Richard McGregor
President at Guy Hurley, LLC- Claim this Profile
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Bio
Neetu Varghese
Rich is well versed in all lines of insurance, including Marine. Having dealt with him on the Underwriting side, he is great at identifying possible gaps in coverage and finding a solution. He has always been good at communicating his expectations and has a strong leadership presence. His understanding of what the client's needs are and how an underwriter can fulfill those needs at the right terms/pricing is what has made him successful all these years.
Sue Schick
Richard has proven himself as a highly successful leader in the insurance industry. His success stems from his keen ability to create winning strategies, assemble strong teams, and build lasting relationships. He listens to clients, and they know they can count on him. He has a knack for consistently exceeding expectations.
Neetu Varghese
Rich is well versed in all lines of insurance, including Marine. Having dealt with him on the Underwriting side, he is great at identifying possible gaps in coverage and finding a solution. He has always been good at communicating his expectations and has a strong leadership presence. His understanding of what the client's needs are and how an underwriter can fulfill those needs at the right terms/pricing is what has made him successful all these years.
Sue Schick
Richard has proven himself as a highly successful leader in the insurance industry. His success stems from his keen ability to create winning strategies, assemble strong teams, and build lasting relationships. He listens to clients, and they know they can count on him. He has a knack for consistently exceeding expectations.
Neetu Varghese
Rich is well versed in all lines of insurance, including Marine. Having dealt with him on the Underwriting side, he is great at identifying possible gaps in coverage and finding a solution. He has always been good at communicating his expectations and has a strong leadership presence. His understanding of what the client's needs are and how an underwriter can fulfill those needs at the right terms/pricing is what has made him successful all these years.
Sue Schick
Richard has proven himself as a highly successful leader in the insurance industry. His success stems from his keen ability to create winning strategies, assemble strong teams, and build lasting relationships. He listens to clients, and they know they can count on him. He has a knack for consistently exceeding expectations.
Neetu Varghese
Rich is well versed in all lines of insurance, including Marine. Having dealt with him on the Underwriting side, he is great at identifying possible gaps in coverage and finding a solution. He has always been good at communicating his expectations and has a strong leadership presence. His understanding of what the client's needs are and how an underwriter can fulfill those needs at the right terms/pricing is what has made him successful all these years.
Sue Schick
Richard has proven himself as a highly successful leader in the insurance industry. His success stems from his keen ability to create winning strategies, assemble strong teams, and build lasting relationships. He listens to clients, and they know they can count on him. He has a knack for consistently exceeding expectations.
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Experience
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Guy Hurley, LLC
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United States
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Insurance
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1 - 100 Employee
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President
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Apr 2016 - Present
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Vice President of Property and Casualty Operations
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Apr 2009 - Mar 2023
As a partner within the agency, my primary areas of focus are: Provide total risk management solutions for my commercial insurance clients; manage the overall Property & Casualty operations, including staff development; collaborate on large, complex accounts with other partners and producers; and as a member of the Board of Directors, work with our team to constantly improve our Best Practices, thus ensuring that Guy Hurley remains a leader in delivering uniquely creative and progressive… Show more As a partner within the agency, my primary areas of focus are: Provide total risk management solutions for my commercial insurance clients; manage the overall Property & Casualty operations, including staff development; collaborate on large, complex accounts with other partners and producers; and as a member of the Board of Directors, work with our team to constantly improve our Best Practices, thus ensuring that Guy Hurley remains a leader in delivering uniquely creative and progressive solutions to our client’s Risk Management and Surety needs. Industry Segments Areas of Expertise: • Bio-Technology; • Energy; • Healthcare; • Legal Services; • Manufacturing; • Service Industry.
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CNA Insurance
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United States
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Insurance
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700 & Above Employee
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Branch Vice President
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Apr 2002 - Apr 2009
Joined CNA Insurance Company in Richmond, Virginia in 2002 and transferred to Michigan in April of 2004 to manage CNA’s $150,000,000 Michigan Operations. As a Branch Vice President for seven years, I held the responsibilities of oversight of all aspects of CNA’s Commercial Insurance operations for the states of Virginia and Michigan. Areas of responsibility included: Managing growth; reviewing and approving coverage terms and conditions; and determining final pricing/… Show more Joined CNA Insurance Company in Richmond, Virginia in 2002 and transferred to Michigan in April of 2004 to manage CNA’s $150,000,000 Michigan Operations. As a Branch Vice President for seven years, I held the responsibilities of oversight of all aspects of CNA’s Commercial Insurance operations for the states of Virginia and Michigan. Areas of responsibility included: Managing growth; reviewing and approving coverage terms and conditions; and determining final pricing/ collaborate on rates structure for the following areas of coverages: • Property Insurance; • General Liability: Premises Liability and Products Liability; • Automobile Liability; • Worker’s Compensation Disability; • Professional Liability: Medical, E&O, D&O; • Cyber Liability; • International Exposures ; • Ocean Marine/ Cargo. Setting direction for Claim and Risk Control services: • Participating in claim reviews and discuss application coverage; • Aligning CNA’s Claim Service strategy with key Michigan Agency partners and key policyholders; • Participating in Claim Strategy Reviews: Team member for the company’s strategy in improving our service policy for demographically specific segments of our claimant population; • Working with Risk Control team to fine tune and then implement our client service strategy; • Collaborating with Risk Control to craft specific and meaningful Risk Management reduction plans for our policyholders. People