The International Insurance Society, Inc. (IIS, New York) has named Michael J. Morrissey president and CEO, to succeed Patrick W. Kenny, when the latter retires in June. Morrissey will be introduced officially at the IIS 45th annual seminar, June 7-10 at the Grand Hyatt Amman, Jordan, according to an IIS source.
"Mike's extensive experience in corporate financial management specializing in the insurance industry, combined with his global perspective, makes him uniquely poised to lead our organization during these extraordinary times," says Brian Duperreault, IIS chairman. "Under Pat's leadership the IIS has seen significant growth in terms of global reach and relevance, and I know that Mike's background and dedication to IIS will serve us well as we move forward."
Prior to joining the IIS, Morrissey was chairman and CEO, Firemark Investments. As a founder of Firemark, Morrissey was also the chief investment officer for the company and portfolio manager of the Firemark Tiger Fund. Morrissey has advised insurance company managers and served on several insurance company boards, as well as chairing the firm's fund boards. Mr. Morrissey currently is a member on the board of directors of Selective Insurance Group, Inc., and CGA Group, Ltd.
Before establishing Firemark, Morrissey was president of Manhattan Life Insurance Co. and senior vice president of Crum & Forster, and held investment banking positions with Dean Witter & Co. and Kidder Peabody & Co. He is a past president of the Association of Insurance and Financial Analysts. Morrissey is an active member in the IIS and has attended its annual seminars for over 15 years.
Mr. Morrissey holds a B.A. from Boston College, an M.B.A. from Dartmouth College and has completed the Harvard Business School's Corporate Finance Management Program.
Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio