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Management Insurance

Location:
Liberty, NC, 27298
Posted:
March 18, 2013

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Resume:

JOHN J. BENNETT, J.D., CPCU

***** **** **** ******* **.

Liberty, NC 272**-***-*** 2446

EMPLOYMENT HISTORY

*/**-******* **** ********** and Design (RED)

Director of Risk Management Services

Rejoined my partners from Doyle Partners to help

found RED, which is a

wholly-owned MGU for State Auto Insurance Company.

Since inception, RED

has produced $300 mm GWP in program, captive and

reinsurance business on

behalf of State Auto. My responsibilities with this

start-up venture have been

multi-faceted and all encompassing and include:

. Overall management of RED's operations

. Nationwide account production

. General counsel/claim counsel duties

As RED grew and developed my

claim management role greatly expanded to

Include the following:

1) Conducting continuous pre-quote and

follow-up claim reviews to validate and

measure Program claim results

2) Management of a nationwide 14,000-plus

largely Program claim book

3) Development and management of all TPA

relationships. This included initial

TPA approvals, execution of Claim

Service Agreements and oversight of the

TPA data feed process.

4/08-6/09 MCNEIL & COMPANY, INC

Director of Claims

Managed McNeil's in-house TPA

which administered the McNeil claim book

nationwide. The McNeil MGA is a

leading provider of insurance

programs for emergency service

organizations and other specialty niche

markets such as medical equipment,

commercial fire suppression,

outdoor and recreation insurance

and wild land fire suppression, The

McNeil TPA handles the claims related to these

programs. This is a

complex and volatile multi-line claim book involving

general liability, auto

liability, property, workers compensation and

products liability. With the

possible exception of certain Tillinghast consulting

assignments, this was

probably my most challenging assignment from a

technical claim

handling perspective.

7/05/-4/08 DOYLE PARTNERS

Partner

Partner in consulting firm

specializing in alternative risk solutions. The firm

consulted on everything from

guaranteed cost programs and pure self insurance

to captive formations and the

long term creation of specialty insurance

companies. Doyle Partners

assisted in strategic review, the creation of

alternative risk vehicles,

reinsurance planning/design, paper consultation

and analysis of market support

and a multitude of risk transfer tasks.

For the final two years of the

firm's tenure, we worked with a large MGA/TPA

in this capacity. Personally I

acted as Director of Claims for this MGA/TPA

running all claim operations

while also conducting assignments for other clients.

3/02-7/05 ARCH INSURANCE COMPANY

Senior Vice President

Member of management team of

Arch's Captive Division. Over this 3 year

period I helped develop this

new franchise and personally produced over

$150,000,000. in single

parent and group captive business. In addition, I

managed the TPA's that handled

our claims nationwide.

11/98 - 2/02 Alea Alternative Risk

Senior Vice President

Managed and implemented the U.S.-based activities for this

Alternative Risk Reinsurer. Primarily, I produced

Program deals and developed a claim operation that

handled serious claims and provided claim oversight to

TPAs nationwide. Member of management team directing

claim, compliance, underwriting and finance activities.

4/91 - 11/98 Discover Reinsurance

Senior Vice President-Claim

Counsel

1/97-11/98 Lead producer for Discover's Special Marketing Group which

concentrated on captive business - group, association,

agency and Rent-a-Captives. Produced and managed well

over $100 million book of Program Captive business. In

addition, I continued to manage Discover RE's claim

operations which I had developed in 1991.

4/91-1/97 Developed and implemented Discover's claim process. Hired

and trained claim/legal staff. Structured nationwide

"unbundled" claim operation with Third Party

Administrators and self-administered claim operations.

Handled and managed several thousand potentially

catastrophic claims.

3/88-4/91 Tillinghast, a Towers Perrin Company

Consultant

Consulted on many major projects involving corporations,

insurance companies and public entities. Involved in a

wide variety of claim, legal, risk management and

actuarial issues. Developed an expertise in case-based

claim reserving and claim management.

11/80-3/88 Home Insurance Company

Member of the Home's executive training, Intern Program. Held

legal, claim adjusting, supervisory and claim management

positions in the Home's Philadelphia, New York City and

San Francisco Field Offices. Final position with the

Home involved running its California claim operations.

EDUCATION Columbia University, BA - English

Case Western Reserve University - School of Law, J.D.

CPCU

Admitted to the Bar - New York, California, Pennsylvania and

Virginia

Licensed Nationwide 50 State Broker



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