World Business Veteran to Improve Disciplined Monetary Technique and Lead Progress
Boston – March 3, 2025 – Coverys, a number one supplier of medical skilled legal responsibility (MPL) insurance coverage and healthcare danger administration providers, proclaims Naveed Anwar as Chief Monetary Officer (CFO). Reporting to the President and CEO, Joseph G. Murphy, Anwar will oversee strategic initiatives geared toward increasing development alternatives and optimizing capital administration to help Coverys’ long-term sustainability and organizational aims.
With greater than 25 years of economic expertise, Anwar has led as a CFO throughout the MPL business for the final decade of his profession shaping monetary efficiency, optimizing capital administration, and remodeling monetary operations. Drawing from his strategic finance, M&A, and management expertise, Anwar will oversee company finance features and lead monetary evaluation to help Coverys’ short- and long-term development methods.
“Naveed is a dynamic and completed monetary strategist with an distinctive report in driving double-digital development,” stated Joseph G. Murphy, President and CEO of Coverys. “Moreover, his expertise driving worldwide enlargement by way of strategic initiatives solidifies his standing as a pacesetter who’s well-equipped to help Coverys’ international development and diversification technique. His appointment displays our ongoing dedication to elevating operational excellence and driving innovation in an evolving business.”
“Coverys has remained a steadfast chief within the medical skilled legal responsibility business for 50 years,” stated Naveed Anwar. “The group has taken a measured method to portfolio diversification, sustained development, and profitability that fortifies its long-term monetary energy and stability. I’m honored to have the chance to contribute to its mission of empowering healthcare suppliers by supporting the group’s subsequent section of development.”
Most not too long ago, Anwar was CFO of MagMutual Insurance coverage, the place he drove monetary efficiency and worth creation. Previous to that, he served as CFO for the North American Area of Catlin, a part of XL Catlin, and in senior finance and consulting roles at AIG, American Categorical, and PwC throughout a number of worldwide markets. Anwar is a member of the Institute of Chartered Accountants in England and Wales and earned a level in finance and accounting from Kingston College in the UK.
About Coverys
With near $4 billion in property and 50 years of defending healthcare, Coverys is a number one supplier of medical skilled legal responsibility insurance coverage. Coverys affords a full vary of healthcare legal responsibility insurance coverage choices, complemented by superior knowledge analytics, evidence-based processes, and best-in-class danger administration 1 and training assets.
With Coverys, healthcare suppliers can confidently concentrate on bettering medical, operational, and monetary outcomes.
