Triple-I veteran to retire

Senior exec to step down after over three decades in the industry

Triple-I veteran to retire

Insurance News

By Ryan Smith

The Insurance Information Institute (Triple-I) has announced that chief of staff Laura Favinger is retiring this week after a 30-plus year career in the insurance industry.

Favinger joined Triple-I in 2018 as chief administrative officer. Prior to that, she served as a senior vice president at Zurich North America, where she headed up government and industry affairs operations. Before joining Zurich, she held various public affairs roles with Unum Group in Portland, Maine.

During her more than 30-year career, Favinger developed expertise in the property-casualty, life and disability sectors and built a track record as a successful manager and team leader. She brought to Triple-I deep expertise in managing external relationships with industry trade groups including the American Council of Life Insurers and the American Property Casualty Insurance Association.

“During her five years at the Triple-I, Laura facilitated our overall strategy across the organization, served as liaison to Triple-I’s Executive Leadership Committee (ELC), managed the logistics of our affiliation with The Institutes, and oversaw all aspects of the Triple-I’s annual Joint Industry Forum,” said Sean Kevelighan, CEO of Triple-I. “I will personally miss her steadfast work ethic, kind nature, and persevering personality. At the same time, I wish Laura the very best as she begins a new chapter in her life.”

“I am grateful for the many opportunities I’ve had and the wonderful colleagues I’ve worked with throughout my career,” Favinger said. “While not an easy decision, I am excited to experience this next phase of life. The Insurance Information Institute is a unique organization given its mission to educate the public about an industry which is at the center of the world’s economy. It was a great place to cap off a career which began in New England and took me around the globe.”

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