Pereira takes the reins from Frank Monaco, as he retires after 40 successful years
Bay Shore, New York—November 2, 2015—National insurance program administrator Brownyard Group today announced the promotion of Teri Pereira, CPCU, to account manager of Foundation. Foundation provides specialized liability insurance to the domestic cosmetics industry, including manufacturers and distributors.
Pereira will be following in the footsteps of Frank Monaco, former program manager of Foundation, who retired earlier this month. Monaco spent 25 years with the Hairdressers Agency before Brownyard acquired the company and rebranded the program with two divisions, Foundation and Salon and Spa Specialty Insurance (SASSI). He remained with Brownyard leading the Foundation program for 15 more years.
“Frank was an integral part of our cosmetics and beauty programs for many years, helping grow both programs in their respective industries,” said Tory Brownyard, president of the Brownyard Group. “He has left Foundation in Teri’s capable hands, and we trust she will prove to be a strong leader for the program.”
In her new position, Pereira is responsible for all underwriting and account servicing within the Foundation program. She joined Brownyard 13 years ago and most recently served as underwriting assistant.
About Brownyard Group
Brownyard Group is a program administrator that has developed and provided specialized insurance programs for select industries for more than 60 years. These industries include security guards, pest control operators, cosmetics manufacturers, alarm systems, private investigators and security consultants and the beauty industry. In 1993, Brownyard established Brownyard Claims Management, a loss prevention and full-service insurance claims facility. The company is based in Bay Shore, N.Y.