Expert Details
Risk Analysis, Enterprise Risk Management, Financial/Risk Modeling, All Lines Property/Casualty
ID: 727298
Texas, USA
Expert has experience in all lines of Property & Casualty and he has been a team leader in Alternative Risk Finance consulting for over 22 years in areas including captive and risk retention group feasibility, integrated and finite risk, trade credit, residual value, warrantee programs, LPTs, collateral alternatives, and 144 insurance trusts. He has also consulted on the design and placement of large corporate risk management structures, commercial insurance placements, policy coverage, endorsements, and excess and surplus lines placements.
Expert has an extensive background in quantitative analyses, risk modeling, loss forecasting, reserve funding analyses, cash flow, risk retention, total cost of risk (TCOR) analyses, benchmarking, collateral requirements, allocation systems, TX opt-out, self-insurance, and captive feasibility studies.
As an ERM and Risk Finance subject matter expert with over 22 years of experience, Expert has extensive consulting experience. Notable projects include an ERM study for a REIT that cited the project as one of the “top 15 successes” in the client's annual report to shareholders. Other sample projects include:
A Food Company – Identified $463M in unmitigated risks in ERM study, set strategy to lower to $68M, with a $39M investment (a 10-fold return on investment);
Metals Company – price/value stabilization coverage on inventory;
Cotton Ginners – volume stabilization coverage on annual cotton yield;
Chemical Company – risk assessment on hazardous transport to a new customer;
State of XX – complete a property exposure analysis vs. funds available to cover losses.
Education
| Year | Degree | Subject | Institution |
|---|---|---|---|
| Year: 1995 | Degree: MBA | Subject: General Business | Institution: Loyola Chicago |
| Year: 1985 | Degree: BA | Subject: Finance and Real Estate, Minor: Economics | Institution: Colorado State University |
Work History
| Years | Employer | Title | Department |
|---|---|---|---|
| Years: 2006 to 2009 | Employer: Marsh | Title: Managing Director and Office Head | Department: Captive/Program Management |
Responsibilities:Expert built the Las Vegas, NV and Phoenix, AZ captive management markets from the ground-up, serving as the senior account manager and served on the Board of Directors on four captives. He also managed a client's Medical Malpractice Insurance Company. As General Manager, he was responsible for a turnaround of the insurance company (suffering from declining enrollments, decreasing rates, and sub-optimum quality of service) by achieving internal cultural change. |
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| Years | Employer | Title | Department |
| Years: 2005 to 2006 | Employer: Marsh | Title: Managing Director | Department: Corporate Alternative Risk Solutions |
Responsibilities:Expert developed and implemented national professional standards, compliance, and educational programs to over 1000 risk management professionals brokering highly sensitive, complex risk finance solutions. As a subject matter expert, he was challenged with relaunching several product lines. He directed sales and distribution of ARS products and services across North America and collaborated with ARS counterparts globally, led a rebranding effort for alternative risk solutions’ portfolio of specialty insurance products and structured risk solutions through management of virtual team of professionals and consultants. He also revamped all online and print communications, marketing material, compliance standards, in-house training, and technical materials to be in compliance with corporate guidelines and SEC regulations. |
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| Years | Employer | Title | Department |
| Years: 1994 to 2005 | Employer: Marsh | Title: South Region Practice Leader | Department: Marsh Risk Finance |
Responsibilities:Expert was accountable for management of 20 field offices and nine highly-motivated employees providing actuarial consulting, quantitative analysis, ERM consulting, specialty insurance products, and risk finance solutions. |
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| Years | Employer | Title | Department |
| Years: 1990 to 1994 | Employer: Kemper Insurance | Title: Manager, Teleplus -800 Claim Reporting | Department: Corporate Claim Department |
Responsibilities:Expert designed, developed, and marketed an innovative call center for claims reporting and data management system to track and report Worker’s Compensation and Liability regulatory requirements. He customized client specific coding used in metric trending, including lag-time reporting benchmarking to reduce claim costs. |
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| Years | Employer | Title | Department |
| Years: 1989 to 1990 | Employer: Kemper Insurance | Title: Systems and Business Analyst | Department: Corporate Claim Department |
Responsibilities:Expert coordinated system development and implementation for the national claim and litigation operations serving 117 claims and law offices. |
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| Years | Employer | Title | Department |
| Years: 1986 to 1989 | Employer: Kemper Insurance | Title: Multi-line Claims Representative | Department: Claim Department |
Responsibilities:Expert was a multi-line field Claims Representative. |
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| Years | Employer | Title | Department |
| Years: 2009 to Present | Employer: Undisclosed | Title: Senior Placement Specialist | Department: Casualty |
Responsibilities:Risk analysis and program placement for commercial and corporate risk management programs |
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International Experience
| Years | Country / Region | Summary |
|---|---|---|
| Years: 1997 to 1997 | Country / Region: United Kingdom | Summary: Expert was the project manager for an ERM consulting project that included an analysis of the UK operations of a US-based global corporation. |
| Years: 2004 to 2004 | Country / Region: Mexico | Summary: Expert was a lead consultant on an ERM project for a major energy organization based in Mexico City. |
Career Accomplishments
| Associations / Societies |
|---|
| Expert is a Director of the Nevada Captive Insurance Association, a member of the Arizona Captive Insurance Association, a member of the Captive Insurance Companies Association, and a Director/Treasurer of the Anthem Highlands Homeowners Association. |
| Licenses / Certifications |
|---|
| Expert is a licensed insurance broker in AZ, CA, CO, ID, NM, NV, OR, TX, UT, and WA. |
Fields of Expertise
enterprise risk management, risk assessment, project risk management, risk management, exposure assessment, auto insurance, business insurance, casualty insurance, claims made policy, commercial insurance, excess and surplus insurance, insurance, insurance claim handling, medical malpractice, professional liability, self-insurance plan, workers' compensation, funding, statistics, sensitivity analysis, allocation modeling, cost modeling, financial modeling, forecasting, modeling, simulation, trend forecasting, cash flow modeling, financial forecasting