Joseph P. Ricci

When Joseph Ricci founded JPR Risk Management in 1989, his goal was to utilize the technical expertise he had accumulated over 25 years in the insurance industry to control his client’s insurance costs. For the past fifteen years, he has done just that, representing such companies as Aladdin Bakers, AFC Enterprises, Palladia Inc., UCP of Greater Suffolk and Worldwide Food Products.

For the first 15 years of his career, Mr. Ricci held positions, ranging from Property and Casualty Auditor to Underwriting Manager, with some of the industry’s largest insurance carriers. During this time, he fine-tuned his technical skills and utilized the training afforded him to develop the techniques he uses today.

In 1981, he joined Frank B. Hall and Company of Long Island and worked exclusively on construction accounts, most of which developed premiums in excess of half a million dollars. From 1981 until 1990, he was employed by agencies specializing in the construction industry. While he was Division Director for Alexander & Alexander Services of New York, Inc., he managed commercial agency accounts. He later developed one of the first computer programs to analyze the Workers’ Compensation Experience Modification formula in the State of New York.

He has been interviewed and filmed by Business Management Development Corporation, a subsidiary of Hartford/ITT, and lectured at the Foundation for Accounting Education and the Courier Times on Insurance Rating and Auditing. He has provided expert witness services both in the United States and Puerto Rico.

Mr. Ricci has become a valuable resource for many accounting and law firms, as they frequently call upon his guidance and technical skills for a variety of insurance matters including audits, insurance company negotiations, workers’ compensation and litigation preparation.