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SeaBrighta?s Chief Financial Officer Resigns

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  Published in Business and Finance on Wednesday, July 13th 2011 at 14:10 GMT by Market Wire

SEATTLE--([ BUSINESS WIRE ])--SeaBright Holdings, Inc. (NYSE:SBX) today announced that Scott H. Maw has resigned as Senior Vice President, Chief Financial Officer and Assistant Secretary, effective August5, 2011, to accept a senior level position with another company.

The Company also announced the appointment of Mr.M. Philip Romney, the Companya™s Principal Accounting Officer, to serve as acting principal financial officer commencing August8, 2011 until a replacement for Mr.Maw can be found. The Companya™s Board of Directors intends to initiate a search for a replacement chief financial officer.

About SeaBright Holdings, Inc.

SeaBright Holdings, Inc. is an insurance holding company whose wholly owned subsidiary, SeaBright Insurance Company, operates as a specialty underwriter of multi-jurisdictional workersa™ compensation insurance. SeaBright Insurance Company distributes its maritime, alternative dispute resolution and state act products through selected independent insurance brokers and through its in-house wholesale broker affiliate, PointSure Insurance Services, Inc. PointSure is licensed in 50 states and also offers insurance products from non-affiliated insurers. Paladin Managed Care Services, Inc., another SeaBright Holdings company, provides integrated managed medical care services to help employers control costs associated with on-the-job injuries. To learn more about SeaBright Holdings, Inc., visit our website at [ www.sbxhi.com ].