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Mark Stergio Named CEO of Risk Sciences Group

Mark Stergio named CEO of Risk Sciences Group; longtime insurance tech exec will lead strategy focused on helping clients control the costs of risk.

Longtime insurance technology executive Mark Stergio has been named CEO and senior vice president of risk management information systems (RMIS) provider Risk Sciences Group (RSG, Atlanta). He will be responsible for continuing the development of a long-term strategy for RSG that focuses on innovative technology, effective analytics and easy-to-use applications that help clients control their overall cost of risk, according to the company.

[Learn more about some of the key technologies involved in catastrophe response.]

Stergio has served for the past five years as chief information officer for Broadspire, a third-party administrator of workers' compensation claims, liability claims and medical management services. "Mark and his group have accomplished a number of key technology initiatives, most notably the implementation of a new claims system, during his tenure at Broadspire," said Danielle Lisenbey, CEO of Broadspire, in a press release. Stergio reports to Lisenbey and continues as a member of her senior leadership team. Broadspire and RSG are both business units of Crawford & Company, an independent provider of claims management solutions.

Previously, Stergio served in a variety of roles in information and business technology for units of the Hartford Financial Services Group, including leadership of the Hartford's RMIS unit, for which he was responsible for financial results and product development. He also held the position of CIO of claims and spent 10 years in actuarial research at the Hartford, with responsibility for premium and dividend reserving as well as national account profitability analysis.

Before coming to Broadspire in 2007, Stergio was VP of the Hanover Technology group, where he managed technology development for the Hanover Insurance Group.

Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & Technology in 1991. In addition to ... View Full Bio

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