Jay M. Sheehan Joins Preferred Concepts to Lead Professional Liability Unit - Insurance News | InsuranceNewsNet

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February 21, 2012 Newswires
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Jay M. Sheehan Joins Preferred Concepts to Lead Professional Liability Unit

Business Wire, Inc.

NEW YORK--(BUSINESS WIRE)-- Preferred Concepts, LLC (www.preferredconcepts.com), a leading national program administrator and specialty insurance broker, announces the addition of Jay M. Sheehan who will serve as Senior Vice President of Preferred Advantage, the firms’ specialty brokerage division.

Sheehan will be based in Preferred’s Hartford, CT office where he will direct national professional liability operations for the firm. He reports directly to Christopher M. Treanor, President of Preferred Concepts.

“Jay is a terrific addition to the Preferred team,” said Treanor. “He gives our clients the best of both worlds: the product expertise of an attorney and the industry sensibilities of a broker.”

Sheehan has over fourteen years’ experience in the insurance industry and has held senior brokerage positions in various firms, including Marsh & McLennan, S.H. Smith, and most recently R-T Specialty, where he spearheaded the Transactional Risk Practice Group and served as a senior broker in the Executive Liability practice. Jay holds Bachelor of Arts degree in History from Providence College and is an admitted member of the Massachusetts Bar.

Preferred’s CEO, Stuart A. Farber remarked, “Jay’s well-honed skill set makes him a valuable asset. Adding talent and experts like Jay is a part of Preferred’s growth strategy as we continue our business expansion initiatives.”

Preferred Advantage offers professional liability solutions for professional liability risks of all sizes and property & casualty solutions for small business risks. Advantage is a division of Preferred Concepts which offers a variety of solutions through its divisions which include Preferred Underwriting, Preferred Brokerage, Preferred Advantage, and SeaFire Insurance Services. For more information please visit www.preferredconcepts.com.

About Preferred Concepts

Preferred Concepts is a leading insurance program administrator and wholesale broker. Preferred’s divisions include Preferred Underwriting, which houses its program business offerings; Preferred Brokerage, which provides wholesale brokerage services; Preferred Advantage, which provides professional liability solutions for all risks and property & casualty solutions for small business risks; ezumbrella.com, an online umbrella liability platform; and SeaFire Insurance Services, which provides property & casualty solutions through a limited appointment model. The company has offices in New York, Atlanta, Hartford,CT, Westport, CT and Overland Park, Kansas. To learn more, visit www.preferredconcepts.com.

Kitchen Public RelationsBrian Hyland, 212-687-8999
[email protected]

Source: Preferred Concepts, LLC

Copyright:  Copyright Business Wire 2012
Wordcount:  363

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