Experience

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  Falcon Insurance Group LLC

  • United States
  • Insurance
  • 1 - 100 Employee

  • Director, Asst. Treasurer, Secretary - Falcon Insurance Company

    • Nov 2022 - Present

  • Company Secretary

    • Nov 2022 - Present

  • Chief Financial Officer, Director (FIC)

    • Apr 2012 - Nov 2022

    Non-standard auto insurance group, formed in 2012, domiciled in Illinois, now licensed in 8 states

  • Director, Treasurer, Secretary Falcon Insurance Company

    • Jan 2012 - Nov 2022

• 

  HDI Global Insurance Company

  • Chicago, Illinois

  • Director, Chairman Audit Committee

    • Aug 2012 - Present
    • Chicago, Illinois

• 

  HDI Specialty Insurance Company

  • Greater Chicago Area

  • Director, Chairman Audit Committee

    • Apr 2017 - Present
    • Greater Chicago Area

• 

  Independent

  • Evanston, IL

  • Independent Director, Consultant

    • Apr 2010 - Aug 2012
    • Evanston, IL

    Served as CFO and member of Corporate Management Board for an internet provider of data management tools and websites to fraternal and faith-based organizations and as a Founding Director and Treasurer for a closely-held international security firm. Provided accounting set-up, oversight, and management mentoring to start-up enterprises.

• 

  Apex Insurance Managers, LLC

  • Partner, CFO, Director

    • Jan 2005 - Jan 2010

    Excess & surplus lines insurance managing general agency and Bermuda Class 3 reinsurer, producing property, liability and liquor coverage nationwide. Responsible for accounting, actuarial, budgeting, investments, HR, and IT functions.Diversified product offerings by acquiring and implementing new line of business. Established cashflow discipline for troubled enterprise. Managed office relocation and build-out. Negotiated collateral requirements based on actuarial analysis.

• 

  ALTOHA, Inc

  • Chief Operating Officer, Executive Vice President, Director

    • Oct 1995 - Feb 2005

    A+ rated, 50 state, specialty-lines property & casualty insurer writing $28 million in premiums. Managed operations, strategic planning, financial reporting, and reinsurance. Formalized strategic plan to energize 50 year-old company, implementing product line accountability. Added non-standard auto insurance unit.Started new line of business increasing direct premium by 18%. Acquired subsidiary specializing in auto physical damage insurance for U.S. diplomats and non-standard auto liability, adding $23 million in premium. Enhanced core mortality insurance products, adding supplemental coverage. Maintained A+ A.M. Best rating as primary rating company contact.

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  Credit Life Companies Inc. (Credit Life Ins Co parent)

  • President, Director

    • Jan 1991 - Oct 1995

    Responsible for selling subsidiaries, resolving legacy litigation and collecting contingency proceeds to maximize shareholder return, when owner liquidated positionNegotiated and completed sales of four subsidiaries for gains of $12.1 millionResolved 25 litigation, arbitration, and tax matters for gains in excess of $37 million

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  Credit Life Insurance Company

  • Executive Vice President, Chief Financial Officer

    • Jan 1987 - Jan 1991

    Recruited to turn around troubled financial services group. Surpervised staff of 60Improved A.M. Best rating two levels as rating agency/regulator liaisonLed acquisition of blocks of in-force insurance, increasing revenue by 28%Simplified monthly financial reporting, shortening delivery time by two-thirds, adding key ratios Directed functional cost studies, eliminating excess costs and improving pricing

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  Celtic Group, Inc

  • Senior Vice President and Controller

    • Jan 1982 - Jan 1987

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  Arthur Andersen & Company

  • Audit Manager, Financial Services Division

    • Jan 1976 - Jan 1982