News Releases

NJM Appoints Insurance Industry Veteran Chris Malone as Chief Financial Officer

March 21, 2019

WEST TRENTON, NJ — Following an extensive national search, NJM Insurance Group, a leading property and casualty insurer in the Mid-Atlantic region, has named Chris Malone as Chief Financial Officer. Malone joins NJM with more than twenty-five years of financial and leadership expertise. In this role, he will oversee the Company's Financial and Actuarial departments.

"We are thrilled to welcome Chris to our team," said Mitch Livingston, NJM President & CEO. "His background, training, and experience in finance, along with his passion for strategic planning and product management, make him a perfect fit at a time when we are expanding both geographically and by product line. Most importantly, we are confident in his ability to begin making important contributions toward our continuing mission of providing value-based insurance solutions to present and future policyholders with the highest levels of service, integrity, and financial stewardship."

"I can't imagine a more exciting time to join NJM," said Malone. "It's a wonderful opportunity to help lead the expansion of a Company with such a rich history and tradition of service. I'm excited to do my part to bring NJM's unique value proposition to an expanding policyholder base."

Malone most recently served as the Vice President and Lead Financial Officer for Ameriprise Auto & Home Insurance in De Pere, Wisconsin, where he led the company's financial operations as well as data analytics, workforce planning, vendor management, and quality assurance. He has also held various leadership positions at Plymouth Rock Assurance Company, Travelers Companies and The Hartford, where his experience spanned finance, product management, field operations, and marketing. Malone has a Master of Business Administration from Yale School of Management and a Bachelor of Science in Accounting from Villanova University.

In addition to his responsibilities as CFO, Malone will be a member of NJM's Executive Leadership Team, reporting directly to Livingston.

About NJM Insurance Group

Founded in 1913, NJM operates in a mutual fashion for the exclusive benefit of its policyholders. The Company is New Jersey's premier writer of workers' compensation insurance and among the leaders in personal auto, homeowners, renters, and umbrella coverage in both New Jersey and Pennsylvania. Headquartered in West Trenton, NJ, with locations in Hammonton and Parsippany, NJM employs nearly 2,500 workers. For more information, visit NJM.com.