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AIG’s Branca Replaces Leonard as Chairman of ACORD Board

Staff Writer | November 12, 2015

ACORD announces that Sal Branca, senior vice president at AIG and current chair of ACORD's finance committee, will become the next chair of its board of directors.

Branca is senior vice president of the regulatory data reporting and premium audit divisions of AIG, where he is currently responsible for leading development efforts to optimize AIG's next generation workers' compensation predictive model as well as business sponsor for a global web-based technical pricing underwriting system. He is also a member of the AIG workers' compensation strategic management committee responsible for enabling compliance and operational efficiencies.

"Sal has been a strong advocate for ACORD and a passionate supporter of our mission for a long time. I know he'll bring his enthusiasm and expertise to his new position," says ACORD CEO Gregory Maciag.

Keith Savino, director of the National Professional Insurance Agents Association, will become ACORD's vice-chair. Savino is chief operating officer at Warwick Resource Group, a national insurance agency/brokerage with roots dating back to 1864. He is also the current chairman of NetVu, the user group for Vertafore.

Mark Esposito, senior vice president and CTO of The Hartford Financial Services Group, will become second vice-chair. He is responsible for setting the enterprise technology strategy for The Hartford and oversees enterprise architecture, data, service management, and infrastructure for The Hartford Financial Services Group.

As chair, Branca will replace John Leonard of MEMIC, who will remain on the board. All of the newly elected officers' terms will take effect in 2016 to coincide with the arrival of ACORD’s new CEO. In 2014, Maciag announced plans to retire in early 2016. His successor has not yet been named.

"On behalf of the entire board, I want to thank John Leonard for the tremendous job he’s done as chair, and will continue to do as immediate past chair," says Maciag.

In addition, the ACORD board of directors announced the formation of a new strategy committee focused on insurance business and technology initiatives, to be chaired by board member J. Spero Zacharias, senior vice president at Chubb & Son.

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