Karen Murphy
About Karen Murphy
Karen Murphy serves as the Executive Vice President and Head of Life Sciences at Medmarc Insurance Group, where she has worked since 2016. With a background in law and extensive experience in risk management and business development, she oversees all operations related to the Life Sciences division.
Current Role at Medmarc Insurance Group
Karen Murphy serves as the Executive Vice President and Head of Life Sciences at Medmarc Insurance Group. She has held this position since 2016, overseeing all aspects of Life Sciences operations. Her responsibilities include underwriting, claims, risk management, and business development and marketing. Murphy sets the strategic vision for the Life Sciences division and establishes both long- and short-term objectives, ensuring alignment with the company's goals.
Previous Experience at Medmarc Insurance Group
Prior to her current role, Karen Murphy worked at Medmarc Insurance Group for a total of 21 years. She served as Vice President, General Counsel, and Secretary from 1995 to 2010, where she began her career as Legal Counsel. In 2010, she was promoted to Senior Vice President of Risk Services and Marketing, a role she held until 2016. During her tenure, she took over responsibility for Risk Management in 2007, contributing to the company's risk management strategies.
Education and Legal Qualifications
Karen Murphy earned her Doctor of Law (JD) degree from American University, Washington College of Law, where she studied from 1991 to 1993. Prior to that, she completed her Bachelor of Business Administration (BBA) at the University of Cincinnati, focusing on Marketing and Information Systems from 1983 to 1988. She is licensed to practice law in the State of New York and holds a Corporate Counsel license in the Commonwealth of Virginia.
Leadership in Life Sciences
As the Head of Life Sciences at Medmarc Insurance Group, Karen Murphy is responsible for overseeing the Life Sciences business underwritten by Medmarc Casualty Insurance Company and Noetic Specialty Insurance Company. She plays a crucial role in shaping the strategic direction of the division, ensuring that it meets the needs of its clients and adapts to the evolving landscape of the life sciences industry.