December 13, 2017 by matray

CMIC Group announced today that its chief financial officer, Emmanuel (Manny) Zervos, will retire at the end of the year. He has served as CMIC’s CFO since 1989.

“Manny has served CMIC Group for decades with unstinting grace and professionalism, in addition to good cheer,” said John Hornby, MD, chairman and president of the CMIC Board of Directors. “Most notably, he has overseen CMIC’s geographical expansion, including the formation of the CMIC Risk Retention Group, and subsequently CMIC Group, with great distinction, likewise helping to amass the company’s present financial strength. His contributions will have a lasting impact on the company.”                                       

The CFO role will be assumed by Michael Conneely, the company’s current director of finance. Conneely has more than 25 years of business and accounting experience, including 17 years in the insurance industry. He spent the most recent 14 years in financial roles supporting several business lines at Travelers Insurance. Prior to that, he worked in a variety of financial roles in the insurance industry, including roles with a prominent reinsurer, as well as seven years with Deloitte & Touche.

“Mike’s extensive and varied experience in the financial industry is an immense asset to the company,” Hornby said. “In addition, I’m certain his leadership, vision and financial guidance will not only uphold CMIC Group’s already pristine reputation of financial diligence, but strengthen it for many years to come.”