Executive Team

Richard A. McGrath
CIC, LIA – President and CEO

A third-generation owner of A.N. McGrath Insurance Agency, Richard McGrath joined the business in 1977 and has been instrumental in making it one of central Massachusetts’ largest and best-known independent insurance agencies.

Richard has developed his business into an agency with more than $20 million in annual premiums and 20 employees, including specialists in personal, commercial and life insurance, and employee benefits.  He also has successfully acquired a half-dozen other agencies.

In addition to overall management of the agency’s multiple-office operations, his responsibilities include business development, and consideration of new products and agency acquisitions.

He is a member of the Personal Lines Advisory Board of Arbella Mutual Insurance Co.  He previously served as a member of the Advisory Board and the Board of Directors of Premier Insurance Co., and the Board of Directors of Southbridge Credit Union, serving for more than 20 years.  He is also a director of the New England Service Co. & Valley Water Systems. He is a former director of the New England Cell, Mountain View Indemnity, CT, Chubb Captive Insurance Company.

As a result of his outstanding achievements, Richard has received numerous awards and recognition from many organizations, including achieving Chairman’s Circle status in addition to earning membership in the Admiral’s Table at Arbella Insurance Group.  He has also earned Tower Agents status with Premier Insurance Company and was named a Granite Agent by the Chubb Group of Insurance Companies.

Richard is a member of the Massachusetts Association of Insurance Agents.  He is also a Massachusetts Certified Insurance Counselor and a Massachusetts Licensed Insurance Advisor.

He earned his bachelor’s degree from Southern New Hampshire University, and completed the Executive Leadership and Development Program at the University of Pennsylvania’s Wharton School.

Joanne R. Cancelmo
CPA – Accountant

Joanne coordinates financial planning and budget management, and ensures that company accounting practices and procedures conform with generally accepted accounting principles. She monitors, analyzes and compares operating results to budgets each month. In addition, she prepares a financial analysis at least annually for carrier negotiations and to determine the impact of changes made to the Massachusetts Automobile Insurance System.

Joanne joined McGrath Insurance Group in 2003 after serving as an accountant for several accounting firms.

Before joining McGrath, she was a Senior Accountant for Roland A. Gauthier, CPA of Spencer. Previously, she was an accountant with Clune, Chatillier & Morisseau, CPA of Woonsocket, R.I. She began her accounting career at Samuel J. Berman Ltd. of Providence, R.I. She earned her bachelor’s degree in accounting from Bryant College, Smithfield, RI.