Insurance Executive Pattwell Named to Head New Jersey Casino Reinvestment Agency

Gov. Phil Murphy has named a long-time insurance industry executive to head the state agency helping to redevelop Atlantic City.

Sean Pattwell was appointed executive director of the Casino Reinvestment Development Authority after he was unanimously approved for the job by the CRDA’s board of directors.

Pattwell succeeds Monica de los Rios, who has served as interim executive director since January when the prior director, Matthew Doherty, left in to work in the private sector.

Pattwell spent decades in the insurance industry. He served as the co-chief executive officer of Herbert L. Jamison & Co. and as the founding chairman of Grosvenor Brokers in London, England. Pattwell has extensive background in the areas of directors and officers liability Insurance and professional liability for major law and accounting firms. Prior to his work as an insurance broker, Pattwell was an officer with Chubb & Son and held senior executive positions with American International Group.

Casinos are required to make payments to support various improvement projects– these payments help fund the CRDA. In addition to initiating community projects, the agency also is involved in some planning and zoning issues.

Lt. Governor Sheila Oliver, who serves on the CRDA board in her capacity as commissioner of the Department of Community Affairs, said the CRDA has supported the Atlantic City community through funding community policing initiatives, helping to bring a full-service supermarket to the city, and demolishing neglected properties to address neighborhood blight.

“Sean’s background in business and his reputation for team building and innovation will serve the CRDA well as it continues to advance its mission of being a catalyst for meaningful, positive change for Atlantic City and the people who call it home,” Oliver stated.

Topics New Jersey