Former managing director credited with company growth from the 1960s.
Jewellery insurance broker T. H. March & Co. has announced the passing of Roger Frederick Ferraro, a forefather of the company and its former managing director.
Ferrero passed away on February 10 2014, aged 97. He is one of three generations of the Ferraro family that have held the post of managing director at T. H. March, including his father Frederick Ferraro and son Michael Ferraro.
Roger’s professional association with T. H. March dates back to 1947 when he was appointed as a non-executive member of the board. At that time he was in the employ of the British Equitable, a subsidiary of the Guardian Royal Exchange insurance company.
By 1954 Roger was a full employee of T. H. March, taking on the role of managing director in 1960 following the death of his father, Frederick Alexander Ferraro.
He is described as a pioneer in the early development of specialist ‘Jewellers’ Block’ insurances, for which the company is most famous. Roger was instrumental in T. H. March substantial growth during the period of the 1960s to the early 1990s.
He retained an active interest in T. H. March until 1991 when he retired fully at the age of 75 from his final company post of non-executive chairman. Roger remained independent and active until just a few months before his death.
He leaves behind a son, Michael, who himself held the roles of both managing director and chairman at T. H March, before his retirement in 2012.