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HEDDA RITTER NAMED PRESIDENT OF RISK SPECIALISTS COMPANIES

 HEDDA RITTER NAMED PRESIDENT OF RISK SPECIALISTS COMPANIES
 BOSTON, June 8 /PRNewswire/ -- Hedda Ritter has been named president


of Risk Specialists Companies, Inc., it was announced today. Subsidiaries of Risk Specialists Companies, Inc., perform brokerage and related services, placing excess and surplus lines business with Lexington Insurance Company and other American International Group, Inc. (AIG), companies.
 Ms. Ritter was most recently a senior vice president with Shand, Morahan & Company, Inc., a leading U.S. managing underwriter of professional liability and specialty insurance. In that capacity, she was responsible for marketing services, new product development and product manager of specified professions underwriting. Having been in the insurance industry for 20 years, she was with Shand, Morahan & Company for 11 years.
 Subsidiaries of Risk Specialists Companies operate nationwide. Products are offered through these companies ranging from high-risk property and casualty to excess medical stop-loss coverage insurance.
 Commenting on Ms. Ritter's appointment, Kevin H. Kelley, chairman of Risk Specialists Companies, said: "Hedda Ritter will be a strong leader, directing Risk Specialists with a broad industry background and extensive experience in the excess and surplus lines field. Risk Specialists have an unmatched history of leadership in this business, and we expect Hedda Ritter to contribute importantly to our continuing success."
 -0- 6/8/92
 /CONTACT: Joe Norton of Risk Specialists Companies, 212-770-3144/ CO: Risk Specialists Companies, Inc. ST: Massachusetts IN: FIN SU: PER


GK -- NY067 -- 8028 06/08/92 15:17 EDT
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Date:Jun 8, 1992
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