Island Insurance has appointed Mike Onofrietti as Senior Vice President, Chief Actuary & Chief Risk Officer, and Debra Chong as Vice President, Business Services, Product & Data Management.
As Chief Risk Officer, Onofrietti will oversee the company’s enterprise risk management and reinsurance programs. He will continue to manage the company’s actuarial strategy and government relations. Onofrietti is a member of the American Academy of Actuaries and has over 35 years of insurance industry experience. He is an associate of the Casualty Actuarial Society and holds the Chartered Property & Casualty Underwriter designation. Current community contributions include Board Chair of Goodwill Industries of Hawai‘i, Board Member of Hawai‘i Youth Symphony and Kids’ Chance of Hawai‘i, and member of the Community Advisory Committee to the Honolulu Office of Climate Change, Sustainability and Resiliency. Onofrietti obtained his Bachelor of Arts degree in Mathematics from Rutgers University.
In her new role, Chong will oversee the company’s product management and data and reporting areas. She will continue to oversee business services and project management. She has over 25 years of experience in a career that has taken her from electronic banking to product development. Employed by Island for over 18 years and certified as a Project Management Professional, she also serves as Membership Chair of the Hawaiian Civic Club of Honolulu, as well as Division Director and Club President of Toastmasters International. Chong holds a Master of Business Administration from Chaminade University of Honolulu and graduated from the University of Hawai‘i at Mānoa with a Bachelor of Business Administration in Management Information Systems.
About Island Insurance
Island Insurance Company, Ltd. is Hawai‘i’s only locally owned and managed property and casualty insurance carrier, offering a full range of protection solutions. Founded in downtown Honolulu, Island Insurance has been serving Hawai‘i’s families and businesses for over 80 years. Island Insurance is the only Hawai‘i-based company to be recognized as a Top 50 property & casualty insurer in the nation by the Ward Group for an unprecedented 16 consecutive years. It holds a financial strength rating of “A” (Excellent) from A.M. Best Company.
Since 2003, its charitable arm – the Island Insurance Foundation – has donated over $13 million to a wide array of non-profit organizations across Hawai‘i. It donated almost $1.4 million to over 100 local non-profits in 2023 and is recognized as one of the top 25 most active private foundations in Hawai‘i.