Family tradition lives at McGraw/Pacific Specialty
Specialty personal lines proves profitable for young insurer
Famity tradition has been portrayed through the years in a number of art forms, including television series about people with the last names of Walton, Huxtable and Wilder. Family tradition is as important in today’s society as ever. It is championed in rock and roll via the current “Family Values Tour,” and among sports teams that adopt the We Are Family song made popular by Sister Sledge. Sports teams and rock stars, after all, strive for the kind of togetherness that is present in a family unit.
The family unit is alive and well Just ask Mike McGraw, president and CEO of Pacific Specialty Insurance Company, how important the traditional nuclear family unit is. He’ll tell you it is thriving. McGraw’s father was a self-made entrepreneur and successful businessman who left a top-level position at age 46 to start what was then the McGraw Group, but later evolved into Pacific Specialty Insurance Company (PSIC).
Based in Menlo Park, California, a southern west bay suburb of San Francisco, McGraw Group moved to this location in 1989. It also has a Southern California satellite office that houses about 80 employees located in Anaheim, California.