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Buro Named Vice President for National Atlantic Co.


Business Editors

FREEHOLD Freehold, borough, United States
Freehold, borough (1990 pop. 10,742), seat of Monmouth co., E central N.J.; settled c.1650, called Monmouth Courthouse (1715–1801), inc. as a town 1869, as a borough 1919.
, N.J.--(BUSINESS WIRE)--March 9, 2000

Marc V. Buro, a former high-level official in the New Jersey State Department of Banking and Insurance, has been named vice president of product and program development for the National Atlantic Insurance Companies, parent corporation of the Proformance Insurance Co. in Freehold, NJ.

In making the announcement, James V James V, king of Scotland
James V, 1512–42, king of Scotland (1513–42), son and successor of James IV. His mother, Margaret Tudor, held the regency until her marriage in 1514 to Archibald Douglas, 6th earl of Angus, when she lost it to John
. Gorman Gorman may refer to: People with the surname Gorman
  • Arthur P. Gorman, United States Senator from Maryland
  • Brian Gorman, MLB umpire
  • Burn Gorman, British Actor
  • Dave Gorman, English documentary-comedian and humorist
  • Edwin Gorman, a hockey player
, chairman and chief executive officer, said Buro will work to expand the scope of National Atlantic Companies product offerings by developing new business initiatives and insurance programs and by spearheading the company's efforts to enter new states.

Gorman said Buro will also develop and implement business plans to access new markets and new business opportunities for the companies and develop new specialty programs in conjunction with the company's partner agency force.

Buro comes to National Atlantic from The Robert Plan Corporation, where he was a vice president and assistant to the chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 for three years.

At The Robert Plan, he led a competitive bidding Competitive bidding

A securities offering process in which securities firms submit competing bids to the issuer for the securities the issuer wishes to sell.


competitive bidding

1.
 process and analysis of multiple vendors and partnered with Horizon Blue Cross/Blue Shield for the successful launch of "Putting People First," a product trade name for personal automobile insurance coverage, and created and implemented several business initiatives, resulting in a $54 million revenue increase and $100 million in savings.

Prior to that, Buro was director of legislative affairs for the State Department of Banking and Insurance for three years. In that capacity, he served as a driving force behind development of legislation relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 multiline insurance and banking matters and as a member of property/casualty and life/health insurance company admissions committees.

His background also includes serving as a policy advisor for the New Jersey State Assembly Banking and Insurance Committee and as an aide to former U.S. Congressman James Courter.

Buro is a graduate of Rutgers University Rutgers University, main campus at New Brunswick, N.J.; land-grant and state supported; coeducational except for Douglass College; chartered 1766 as Queen's College, opened 1771. Campuses and Facilities


Rutgers maintains three campuses.
 with a bachelor's degree in political science.

National Atlantic is the parent corporation of Proformance, the only insurance company in New Jersey owned by independent insurance agencies, providing property and casualty insurance for New Jersey residents.
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Publication:Business Wire
Date:Mar 9, 2000
Words:343
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