Michael J. George
** **** *****, *******, *** Jersey 07465 . ***********@*****.***
973-***-**** cell . 973-***-**** home
Professional Summary
Senior Property & Casualty Claim Insurance Executive experienced in the
management of a $1 billion claims portfolio. Proven track record of
ensuring the successful resolution of multi-line, high severity losses in a
wide range of business areas, including general liability, commercial
automobile, and trucking liability. Extensive experience with
multi jurisdictional litigation management. Expert at capitalizing on
opportunities to improve profitability and achieve key objectives. Team
builder with superior decision-making capabilities who excels at managing
multiple concurrent activities, including litigation, compliance,
evaluations, negotiations, and workflow automation in a large, complex
claims operation. Exceptional communications skills honed dealing with
various brokers, agencies, legal institutions on litigation, as well as
crisis and risk management initiatives to minimize exposure.
Core Competencies
. Multi line strategies & litigation management
. Compliance
. Business metric development & execution
. Innovative claims management applications / development
. Organizational design & performance enhancement
. Customer service / client satisfaction & retention
. Acquisition due diligence
. Business planning forecasting & budgeting
. Loss severity & expense control
. Accuracy & timing of reserve evaluation
. Multi-jurisdictional coverage application
. Recruiting & developing claims talent
. Risk management
. Data analysis
Work Experience
XL Reinsurance Company, Stamford, Connecticut October 1997 - June 2014
Vice President, Primary Claim Manager
. Lead claim position for Greenwich Insurance Company and Indian Harbor
Insurance (primary insurance companies which are subsidiaries of XL
Reinsurance).
. Responsible for the external and internal management of the Claim
Department for both companies, including recruitment, training, and
supervision of the internal claim staff.
. Manage and develop claim handling procedures.
. Evaluate claim operations of business partners and develop more
effective claim handling procedures.
. Participate with management team to develop and evaluate new policy
forms and insurance produces.
. Provide technical expertise drafting insurance policies.
. Negotiate contract for handling claims with claim administrators and
managing general agents, including referral guidelines to the
insurance companies.
. Manage and control the claim handling and procedures resolving
activities of staff adjusters and external claim administrators.
. Document internal controls with respect to Sarbanes-Oxley.
. Perform audits at the claim administrators.
Reliance National Risk Services, New York, New York November 1992 -
October 1997
Claim Account Manager, Risk Management Division
. Responsible for the management of the insurance program for various
National Risks in the construction, retail, and manufacturing
industries (50 state venue).
. Act as liaison to Corporate Risk Managers, Underwriters, and Brokers
in the domestic and London markets.
. Developed Loss Control, Insurance, and Safety programs for clients.
. Managed third party administrators handling claims to ensure adherence
to the program outline and quality of claim handling.
. Verify MSI systems are utilized to maximum efficiency.
. Select and negotiate contracts with third party administrators.
. Assist producers in development of presentations of renewal strategies
for existing and potential clients.
. Coordinated Managed Care Programs between the provider and clients.
. Conduct account review with clients and brokers, including review of
claims history and status.
. Maintain diary of complex issues and provide directive to claims
examiner and/or consultants.
. Involved in selection of defense counsel, including negotiation of
fees and maintenance of activities to assure that the guidelines of
the RNRS litigation program are being adhered to.
. Analyzed and presentation of determinations of coverage issues.
Education & Training
Niagara University, Niagara Falls, New York 1983
Bachelor of Science - Specialization in Business Marketing