Dallas, Texas – based RISC announced that Shawn O. Fabors was named president of the company upon the retirement of William D. Staub, Jr. The transition was effective Apr. 1, 2014.
Staub joined RISC as president in January 2003 after serving as president and COO with a national wholesaler. He began his insurance career in 1977 as a casualty underwriter with Liberty Mutual Insurance Co. in Philadelphia. He also previously served National Re as a casualty facultative reinsurance.
Fabors joined RISC as chief sales officer in 2008, with primary responsibilities of producer development and top line production.
In addition to these core responsibilities, Fabors’ tenure with RISC also included the underwriting and management of the small business unit and the contractor select casualty programs. Fabors currently serves as secretary/treasurer on the board of the Texas Surplus Lines Association.
Prior to joining RISC, Fabors served as the territory sales director of a leading national property and casualty insurance company. He began his insurance career in 1998 working for a large well-known international property and casualty insurance carrier, where he held the positions of branch manager, business development manager of the premium finance operation, and regional manager of financial institutions. Fabors also spent two years as a senior broker for a national wholesale insurance brokerage firm based in Dallas.
Source: RISC
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