CHICAGO–(BUSINESS WIRE)–Paradox Technology Solutions LLC (PTS), an innovative insurance software solution provider with a specialized focus in workers’ compensation and commercial lines insurance, today announced it has named Patriot National Insurance Group’s CEO and Chairman, Steven Mariano, to its Board of Directors.
“PTS is a young organization with a bright and exciting future. I am excited and honored to be named to their board, and I look forward to the opportunity to contribute to their success,” commented Mariano. “I was impressed with PTS’ WorkersCompExpertTM the first time I saw it, and that first impression has only been validated and strengthened after having a chance to work with both the PTS product and the outstanding team of professionals.”
Announcing Mariano’s appointment, Sandeep Mehta, co-CEO of PTS, said, “We are very pleased to welcome Steve to our Board of Directors. In addition to being an early PTS customer, he has been an advocate and an advisor to us, helping PTS to successfully make our mark in the workers’ compensation software industry.”
In addition to his position with Patriot National Insurance, Mr. Mariano offers an impressive and extensive list of experience and accomplishments. He is an entrepreneur and businessman with 20 years of experience in the insurance arena. During the 1990’s Mr. Mariano founded Strategic Outsourcing Inc., a professional staffing company with over $1 billion in sales, which was sold to Union Planters Bank (Regions Bank, NYSE). Following his accomplishments in the staffing industry, Mr. Mariano formed Patriot National Insurance Group Inc., a holding company with a portfolio including Guarantee Insurance Company, a leading national provider of traditional and alternative market workers’ compensation insurance, and Patriot Underwriters, Inc., a managing general underwriter and agency. Mr. Mariano also founded Patriot Risk Management, Inc., which was recently sold to Boston’s MCMC for $105 million.
Mr. Mariano is very active in the south Florida community and is involved in numerous charitable and development organizations, including the CEO Council of the Broward Alliance, Broward County’s official public and private partnership for economic development. Mr. Mariano has also served as the Chairman of the 2011 American Heart Association’s Broward Heart Ball.