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Insurance Management

Location:
Carol Stream, IL, 60188
Posted:
May 14, 2010

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Resume:

DANIEL T. MORRIS, CPCU, ARM

**** ******* **** *****

630-***-**** Home

Carol Stream, Illinois 60188 `

630-***-**** Cell

http://www.linkedin.com/in/danieltmorris

*******@***.***

SUMMARY

Senior Risk Management executive with expertise in identifying and

analyzing corporate risk and utilizing definitive risk management tools to

mitigate, eliminate, or insure risk exposures in the service, retail, and

manufacturing industries. Skilled negotiator of insurance placements in

both U.S. and International marketplaces to provide the broadest

comprehensive coverage at the most efficient price. Committed to developing

cost effective insurance programs for the business environment.

PROFESSIONAL EXPERIENCE

BRUNSWICK CORPORATION, Lake Forest, IL

2007-2009

World's largest manufacturer of pleasure boats, Mercury engines, Bowling

and Billiards, and Life Fitness equipment with manufacturing and

warehousing operations throughout the United States and the world.

Director of Risk Management (2007- 2009)

Directed all Risk Management functions, reporting to the VP and Treasurer,

including placement of property and casualty programs executive risk

coverage, international insurance, stock through put, and the boats-a-float

plans. Responsible for the Bermuda captive and was on the Board of

Directors of United Insurance Company of the Cayman Islands, an

international re-insurer of which Brunswick is an owner.

. Placed a worldwide Credit Insurance Program combining fragmented

pieces into one program.

. Saved over $1 million on each of the property/casualty renewals in

2008 and 2009 in a depressed insurance market seeking rate

increases.

. Arranged unique premium financing options for significant cash

flow savings after credit rating agency downgrades of the company.

. Placed professional errors and omissions coverage for Brunswick

Acceptance Corporation and customer financing arms of the business

to protect boat financing efforts.

. Administered SOX 404 reporting on six Risk Management categories

quarterly as part of over all corporate compliance requirements.

THE SERVICEMASTER COMPANY, Downers Grove, IL

1977 - 2006

Major consumer services and franchising company, parent of ServiceMaster

Clean, Terminix, TruGreen ChemLawn, TruGreen LandCare, Instar, Merry Maids,

American Home Shield, Amerispec, Furniture Medic, American Mechanical

Services, American Residential Services/Rescue Rooter, and ServiceMaster

Management Services.

Vice President Risk Management (1987 - 2006)

Directed all risk identification, analysis and insurance purchases for nine

distinct business units each with their own unique profiles with a combined

cost of risk of over $100 million. Contributed to the Enterprise Risk

Management process by working with the various business disciplines on an

ongoing basis.

. Saved $28 million over a nine year period by placing multi-year

programs with stable deductibles in a time of rising prices and higher

deductible pressures.

. Placed a manuscripted comprehensive casualty insurance program by

negotiating terms and conditions with brokers and carriers for a

40,000 employee workforce with 24,000 vehicles in all 50 states and

several foreign countries.

. Assured management of no hidden liabilities by providing risk exposure

evaluations of all potential acquisitions and divestitures prior to

closing as a contributor of the mergers and acquisitions team.

. Accelerated the deductibility of claim reserves and combined all

insured risks by establishing a Vermont captive insurance company

capitalized by over $600 million. Served on the Board of Directors.

. Identified insurance program stability and spread of risk by placing

coverage in both the U.S. and international insurance marketplaces.

. Insured franchisee insurance compliance and uniformity to license

agreements by establishing a comprehensive casualty insurance product

for purchase which includes specific mold coverage.

. Designed an aviation insurance coverage program in a difficult U.S.

and European marketplace which aided the launch of an aviation ground

handler service to the airlines with revenues of $100 million.

. Avoided unforeseen adverse reserve adjustments by active participation

in quarterly actuarial reviews with each business unit.

Vice President of Risk Management and Administrative Services (1985 - 1987)

Responsible for all risk management functions along with corporate real

estate, word processing, corporate communications, building, grounds and

security. Managed two departments with over 25 people.

Assistant Vice President of Risk Management, Safety and Security (1977 -

1985)

Provided all Risk Management functions for the contract management services

company serving approximately 2,500 hospitals, schools, long-term care,

industrial facilities and home cleaning franchises.

WALGREEN COMPANY, Deerfield, Illinois, Insurance Analyst, Assistant Store

Manager

S.S. KRESGE (K Mart Inc.), Denver, CO, Assistant Store Manager

INSURANCE SCHOOL OF CHICAGO, Chicago, IL Risk Management Instructor

EDUCATION

MA, Business Administration, Western State College of Colorado, Gunnison,

CO,

BA, Business Administration, Western State College of Colorado, Gunnison,

CO,

CERTIFICATIONS

CPCU, Chartered Property and Casualty Underwriter Designation

ARM, Associate in Risk Management

IIA, Certificate of General Insurance

Illinois State Insurance Broker Licenses,

Property, Casualty, Life

PROFESSIONAL AFFILIATIONS

Chicago Chapter of Risk and Insurance Management Society

West Suburban Chicago Chapter of the Chartered Property and Casualty

Underwriters

National Safety Council

Illinois Safety Council Board of Directors, 1990 - Present

Illinois Safety Council Chairman, 1999 - 2000

Zurich Insurance Company Risk Management Council, 1995 - 2002

Willis Risk Management Council, 1994 - 2000

National Board of Directors of the Risk and Insurance Management Society,

1985 - 1987

President of the Chicago Chapter of RIMS, 1983 - 1984

Knights of Columbus and St. Vincent DePaul Society

PRESENTATIONS

"Fundamentals of Risk Management Finance," Insurance School of Chicago,

Annually since 1985, REBEX Conferences -annually since 1985

"Safety and Insurance Concepts for the ServiceMaster Franchisee,"

ServiceMaster National Franchise Convention, Washington DC, 2005

"You Bought/Sold What - Mergers, Acquisitions and Divestitures," National

RIMS Conference, 2004/2005

"E-Commerce Risk Profiles," Illinois State University, Katie School of

Insurance, 2001

"Issues Confronting Today's Risk Manager, A Myriad of Choices in Changing

Insurance Markets,"

14th Annual Windy City Summit, Chicago, IL, 2000, International

Association of Defense Counsel, Hamilton,, 1997Eighth Annual Insurance

Symposium, Hinshaw Culbertson PC, Chicago, IL, 1996



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