Financial risk management and lender-placed insurance services firm OSC named veteran banking and insurance executive John Dangoia as executive vice president and chief operating officer.
According to a release, Tracey Carragher, CEO of OSC parent company Breckenridge Insurance Group, said Dangoia "will position OSC for aggressive growth this year with the expansion of our lender protection product lines and our initiatives in the technology, compliance and financial risk management markets."
Dangoia will guide the company's senior management team working with OSC founder and CEO Larry Overby.
Dangoia comes to OSC from CUNA Mutual Group where he held positions as lender product executive and chief credit officer for commercial and consumer insurance products.
Before joining CUNA Mutual Group, Dangoia spent more than 20 years with Wells Fargo & Company where he held a variety of progressively senior management roles. At CUNA Mutual Group he was part of the leadership team that successfully transformed the company's lending-related insurance products for credit unions throughout the United States.
"With his experience John understands the needs of our customer, both large and small," Carragher said. "Our customers face more and more complex regulatory challenges and lending risks, especially as the housing market continues to strengthen," she added.
In 2012 OSC announced it was one of the first financial risk management and collateral protection firms to complete the SSAE16 SOC1 audit, the successor to SAS 70 standard. The audit documents that the OSC systems and processes meet the industry's highest standards.
OSC, a specialist in insurance and risk management services and products for lenders offers a range of portfolio protection and financial risk management services to both large and small institutions.
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