Continental Normal Insurance plan Organization Appoints Michael Gorzynski as Govt Chairman

AUSTIN, Texas–(Business WIRE)–Continental Normal Insurance Corporation (jointly with its affiliate marketers, “Continental”), which serves around 125,000 consumers across the prolonged-time period care, life insurance policies, annuity and supplemental health insurance policy categories, these days announced the appointment of Michael Gorzynski as Executive Chairman, efficient immediately. Mr. Gorzynski is also a member of the board of administrators and government committee of HC2 Holdings, Inc. (“HC2”) (NYSE:HCHC), which is the parent company of Continental.

Mr. Gorzynski has two decades of encounter functioning across the funds marketplaces, investment management sector and insurance field as an analyst, trader and executive. Prior to forming MG Cash Administration, which is his New York-centered expense company, Mr. Gorzynski invested in distinctive conditions globally at Third Level LLC, an asset administration organization in New York. He commenced his occupation at Credit Suisse Initially Boston in the financial commitment banking division and at Spectrum Fairness Buyers, a non-public fairness firm in Boston.

Because his appointment as a director of HC2 earlier this 12 months, Mr. Gorzynski has been functioning closely with Continental and its leadership to increase policyholder relations, install a new and really-skilled board of administrators, increase communications with regulators and set in place a extended-term system that requires into account all stakeholders’ desires. Mr. Gorzynski’s appointment as Executive Chairman is supposed to fortify his doing work romance with Continental’s management team and help the accelerated implementation of organizational options.

“We are extremely fired up about the strong coverage industry abilities and investment decision administration encounter that Mike delivers to his new job,” explained David Ramsey, Chief Executive Officer of Continental. “He has been included with numerous insurance plan businesses throughout many global geographies and several lines of business enterprise. I search forward to continuing to function with Mike to expand Continental into a single of the most dynamic, prosperous insurers for the profit of all our stakeholders.”

The appointment of Mr. Gorzynski comes on the heels of Continental just lately incorporating Liesl Hickey and Michael V. Gisser to its board of directors.

“I am thrilled and humbled to join the Continental family members and enable develop on the basis set in position by Dave and the administration crew,” stated Michael Gorzynski, Govt Chairman of Continental. “By continuing to consolidate the prolonged-expression care sector, extending our servicing experience to 3rd functions and diversifying into other insurance lines, Continental will be effectively-positioned for good results. This will enable us meet up with our obligations to policyholders, create extra alternatives for workforce and produce stronger returns to shareholders.”

Mr. Gorzynski succeeds Robert B. Mills, who is retiring from his roles with Continental.

About Continental

Centered in Austin, Texas, Continental Standard Coverage Business (with each other with its affiliates, “Continental”) strives to help customers with handling the economical dangers and difficulties that arrive as they age. Our relatives of insurance policies providers and strategic partners offer administrative solutions to somewhere around 125,000 Long-Time period Treatment, Daily life, Annuity and Supplemental Wellbeing clients. We are committed to upholding the commitments we have built to present excellent services to all our clients and serve the requirements of our claimants and their households through complicated instances. Understand much more at www.continental-ins.com.