Bob Grimaldi, CPCU, ARM
Senior Property Underwriter at Insur-Fi- Claim this Profile
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Bio
Arthur Harris
Bob is a very knowledgeable insurance professional. Honest, trust worthy and a dynamic leader. I learned a lot working with him.
Arthur Harris
Bob is a very knowledgeable insurance professional. Honest, trust worthy and a dynamic leader. I learned a lot working with him.
Arthur Harris
Bob is a very knowledgeable insurance professional. Honest, trust worthy and a dynamic leader. I learned a lot working with him.
Arthur Harris
Bob is a very knowledgeable insurance professional. Honest, trust worthy and a dynamic leader. I learned a lot working with him.
Credentials
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CPCU, ARM
Insurance Institute of America
Experience
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Insur-Fi
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United States
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Insurance
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1 - 100 Employee
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Senior Property Underwriter
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Jul 2022 - Present
Assist in the creation of a new Property MGA. Provide Underwriting expertise in all facets of Commercial Property Insurance. Assist in the creation of a new Property MGA. Provide Underwriting expertise in all facets of Commercial Property Insurance.
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Coaction Global
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United States
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Insurance
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200 - 300 Employee
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Senior Property Underwriter
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Aug 2021 - Jun 2022
Coaction Global (Coaction) is an A.M. Best “A‐“(Excellent)‐rated, property and casualty (P&C) insurance company. Founded in 2009 as ProSight Global, Coaction today is a specialty underwriter providing property, casualty, entertainment, executive liability, and multi‐line coverages to U.S. customers via open brokerage and delegated underwriting authority platforms. Coaction’s authentic, results‐oriented culture is reflected in the company’s focused approach to fulfilling individual customer needs by combining product, analytics, and underwriting capabilities with strong industry knowledge and partnerships. Through data‐driven insights and collaboration, the company coacts with customers and partners to rationally manage risk for a more confident and sustainable future. Senior Property Underwriter of a new Start-up for E&S middle market property. Created new strategic wholesaler partnerships. Produced over $7,000,000 in premium in 4 months. Utilize facultative reinsurance to reduce cat exposure. Create unique solutions based on attachment point and needed limits.
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Validus
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Professional Training and Coaching
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Property Underwriter
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Nov 2018 - Aug 2021
Commercial E&S Property Underwriter specializing in writing primary and excess middle market property accounts for national wholesalers. Commercial E&S Property Underwriter specializing in writing primary and excess middle market property accounts for national wholesalers.
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Nationwide Insurance Company
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Insurance
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500 - 600 Employee
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Commercial Brokerage Large Lines Property Underwriter
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Mar 2017 - Nov 2018
Large lines E&S property brokerage underwriter for national wholesale brokers, specializing in multi-billion schedules and layered programs with unique coverages, risk parameters, etc. Utilize cat modeling software to determine, PML, AAL, attachment point, premiums and other mitigating factors to profitably underwrite and price accounts Large lines E&S property brokerage underwriter for national wholesale brokers, specializing in multi-billion schedules and layered programs with unique coverages, risk parameters, etc. Utilize cat modeling software to determine, PML, AAL, attachment point, premiums and other mitigating factors to profitably underwrite and price accounts
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Wholesale Brokerage Property Director
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Jul 2014 - Mar 2017
Created a wholesale brokerage property division for one of the largest private MGA’s in the country to capture business that did not qualify for their programs. This consisted of principally cat driven E&S property. Hired, managed and led a team of brokers and assistants remotely, throughout multiple states to produce, service and manage new/renewal business. Created procedures to implement and facilitate integration with existing Corporate departments. Produced, solicited, marketed, placed and serviced all commercial property accounts consisting of all E&S commercial property & casualty business. Created our own Umbrella MGA with binding authority. Obtained multiple Carrier appointments and established new long term relationships with brokers and Carriers.
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NAPCO LLC
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United States
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Armed Forces
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1 - 100 Employee
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Commercial Wholesale Insurance Producer/Broker
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Jan 2013 - Jul 2014
Produced, brokered, solicited, marketed, placed and serviced all commercial property accounts, consisting of all national accounts and large commercial business, specializing in catastrophic perils for all types of commercial business, specifically difficult to place E&S type risks. Created multiple large multi-layered loss limits programs with unique coverages, reporting periods and captive buyback solutions for both wind and fire perils. Produced over $900,000 in revenue over 2 years. Obtained multiple Carrier appointments and grew revenues 500%.
