Meet Hospitality Insurance Group’s New President And CEO


Meet Hospitality Insurance Group’s New President And CEO

We are pleased to announce Richard (Dick) E. Welch, Jr. as our new President & CEO. He will assume responsibilities in January 2018 and will succeed John W. Tympanick, who recently announced his retirement after 26 years of service with the company.

Dick brings decades of property and casualty insurance experience to Hospitality Insurance Group. Previously, he was the Vice President of Corporate Planning for The Concord Group of Insurance Companies in Concord, New Hampshire, the Founder and Principal of REW Insurance Consulting Services and President and CEO of the Premier Insurance Company of Massachusetts.

Dick brings with him a strong track record in directing insurance operations and has demonstrated skills in financial management and strategic planning.

“I am excited to be joining a strong team and a quality organization at Hospitality Insurance Group,” says Welch. “I look forward to working together with the HIG team and its agents to continue growing the business by providing superior protection and outstanding service to the hospitality industry.”

Dick is a former member and Chairman of the CAR Actuarial Committee, Massachusetts Property Insurance Underwriting Association and Center for Industrial Mathematics and Statistics at Worcester Polytechnic Institute. He also served on the Board of Directors at Premier Insurance Co of Massachusetts, First Floridian Auto and Home Insurance Company, and First Trenton Indemnity Company. He holds a Bachelor of Arts degree in Economics from Columbia University in New York.

Dick currently lives in Holden, MA with his wife, Lori.

According to Bill McGrail, Chairman of the Board of Hospitality Insurance Group “We are fortunate to have a person
of Dick’s caliber on board and are confident he will bring the company the leadership it will need in the coming