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SeaBright Insurance Selects Chief Operating Officer

Richard Gergasko has also been elected as president of SeaBright Insurance Company

SeaBright Insurance Holdings has appointed Richard Gergasko, executive vice president, Operations, as the new chief operating officer.

Richard Gergasko has also been elected as president of SeaBright Insurance Company, a wholly-owned subsidiary, replacing John Pasqualetto, who will continue as chairman and CEO.

Mr. Gergasko has served as EVP in charge of the insurer’s operations since the company was formed on October 1, 2003. As COO of SeaBright Insurance, he will be responsible for operations and will participate in the establishment of the company’s strategic direction. He will function in a similar capacity with respect to the insurance company subsidiary.

Mr. Pasqualetto, president, chairman and CEO of SeaBright Insurance Holdings said: “Rich was instrumental in the founding of SeaBright and laying a solid foundation for our company. He has been a key contributor to our success. I have the utmost confidence in his leadership.”

SeaBright Insurance Holdings is an insurance holding company whose wholly-owned subsidiary, SeaBright Insurance offers workers’ compensation coverage to employers.