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Insurance Manager

Location:
Mt Pleasant, SC, 29466
Posted:
March 18, 2011

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Resume:

Michael F. Mather *******@*********.***

**** ******* ***** *** ( Mount Pleasant, SC 29466 Cell 843-***-**** (

Home 843-***-****

o PROFILE

. Reinsurance Executive

. Business Development

. Finance

. Underwriting

. Mergers & Acquisitions

. Integration

. Audit

. Executive Management

o EDUCATION

MBA

Suffolk University

BA

Colby College

o Professional Experience

Independent Consultant 2002 - Present

* Expert witness in various Lloyd's Workers' Comp actions.

Odyssey America Re, Stamford, CT

Executive Vice President / member of the Board of Directors 1997-2002

o Based in London, was responsible for a $140M book of US E&S "binding

authority" business and the $85M Alternative Risk Transfer (ART)

reinsurance portfolio of Odyssey Re-Bermuda.

o Instituted a formal "peer review" internal audit function.

o Appointed President of Hudson Insurance Co. with it's $45M book of

program insurance premium and also assigned responsibilities for all

US casualty facultative operations, then generating $35M of single

risk premium and $30M of 'facultative program' business.

o Subsequent to the acquisition of TIG Re in March 1998, designated as

the only Executive VP/Underwriting and nominated to the newly

constituted Board of Directors of Odyssey America Re.

o Under my direction all activities were shifted to a single Manhattan

location in July 1999. Under my supervision, No. American Program

Division (NAPD) substantially re-underwrote all existing business,

subject to newly manuscripted guidelines and referral criteria.

o Instrumental in placing the London and Bermuda companies in orderly

run-off and collapsing a facultative branch structure into a single

location.

o Successfully integrated program reinsurance capacity with paper

issuing capability.

o Eliminated many sub-performing positions replacing them with high

quality staff in a newly reinvigorated corporate culture based on the

concept of teamwork, technology and underwriting profit.

o Successfully re-tooled a loss producing network into a streamlined and

profitable structure.

Trenwick America Reinsurance Corp., Stamford, CT

Senior Vice President / Board of Directors 1986-1997

o Member of Policy Committee and Marketing Committee.

o Formalized underwriting guidelines and marketing activities for treaty

business.

o Key member of internal audit/underwriting referral team. Casualty

dominated, also generated new product lines (finite R/I and

Satellites).

o Nominated as U.K. team leader in pursuit of potential acquisitions.

o Served as referral underwriter to general staff.

o Prior to 1988, held underwriting responsibilities at Trenwick

Syndicate Corp. and under contract with XL Insurance Co. in Bermuda.

o External underwriting audits (pre & post-binding) formed an integral

part of the underwriting process.

Previous Work History

Ancon Insurance Co., S.A, Hamilton Bermuda

Senior Underwriter - Established new assumed R/I department for Exxon

Corp.

Lexington Insurance Co., Boston, MA/London, England

North America Casualty Manager

Norfolk & Dedham Mutual Fire Insurance, Dedham, MA

Property & Casualty (SMP) underwriter



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