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Trilogy Risk Specialists, LLC
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Insurance
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1 - 100 Employee
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Commercial Insurance Wholesale Broker/Producer
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Apr 2011 - Jan 2013
Produce, broker, solicit, market, place and service all commercial property accounts, consisting of all Gulf Coast and East Coast commercial business, specializing in catastrophic perils for all types of commercial business, specifically difficult to place risks, marinas, habitational, large multi-layered loss limits programs. Created Property captives for deductible buyback programs. Created and developed habitational loss limit programs, as well as a $200,000,000 municipality program. Performed full range of Property Broker Duties for National Accounts, multi billion dollar large lines layered programs for Company’s largest Producer (exceeding $125,000,000 book of business.) Duties consisted of strategizing renewal options, marketing, layer breakout determination, application and proposal preparation, underwriter and retailer negotiations, coverage selection, risk management analysis, daily servicing, endorsement and invoice issuance, policy review, surplus lines tax filing and compliance.
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Worldwide Facilities, LLC
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United States
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Insurance
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1 - 100 Employee
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Senior Commercial Property Producer/Broker
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Dec 2007 - May 2010
Produce, broker, solicit, market, place and service all commercial property accounts. Established a Property Division for all Gulf Coast and East Coast commercial business, specializing in catastrophic perils for all types of commercial business, specifically difficult to place risks, large multi-layered loss limits programs. Opened additional markets and established new Carrier appointments. Produced over $450,000 in revenue and $7,000,000 in new business premium the first two years Produce, broker, solicit, market, place and service all commercial property accounts. Established a Property Division for all Gulf Coast and East Coast commercial business, specializing in catastrophic perils for all types of commercial business, specifically difficult to place risks, large multi-layered loss limits programs. Opened additional markets and established new Carrier appointments. Produced over $450,000 in revenue and $7,000,000 in new business premium the first two years
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Large Lines Senior Property Broker
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Oct 2006 - Nov 2007
Performed full range of Property Broker Duties for National Accounts, multi billion dollar large lines layered programs for Company’s largest Producer (exceeding $125,000,000 book of business.) Duties consisted of strategizing renewal options, marketing, layer breakout determination, application and proposal preparation, underwriter and retailer negotiations, coverage selection, risk management analysis, daily servicing, endorsement and invoice issuance, policy review, surplus lines tax filing and compliance.
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Commander U.S Naval Officer
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Apr 2005 - Jan 2006
I was recalled to Active Duty to lead the Navy Command Operations Center for the European Theatre in support of the global war on terrorism. As Battle Watch Captain, I led, supervised, directed and managed a watch team of active duty naval employees and 4,800 total personnel. Compiled, organized and recommended specific strategic and operational courses of action through analysis, consultation and response to immediate crisis situations to U.S. and Allied forces in the European theatre to mitigate operational hazards, terrorism, expedite disaster response, maximize safety & eliminate property damage. Initiated action to successfully complete command directives.
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AVP, Property & Casualty Wholesale Broker
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Jan 2003 - Apr 2005
Produce, broker, solicit, market, place and service all commercial property and casualty accounts. Created a middle market wholesale brokerage division specializing in all lines of coverage for mid to large apartments, condominiums, hotels, motels, commercial LRO, manufacturing and restaurants. Initiated agency appointments with select Carriers. Results: Quoted over ten million in premium dollars the first year in operation. Produce, broker, solicit, market, place and service all commercial property and casualty accounts. Created a middle market wholesale brokerage division specializing in all lines of coverage for mid to large apartments, condominiums, hotels, motels, commercial LRO, manufacturing and restaurants. Initiated agency appointments with select Carriers. Results: Quoted over ten million in premium dollars the first year in operation.
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I.G.I.S.
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Italy
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Real Estate
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President, CEO
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Jan 1999 - Aug 2002
Created and started up a full-service world-wide specialized commercial insurance brokerage company for online gaming and prize indemnification. Produced over $9,000,000 in premium volume by the second year. Solicited, negotiated and sold unique, one of a kind, policies to clientele. Built trust and long-term relationships with clients and specialty wholesalers, London brokers and numerous insurers to provide unique solutions for many different types of businesses. Researched market to find unique coverages for new business concept and viability as a niche market. Prospected, marketed and advertised on-line to increase sales and minimize costs. Determined when clients changed from traditional risk transfer to self-insurance. Negotiated with TPA’s and claims managers to establish acceptable methods to safeguard successful claims payment. Created a first-of-its-kind annuitized contract and game of chance surety bonds.
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Education
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1988 - 1992
Insurance Institute of America
A.R.M.; C.P.C.U., Risk Management -
1979 - 1983
United States Merchant Marine Academy
Bachelor's degree, Nautical Science -
1979 - 1983
United States Merchant Marine Academy
B.S., Nautical Science
Community
