George D. Mahoney

Risk Management Advisor, Capital Region

George brings a unique skill set and 30+ years of executive level experience to HF&C. Well versed in all facets of running a major corporation, George understands the complexities and importance of creating a solid risk management program as part of any successful corporate strategy.

Prior to joining HF&C, George held the position of CFO giving him the executive level view of the financial impact risk management has on a corporation. He was able to reduce insurance expenditures in workers’ compensation, general liability, auto and healthcare through carefully crafted safety and wellness programs. In addition, his analytical mindset allowed him to develop a competitive bid process that factored price and coverage limits. His “out of the box” thinking led to an in-house self-insured program for healthcare and workers compensation that shared the risk while reducing overall expense to the company. Additional experience in the NYS Governor’s Regulatory Reform Office gives George acute awareness of Insurance Department regulations.

As a licensed Risk Management Advisor, George provides his clients with total risk management and insurance solutions. Utilizing agency services and expertise, he is able to provide such risk management services as: policy reviews, coverage gap analysis, risk transfer support, guaranteed cost options and alternative programs such as captives. His goal is to ensure that the customer has proper coverage, and that the terms & conditions meet the requirements for their contracts. His focus is on protecting the assets with strategic competitively priced programs.

A native of the Albany area, George is involved with the National Multiple Sclerosis Society, Cystic Fibrosis Foundation and The Albany Academy. He received his Masters of Business Administration from The College of Saint Rose and has extensive course work in Labor Law from Albany Law School.