FORT LAUDERDALE, Fla., Oct. 1, 2015 /PRNewswire/ -- Patriot National, Inc. (NYSE: PN), today announced the appointment of Armand Fernandez as Executive Vice President of Loss Control.
In this role, Mr. Fernandez will oversee the integration of Patriot National's underwriting services with that of loss and safety engineering for the insurers serviced by the company. Additionally, Mr. Fernandez will become President of Patriot Risk Consultants, a newly formed subsidiary of Patriot National that will provide a national platform to offer loss and safety consulting services across a broad spectrum of industries.
Patriot National's Executive Vice President, National Director of Field Operations Paul Halter stated, "Preventing claims is the best way to lower costs and we are pleased to bring Armand on board to lead our loss and safety consulting services to help employers improve safety measures. His deep risk engineering knowledge, proven leadership experience and focus on using technology to increase productivity and create broader service offerings make Armand the ideal executive to lead our new loss and safety consulting subsidiary."
Mr. Fernandez joins Patriot National as a twenty year professional and accomplished bilingual communicator in the risk consulting industry. Most recently, he was Chief Executive Officer of AXA Matrix Risk Consultants, a risk management consulting company known for cutting edge information technology. Previously, he served as Senior Vice President of Risk Engineering at Zurich Services Corporation, where he ran North American Operations, including technical management for Property & Casualty as well as Construction and Machinery Breakdown Engineering.
Fernandez stated, "I am excited to join Patriot National during this time of tremendous growth and expansion, and I look forward to applying my experience and leadership skills to build and grow our loss and safety consulting services business."
About Patriot National
Patriot National, Inc. is a national provider of comprehensive technology and outsourcing solutions that help insurance companies and employers mitigate risk, comply with complex regulations and save time and money. Patriot National provides general agency services, technology outsourcing, software solutions, specialty underwriting and policyholder services, claims administration services, self-funded health plans and employment pre-screening services to its insurance carrier clients, employers and other clients. Patriot National is headquartered in Fort Lauderdale, Florida. For more information about Patriot National, please visit www.patnat.com.
Forward Looking Statements
This press release may include statements that may be deemed to be forward-looking statements. Words such as "may," "will," "should," "likely," "anticipates," "expects," "intends," "plans," "projects," "believes," "estimates," "positioned," "outlook," "Guidance," and similar expressions are used to identify these forward-looking statements. By their nature, forward-looking statements involve risks and uncertainties, and there are important factors that could cause actual results to differ materially from those indicated in these statements, including the potential that revenue, net income or adjusted EBITDA could finally be determined to be below the range discussed in this press release. For example, we may not be able to place insurance policies for our clients, our expenses may be higher than we expect, we may have difficulty integrating new acquisitions, new acquisitions may not perform as anticipated, as well as those matters contained in our filings with the Securities and Exchange Commission. Although we base these forward-looking statements on assumptions that we believe are reasonable when made, we caution you that forward-looking statements are not guarantees of future performance or events and that results may differ materially from statements made in or suggested by the forward-looking statements contained in this press release. Any forward-looking statement that we may make in this press release speaks only as of the date of such statement, and we undertake no obligation to update any forward-looking statement or to publicly announce the results of any revision to any of those statements to reflect future events or developments.
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SOURCE Patriot National, Inc.
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