Insurance Director
Resume:
Donald P. Koch, CIE, MCM (Principal)
Juneau, AK 99801
302-***-**** (cell)
***.****@**************.***
*****@******.***
EXPERIENCE
**** - ******* **************, L.L.C., Southlake, TX
Principal, Director of Examinations
Provide financial and market conduct examination and compliance
services to state insurance departments and to insurers. Prepare
examination process for states and supervise implementation
including selection and training of examiners. Facilitate financial
examinations and conduct or supervise market conduct
examinations.
1997 - 2007 North Star Examinations, Inc., Juneau, AK
Contract Director of Market Regulation and Supervising Examiner
Managed market conduct examination and compliance projects on
behalf of state insurance departments. Managed and participated
in all phases of the examination process. North Star Examinations,
Inc accepted examination assignments from Regulatory Insurance
Services, Inc. of Dover, DE, the examination administration
contractor for the State of Delaware, and from INS Regulatory
Insurance Services, Inc. of Philadelphia, PA for states other than
Delaware.
1969 - 1997 Division of Insurance, State of Alaska, Juneau, AK
Chief of Market Surveillance
Supervised, guided and managed the physical and personnel
resources of the market surveillance section, including assignment
of tasks, allocation of resources to projects or duties, direction, and
training. Provided leadership, education, and training for insurance
analysts. Developed the information systems needed as a data
Koch Resume Page 2
resource for the research, examinations, reviews and other
activities conducted by the market surveillance section. Supervised
the identification, analysis, and research of trends in market activity
based upon examinations conducted by Alaska and by other states,
consumer complaints, and citizen inquiries.
Led or supervised market conduct examinations of insurers,
producers, surplus lines brokers, adjusters and managing general
agents. Prioritized, planned, and scheduled market conduct
examinations including the methodology and procedures used by
examiners. Devised the standards, tests and reviews used in an
examination for the areas to be examined.
Supervised the review and analysis of policy forms and contracts
for all lines of insurance. Assigned lines of insurance to available
analysts and provided policy direction. Designed and implemented
procedures and methodology used by analysts in such reviews.
This function required current knowledge of policy construction,
applicable law, and regulations, historical developments, court
decisions and applicable NAIC models. The forms upon analysis
were approved, disapproved, or questioned.
Developed legislative and regulatory solutions to complex industry
problems and issues. Lead or participated in Division, legislative,
state and national task forces, committees, and working groups
researching and resolving these issues. Much of the work was
done in conjunction with other states through the NAIC, industry
professionals, and consumers.
Responded or supervised responses to written and verbal inquiries
from the general public, the insurance industry and other
government agencies. Participated in, or conducted regulatory and
administrative hearings. Represented the Division before the
general public, industry groups and other parties by giving
presentations, speeches, training and presenting articles.
1990 Division of Insurance, State of Alaska, Juneau, AK
Deputy Director of Insurance (Concurrent Position)
Managed Juneau office of the Alaska Division of Insurance.
1987 - 1988 Division of Insurance, State of Alaska, Juneau, AK
Special Deputy Director of Insurance (Concurrent Position)
Koch Resume Page 3
Managed special assignments made by the Director of Insurance.
1988 Division of Insurance, State of Alaska, Juneau, AK
Acting Director of Insurance (Concurrent Position)
Managed Division during health related absence of appointed
Director.
1968 - 1969 Alaska Pacific Assurance Company, Juneau, AK
Underwriting Manager
This Company wrote most of the logging operations in Alaska as
well as a coal mine and a paper pulp mill. Lines of business were
Workers Compensation and General Liability. Selected business to
be written by Company; developed and implemented procedures to
test premium levels; conducted payroll audits; made rate and form
filings with state; reported statistics; and prepared bids for new and
renewal business. Assisted in reinsurance negotiations both
facultative and treaty. Developed successful worker s compensation
insurance bid for the TransAlaska Pipeline.
1962 - 1968 General Accident Assurance Group, Camden, NJ
Casualty Underwriter
Selected business to be written by company. Primarily dealt with
casualty lines of business.
1966 - 1968 Self Employed, Bellmawr, NJ
Insurance Broker
Placed insurance for clients. Primarily dealt with personal lines and
small to medium sized commercial accounts.
1960 - 1962 Insurance Company of North America
Rating Clerk
Rated automobile insurance policies and endorsements.
1957 - 1960 United States Marine Corps
Enlisted - Honorable Discharge
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PROFESSIONAL CREDENTIALS
Nov. 2007 Market Conduct Management (MCM)
Insurance Regulatory Examiners Society
1988 Certified Insurance Examiner (CIE)
Insurance Regulatory Examiners Society
1987 Founding Member
Insurance Regulatory Examiners Society
1987 Insurance Commissioners School
National Association of Insurance Commissioners
TEACHING AND INSTRUCTIONAL EXPERIENCE
2009 Ohio Insurance Department
Presentation: How to Perform Risk Focused Market Conduct
Examinations
2007 Insurance Regulatory Examiners Society
Presentation: Hocus Pocus Risk Focused
2005 Delaware Department of Insurance
Presentation: Baseline Examinations Applied Corporate
Governance
July 2003 Ohio Department of Insurance
Presentation: Targeting Market Conduct Examinations to an
Insurers Management Style and Structuring an Examination
Program
2002 Delaware Department of Insurance
Presentation: Regulating the Marketplace
1992 - 1997 National Association of Insurance Commissioners
(Numerous programs and presentations)
1987 Present Insurance Regulatory Examiners Society
(Numerous programs and presentations) (Assisted in drafting and
presenting the Regulating the MarketPlace school)
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July 1998 American Council of Life Insurance
Presentation: Avoiding Pitfalls in a Market Conduct Examination
October 1997 Alliance of American Insurers
Presentation: Preparing for a Market Conduct Examination
December 1994 Society of CPCU
Presentation: The Market Conduct Examination Process
OTHER
Regular attendee of IRES CDS, IRES Foundation Market
Regulation School, AICP Conference and NAIC Meetings.
EXAMINATIONS
Lead or supervised approximately 235 market conduct
examinations during my career. A list of these examinations is
available on Request.
REFERENCES
A list of references is available on request.
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