IN­SURANCE

Modern Healthcare - - NEWS MAKER -

Joseph Murphy, 39, will join Coverys, a Bos­ton-based provider of med­i­cal pro­fes­sional li­a­bil­ity in­surance, as COO on Jan. 5, step­ping down from his cur­rent role as Mas­sachusetts in­surance com­mis­sioner. He re­places re­tir­ing COO Jack Done­hue, who will re­main at the company in a short-term ad­vi­sory role.

Murphy comes to Coverys after spend­ing most of his ca­reer in Mas­sachusetts state gov­ern­ment. He has served as in­surance com­mis­sioner for the past five years and was first deputy com­mis­sioner for the three years prior to that.

In ad­di­tion, he has served in sev­eral lead­er­ship roles at the Na­tional As­so­ci­a­tion of In­surance Com­mis­sion­ers, in­clud­ing chair of the Auto In­surance Study Group and trea­surer of the In­ter­state In­surance Prod­uct Reg­u­la­tion Com­mis­sion.

“Joe brings years of ex­pe­ri­ence in the in­surance field both at a state and na­tional level,” Gregg Han­son, Coverys’ CEO, said in a re­lease. “He has a tremen­dous track record at pro­mot­ing in­no­va­tion in the in­dus­try, such as his in­volve­ment with im­ple­men­ta­tion of health in­surance re­form and in­tro­duc­ing man­aged com­pe­ti­tion into the pri­vate pas­sen­ger au­to­mo­bile in­surance mar­ket.”

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