Chase Young
CEO of Cranmore (US) at Cranmore- Claim this Profile
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Bio
Experience
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Cranmore
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United Kingdom
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Information Technology & Services
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1 - 100 Employee
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CEO of Cranmore (US)
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Jan 2020 - Present
Executive leadership of Enstar (US)'s technical and management consulting arm, Cranmore, focusing on claims management, Enstar (US) strategy, and M&A. Continue being head of Cranmore Claims Shared Services including TPA Management, Cranmore Claims Technical Directors, QA, SIU, Subrogation & Salvage, and California WC lien. Maintain a technical claims role being Head of Asbestos, Pollution, and Health (APH) Claims for Enstar (US) with circa $2B in gross reserves, TPA claims with… Show more Executive leadership of Enstar (US)'s technical and management consulting arm, Cranmore, focusing on claims management, Enstar (US) strategy, and M&A. Continue being head of Cranmore Claims Shared Services including TPA Management, Cranmore Claims Technical Directors, QA, SIU, Subrogation & Salvage, and California WC lien. Maintain a technical claims role being Head of Asbestos, Pollution, and Health (APH) Claims for Enstar (US) with circa $2B in gross reserves, TPA claims with circa $1.5B in gross reserves, and commercial auto at circa $425M. Significant experience in alternative risk underwriting including collateral relief reinsurance, fronting arrangements (both writing and reinsuring), and ILS. Particular knowledge in WC where I underwrote profitable program business for 4 years. I was also liaison for a corporate investment of a WC start-up helping to add rigor to underwriting, actuarial pricing, and claims processes. The investment was sold at a profit. In addition, I was a key member of a small team that developed a new property ILS program arrangement with a leading ILS firm and was involved with underwriting, cat modeling, pricing, reinsurance purchasing, and claims. Previously, I had worked as an external consultant for multiple years for ILS and property reinsurers. Show less Executive leadership of Enstar (US)'s technical and management consulting arm, Cranmore, focusing on claims management, Enstar (US) strategy, and M&A. Continue being head of Cranmore Claims Shared Services including TPA Management, Cranmore Claims Technical Directors, QA, SIU, Subrogation & Salvage, and California WC lien. Maintain a technical claims role being Head of Asbestos, Pollution, and Health (APH) Claims for Enstar (US) with circa $2B in gross reserves, TPA claims with… Show more Executive leadership of Enstar (US)'s technical and management consulting arm, Cranmore, focusing on claims management, Enstar (US) strategy, and M&A. Continue being head of Cranmore Claims Shared Services including TPA Management, Cranmore Claims Technical Directors, QA, SIU, Subrogation & Salvage, and California WC lien. Maintain a technical claims role being Head of Asbestos, Pollution, and Health (APH) Claims for Enstar (US) with circa $2B in gross reserves, TPA claims with circa $1.5B in gross reserves, and commercial auto at circa $425M. Significant experience in alternative risk underwriting including collateral relief reinsurance, fronting arrangements (both writing and reinsuring), and ILS. Particular knowledge in WC where I underwrote profitable program business for 4 years. I was also liaison for a corporate investment of a WC start-up helping to add rigor to underwriting, actuarial pricing, and claims processes. The investment was sold at a profit. In addition, I was a key member of a small team that developed a new property ILS program arrangement with a leading ILS firm and was involved with underwriting, cat modeling, pricing, reinsurance purchasing, and claims. Previously, I had worked as an external consultant for multiple years for ILS and property reinsurers. Show less
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Enstar (US) Inc.
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United States
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Insurance
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1 - 100 Employee
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EVP, Head of Cranmore US & US Head of Technical Claims
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Apr 2018 - Dec 2019
Additional role as US Head of Technical Claims for Enstar with a portfolio of over $6B in gross reserves across a range of lines. Responsibilities include ensuring the claims handling strategy is consistent with business objectives, claims handling guidelines, and legal/regulatory requirements. In addition, continue to lead Claims Shared Services departments including litigation management, subrogation & recovery, QA, SIU, and CA WC lien. Additional role as US Head of Technical Claims for Enstar with a portfolio of over $6B in gross reserves across a range of lines. Responsibilities include ensuring the claims handling strategy is consistent with business objectives, claims handling guidelines, and legal/regulatory requirements. In addition, continue to lead Claims Shared Services departments including litigation management, subrogation & recovery, QA, SIU, and CA WC lien.
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Cranmore US
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United States
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Insurance
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1 - 100 Employee
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Executive Vice President, Head of Cranmore US
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Jul 2016 - Apr 2018
Cranmore US is a specialist (re)insurance consultancy firm with 20+ staff providing a wide-range of services to clients including conducting technical reinsurance inspections, commutation valuations and negotiations, litigation support, due diligence / pre-acquisition reviews, investigations, project management, technical accounting reviews, claim reviews, underwriting reviews, subrogation management, and TPA/MGA/Binding authority reviews.
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Senior Vice President, Head of TPA Management
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Apr 2015 - Jul 2016
*Head of TPA Management with responsibility for over $1B in gross liabilities nationally. *Development of Claims QA and Management Consulting programs for Enstar US. *Project manager for onboarding and integration of several material acquisitions.
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Vice President
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Sep 2014 - Apr 2015
(Re)insurance consultant working on wide-ranging projects, with highlights including: • Work on a number of major pre-acquisition due diligence reviews for all lines (P&C, Life, A&H) and including providing expert insurance/reinsurance reports (claims, underwriting, and reinsurance) for purchasers and equity funds. Total assets in individual due diligence targets have exceeded $1B on multiple occasions. • Lead reinsurance claims professional on comprehensive audit and inspection… Show more (Re)insurance consultant working on wide-ranging projects, with highlights including: • Work on a number of major pre-acquisition due diligence reviews for all lines (P&C, Life, A&H) and including providing expert insurance/reinsurance reports (claims, underwriting, and reinsurance) for purchasers and equity funds. Total assets in individual due diligence targets have exceeded $1B on multiple occasions. • Lead reinsurance claims professional on comprehensive audit and inspection programs of major Property Reinsurance cedents. • Valuation consultant for over $125M in successfully commuted reinsurance asset. Show less (Re)insurance consultant working on wide-ranging projects, with highlights including: • Work on a number of major pre-acquisition due diligence reviews for all lines (P&C, Life, A&H) and including providing expert insurance/reinsurance reports (claims, underwriting, and reinsurance) for purchasers and equity funds. Total assets in individual due diligence targets have exceeded $1B on multiple occasions. • Lead reinsurance claims professional on comprehensive audit and inspection… Show more (Re)insurance consultant working on wide-ranging projects, with highlights including: • Work on a number of major pre-acquisition due diligence reviews for all lines (P&C, Life, A&H) and including providing expert insurance/reinsurance reports (claims, underwriting, and reinsurance) for purchasers and equity funds. Total assets in individual due diligence targets have exceeded $1B on multiple occasions. • Lead reinsurance claims professional on comprehensive audit and inspection programs of major Property Reinsurance cedents. • Valuation consultant for over $125M in successfully commuted reinsurance asset. Show less
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Assistant Vice President
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2013 - 2014
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Senior Auditor
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2012 - 2013
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Reinsurance Auditor / Inspector / Analyst
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2011 - 2012
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Associate Reinsurance Auditor / Inspector / Analyst
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2010 - 2011
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Education
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University of South Florida
Bachelor's degree, Economics