FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; email@example.com
NEW YORK, March 27, 2018 — Laura L. Favinger has been named Chief Administrative Officer at the Insurance Information Institute (I.I.I.), a newly-created position. Favinger was previously Senior Vice President and Head of Government and Industry Affairs for Zurich North America.
“As the insurance industry continues to adapt and evolve to meet the needs of the marketplace, as we embark upon the fourth industrial revolution, the I.I.I. is increasingly focused on effectively promoting the societal value of insurance for consumers, government and commercial entities,” said Sean Kevelighan, the I.I.I.’s Chief Executive Officer (CEO). “Laura Favinger brings to our organization significant knowledge about the insurance industry in addition to a proven track record as an experienced manager and team leader.”
Favinger, who will be based in the I.I.I.’s Washington, D.C. office, began working this week at the I.I.I. She will report to Kevelighan and will oversee the Institute’s Industry Engagement and Strategy Department as well as its internal operational strategy.
“The Insurance Information Institute has an excellent reputation for providing timely and useful facts and figures, as well as insightful analysis, to the general public, policymakers and the industry itself,” Favinger stated. “We want to build on that foundation and make sure that information is reaching even broader audiences. I am proud to be joining the I.I.I. team.”
Since joining Zurich in 2007, Favinger served in several roles of increasing responsibility. She successfully directed issue management campaigns and implemented stakeholder engagement strategies for Zurich North America while also completing an international assignment at the global insurer’s Zurich, Switzerland, headquarters. Zurich Insurance Group, Zurich North America’s parent company, provides property/casualty and life insurance products and services to its customers in more than 210 countries.
Earlier in her career, Favinger held several public affairs-related positions at Unum Group in Portland, Maine, one of the nation’s leading writers of group and individual disability insurance. She has extensive experience managing external relationships with key insurance industry trade groups, such as the American Council of Life Insurers (ACLI), America’s Health Insurance Plans, (AHIP), and the American Insurance Association (AIA).
A graduate of the University of New Hampshire, Favinger resides in Alexandria, Virginia.
For more information, contact Michael Barry, the I.I.I.’s Head of Media and Public Affairs, at firstname.lastname@example.org; 917-923-8245.
THE I.I.I. IS A NONPROFIT, COMMUNICATIONS ORGANIZATION SUPPORTED BY THE INSURANCE INDUSTRY.
Insurance Information Institute, 110 William Street, New York, NY 10038; (212) 346-5500; www.iii.org