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Topa Insurance Group CFO Cynthia Morrison to Retire; Lawrence Genalo named successor

By: Delaney O'Brien, Topa Insurance Group
Posted on: November 19, 2018

Topa Insurance Group CFO Cynthia Morrison to Retire; Lawrence Genalo named successor

 

CALABASAS, CA – November 19, 2018 – Topa Insurance Group announced today that Cynthia Morrison, Senior Vice President and Chief Financial Officer, will be retiring effective January 31, 2019.

Lawrence Genalo, Assistant Vice President of Financial Planning and Analysis has been named Vice President, and Chief Financial Officer and will report to President and CEO, John Donahue.

Morrison has been in the role since joining the group in August 2014. She will remain with Topa through her retirement date and will transition the role of CFO to Genalo over the next two months. 

“I am sincerely grateful for the contributions and impact Cynthia has made over the past four years to both our results and culture,” said Donahue. “From her start in the industry more than 25 years ago, to her Chief Financial Officer role at Topa Insurance Group and board position with the Insurance Industry Charitable Foundation, Cynthia has made her mark.”

“I am confident in the finance team Cynthia has developed and am appreciative of her willingness to support Larry through the transition into his new role,” Donahue added. “Larry has a strong, diverse background in all aspects of Finance related to insurance company operations.  He is extremely bright, has a strong vision for Topa Insurance Group, and will provide excellent leadership as we look to grow over the coming years.” 

Genalo joined Topa Insurance as Manager of Financial Planning and Analysis in 2016 and was promptly promoted to Director in 2017, then to Assistant Vice President. He is an integral member of the Finance Department, providing influential leadership throughout the company. Additionally, he has been an essential contributor to the Core Team responsible for evaluating and on-boarding our programs.

“I am proud to have been part of such a dynamic and reputable company and to have contributed to Topa’s growth during my four years here,” said Morrison. “I have the utmost confidence in Topa’s leadership team and Larry’s ability to drive continued growth and success in the future.”

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About Topa Insurance Group

Topa Insurance Company is one of the wholly owned subsidiaries of Topa Insurance Group, a boutique insurance holding company based in Calabasas, California, which provides wholesale insurance solutions. Other subsidiaries include Alphyn Universal Insurance Solutions (CA), Dorchester Insurance Company (USVI), NevPac Reinsurance (BVI), and Topa Insurance Services (USVI). Topa Insurance Group is focused on underwriting profit, operational excellence and agility for continuous growth. For more information about Topa Insurance Group, please visit www.topa-ins.com.

Contact:
Delaney O’Brien
Director of Marketing & Communications
Topa Insurance Group
24025 Park Sorrento, Suite 300
Calabasas, CA 91302
818.466.5905
dobrien@topa-ins.com

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