COLUMBUS, Ohio, Dec. 20, 2007 (PRIME NEWSWIRE) -- ProCentury Corporation (Nasdaq:PROS), a specialty property and casualty insurance holding company, is pleased to announce that James P. Flood has been elected Senior Vice President of Operations for the Century Insurance Group, which includes Century Surety Company and ProCentury Insurance Company. Mr. Flood joined the company in 2003 and most recently served as Senior Vice President of Claims.
Mr. Flood brings over 30 years of insurance and legal experience to his new position. Prior to joining Century, Flood worked as a management consultant and was the Chief Claims Officer at CNA and Continental Insurance. Throughout his career, Mr. Flood has been involved in strategic planning, cultural and operational change and implementing management best practices. In his new role, Mr. Flood will be responsible for IT services, actuarial, legal, enterprise risk management and business continuity and regulatory affairs.
Edward Feighan, CEO of Century, said, "Jim is an exceptional leader. We have had the benefit of his talents in our Claim department for several years, and we look forward to the contributions that we expect Jim will make more broadly across the organization." Mr. Flood received his J.D. from Capital University School of Law and holds a B.A. from The Ohio State University.
About ProCentury Corporation
ProCentury Corporation (Nasdaq:PROS) is a specialty property and casualty insurance holding company. Its primary subsidiary, Century Surety Company, underwrites property and casualty insurance for small- and mid-sized businesses. Century Surety Company primarily writes excess and surplus lines insurance and markets its products through a select network of general agents.