Privilege Underwriters Reciprocal Exchange PURE Appoints James McLaughlin to Subscribers Advisory Committee SAC
April 10, 2010
WHITE PLAINS, NY – May 11, 2010 - William W. Wilson, III, chairman of the Subscribers’ Advisory Committee of member-owned reciprocal insurer Privilege Underwriters Reciprocal Exchange (PURE), today announced the appointment of James H. “Jamie” McLaughlin, former chief executive officer of Geller Family Office Services LLC, as the fifth member to the PURE’s Subscribers’ Advisory Committee (SAC).
The SAC is comprised of PURE members (policyholders) who provide PURE’s attorney-in-fact, PURE Risk Management LLC, with recommendations about ways to better serve PURE’s membership, oversee audit functions, and serve as champions for PURE in their local communities.
“We are thrilled to welcome Jamie to PURE’s Subscribers’ Advisory Committee and look forward to working with him on behalf of PURE’s membership,” said Wilson, president and chief executive officer of RefocuX, who has served since 2007 on the SAC. “We are confident that Jamie’s extensive financial expertise and experience in the high-net-worth market will strengthen the SAC’s ability to support PURE in its goal of meeting the insurance needs of successful individuals and families.”
Prior to his position at Geller, McLaughlin served for almost five years as managing director and head of the New York office of Convergent Wealth Advisors (formerly Lydian Wealth Management). Before this, McLaughlin worked 10 years as the regional president of Mellon Private Wealth Management’s New York region. McLaughlin served 10 years in the Connecticut General Assembly, including three terms in the state Senate where he chaired and served as ranking member of the Finance, Revenue, and Bonding Committee. He currently serves on the Board of Trustees for the American Foundation for the Blind (AFB) and chairs the AFB’s investment committee. McLaughlin also serves as the family office representative on the Board of Directors of the CT Hedge Fund Association.
McLaughlin received a bachelor’s degree in history from Lafayette College in Easton, PA, and a master’s in public administration from the Harvard Kennedy School in Cambridge, MA. He currently lives in Darien, CT with his wife, Julie, and their son, Austin.
PURE refers to Privilege Underwriters Reciprocal Exchange, a member insurer of the PURE Group of Insurance Companies. Licensed in 13 markets, PURE provides coverage for high-value homes, automobiles, jewelry and art, personal excess liability and watercraft to successful individuals and families. PURE is a member-owned reciprocal insurer and has been rated A- (Excellent) by A.M. Best. PURE is committed to helping its members reduce the price of insurance today while controlling the long-term cost of risk. PURE Risk Management LLC serves as the attorney-in-fact for PURE. For more information, visit www.pureinsurance.com.
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Editor’s Notes: Interviews with James McLaughlin and PURE Executives may be coordinated upon request.
This material is descriptive only. The precise coverage offered is subject to the terms and conditions of the policies issued. The rights and responsibilities of members are subject to the Subscriber’s Agreement and Power of Attorney. Coverage may not be available in all jurisdictions. Actual savings, if any, will vary.