STURBRIDGE, Mass. – The Society of Certified Insurance Counselors (CIC) recently honored Richard McGrath, CIC, president of McGrath Insurance Group, Inc., for 20 years of leadership.
McGrath is among the one percent of insurance professionals in the country who have maintained updated CIC requirements for at least two decades.
The Society of CIC presented McGrath with an award highlighting his ongoing pledge to insurance education, commitment to excellence and dedication to the insurance profession, along with his continued participation in the CIC Program.
“The high standard maintained by Mr. McGrath not only benefits McGrath Insurance Group, Inc., but the insurance profession as a whole,” said William T. Hold, CIC, CPCU, CLU, president of the Society of CIC.
A third-generation owner of McGrath Insurance Group, McGrath joined the business in 1977 and has been instrumental in making it one of central Massachusetts’ largest and best-known independent insurance agencies.
He has served as a member of the Personal Lines Advisory Board of Arbella Mutual Insurance Co.; the Advisory Board and the Board of Directors of Premier Insurance Co., and the Board of Directors of Southbridge Credit Union. He is also a director of the New England Service Co. & Valley Water Systems. He is a former director of the New England Cell, Mountain View Indemnity. He is a corporator of Southbridge Savings Bank and Harrington Hospital, and a member of the Worcester Economic Club.
He has received numerous awards and recognition from many organizations, including achieving Chairman’s Circle status, in addition to earning membership to the Admiral’s Table at Arbella Insurance Group. He has also earned Tower Agent and Elite Agent status with Travelers of Massachusetts.
He is a member of the Massachusetts Association of Insurance Agents and the Insurance Alliance, and is a Certified Insurance Counselor and a Massachusetts Licensed Insurance Advisor. He is also a member of the Fallon Community Health Plan Broker Advisory Group.
He earned his bachelor’s degree from Southern New Hampshire University, and completed the Executive Leadership and Development Program at the University of Pennsylvania’s Wharton School.
The Society of CIC is an organization nationally recognized as a leading continuing education program of insurance professionals. A not-for-profit organization, the Society of CIC is the cornerstone program for The National Alliance for Insurance Education & Research, headquartered in Austin, Texas.
McGrath Insurance Group, Inc. of Sturbridge, Mass. (www.mcgrathinsurance.com) is a full-service, independent insurance agency that provides business insurance, personal insurance, employee benefits and specialty insurance products to clients throughout New England. Founded in 1927, it is one of the oldest and largest insurance agencies in central Massachusetts.