance companies and related
entities provides personal and commercial property and casualty
insurance products to individuals and small to medium-size
businesses primarily in Texas, Louisiana, Oklahoma and New Mexico.
This focus on a large, rapidly growing region allows Republic to
participate in profitable underserved niche opportunities. We have
written insurance in Texas consistently throughout our entire
102-year history and have developed deep market knowledge and a
loyal network of independent agents and managing general agents who
provide us with access to what we believe are among the most
profitable clients and market segments. We are rated A- (Excellent)
by A.M. Best Company, Inc. with a stable outlook. We completed our
Initial Public Offering in early August 2005.
http://www.newscom.com/cgi-bin/prnh/20050801/REPUBLICLOGO
http://photoarchive.ap.org/ DATASOURCE: Republic Companies Group,
Inc. CONTACT: Michael E. Ditto, Esq., Vice President, General
Counsel and Secretary of Republic Companies Group, Inc.,
+1-972-788-6000 Web site: http://www.republicgroup.com/
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