Scott Pruitt Appointed Vice President of Risk Portfolio Management for Risk Transfer

Online, May 9, 2011 (Newswire.com) - Risk Transfer, a professional retail buyer and leading program manager of workers' compensation and casualty insurance for Professional Employer Organizations (PEO's) and Temporary Staffing entities announced today the promotion of Scott Pruitt to Vice President of Risk Portfolio Management.

Mr. Pruitt has been with Risk Transfer for over eight years in numerous roles, most recently as National Accounts Executive, servicing the largest most sophisticated accounts within Risk Transfer. According to Paul Hughes, CEO of Risk Transfer, "Scott has excelled in every role ever given to him, and I am extremely confident of his success in this newly created position. He understands what our clients need to see in order to outperform their peers in the cost and management of risk".

Mr. Pruitt will be charged with the maintenance of current portfolio management tools, as well as the development and implementation of concierge-type future cutting-edge services for insurance buyers within the PEO and Temp Staffing industries to include risk management, risk financing, risk selection and risk monitoring models.

"I'm excited to take our service platform to the next level. By working directly with clients and co-brokers, we can work within their business model to better assess their needs assess their costs of goods and services and further take what is typically seen as an insurance expense and convert it into a profit center," said Pruitt.

Risk Transfer is the premier risk management and financial services firm serving the aggregated enterprise community such as PEO's and temps.