management responsibilities that included, but were not limited to, the following: • Setting Branch strategy for: Growth, Profit, Policyholder Pricing, and Policyholder Retention; • All personnel matters, including hiring, training, reprimands, terminations, downsizing plans; • Conflict Resolution; • Conducting/ overseeing Branch training; • Office Workflow; • Budgeting; • Marketing. Show less Joined CNA Insurance Company in Richmond, Virginia in 2002 and transferred to Michigan in April of 2004 to manage CNA’s $150,000,000 Michigan Operations. As a Branch Vice President for seven years, I held the responsibilities of oversight of all aspects of CNA’s Commercial Insurance operations for the states of Virginia and Michigan. Areas of responsibility included: Managing growth; reviewing and approving coverage terms and conditions; and determining final pricing/… Show more Joined CNA Insurance Company in Richmond, Virginia in 2002 and transferred to Michigan in April of 2004 to manage CNA’s $150,000,000 Michigan Operations. As a Branch Vice President for seven years, I held the responsibilities of oversight of all aspects of CNA’s Commercial Insurance operations for the states of Virginia and Michigan. Areas of responsibility included: Managing growth; reviewing and approving coverage terms and conditions; and determining final pricing/ collaborate on rates structure for the following areas of coverages: • Property Insurance; • General Liability: Premises Liability and Products Liability; • Automobile Liability; • Worker’s Compensation Disability; • Professional Liability: Medical, E&O, D&O; • Cyber Liability; • International Exposures ; • Ocean Marine/ Cargo. Setting direction for Claim and Risk Control services: • Participating in claim reviews and discuss application coverage; • Aligning CNA’s Claim Service strategy with key Michigan Agency partners and key policyholders; • Participating in Claim Strategy Reviews: Team member for the company’s strategy in improving our service policy for demographically specific segments of our claimant population; • Working with Risk Control team to fine tune and then implement our client service strategy; • Collaborating with Risk Control to craft specific and meaningful Risk Management reduction plans for our policyholders. People management responsibilities that included, but were not limited to, the following: • Setting Branch strategy for: Growth, Profit, Policyholder Pricing, and Policyholder Retention; • All personnel matters, including hiring, training, reprimands, terminations, downsizing plans; • Conflict Resolution; • Conducting/ overseeing Branch training; • Office Workflow; • Budgeting; • Marketing. Show less
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Firemans Fund Insurance Company
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United States
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Insurance
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400 - 500 Employee
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Business Development Manager
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Sep 2000 - Apr 2002
Management of Fireman’s Funds Baltimore and Richmond Underwriting offices. Key charges were: • Establishing Branch strategic direction. • Responsible for retaining key clients, acquiring new clients, and the overall development of premium cost for all Branch clients. • Accountable for Branch profitability. • Oversight and management of Fireman’s Funds Maryland and Virginia insurance agents. • Management of an underwriting staff located in both Baltimore and Richmond offices. Management of Fireman’s Funds Baltimore and Richmond Underwriting offices. Key charges were: • Establishing Branch strategic direction. • Responsible for retaining key clients, acquiring new clients, and the overall development of premium cost for all Branch clients. • Accountable for Branch profitability. • Oversight and management of Fireman’s Funds Maryland and Virginia insurance agents. • Management of an underwriting staff located in both Baltimore and Richmond offices.
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Reliance Insurance
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South Africa
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Insurance
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Executive Underwriter
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Sep 1999 - Sep 2000
Worked in the Richmond, Virginia Branch as an executive commercial lines underwriter. Handled both guaranteed cost and loss sensitive products. Underwrote clients with a wide range of operations spanning the gambit of low hazard, low premium-cost to high hazard and complex policy structure. Worked extensively with Reliance’s Risk Control and Claims Departments to dissect our client’s loss trends and key cost drivers. A process that involved creating targeted “Claim Budgets” for each… Show more Worked in the Richmond, Virginia Branch as an executive commercial lines underwriter. Handled both guaranteed cost and loss sensitive products. Underwrote clients with a wide range of operations spanning the gambit of low hazard, low premium-cost to high hazard and complex policy structure. Worked extensively with Reliance’s Risk Control and Claims Departments to dissect our client’s loss trends and key cost drivers. A process that involved creating targeted “Claim Budgets” for each client and assisting them in managing down their insurance costs via interactive Risk Control and Claim Action Plans. Show less Worked in the Richmond, Virginia Branch as an executive commercial lines underwriter. Handled both guaranteed cost and loss sensitive products. Underwrote clients with a wide range of operations spanning the gambit of low hazard, low premium-cost to high hazard and complex policy structure. Worked extensively with Reliance’s Risk Control and Claims Departments to dissect our client’s loss trends and key cost drivers. A process that involved creating targeted “Claim Budgets” for each… Show more Worked in the Richmond, Virginia Branch as an executive commercial lines underwriter. Handled both guaranteed cost and loss sensitive products. Underwrote clients with a wide range of operations spanning the gambit of low hazard, low premium-cost to high hazard and complex policy structure. Worked extensively with Reliance’s Risk Control and Claims Departments to dissect our client’s loss trends and key cost drivers. A process that involved creating targeted “Claim Budgets” for each client and assisting them in managing down their insurance costs via interactive Risk Control and Claim Action Plans. Show less
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Senior Underwriter
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Apr 1991 - Sep 1999
Held the position of Senior Commercial Lines Underwriter and National Accounts Executive Underwriter. Job duties included: • Production Underwriter for all lines of coverage: Selected and priced commercial business insurance products. Worked directly with my assigned agency partners to manage the insurance products for new and renewal clients. • Workers’ Compensation Expert for the Richmond Branch: Underwrote and managed the Workers’ Compensation product for the Fireman’s Fund’s… Show more Held the position of Senior Commercial Lines Underwriter and National Accounts Executive Underwriter. Job duties included: • Production Underwriter for all lines of coverage: Selected and priced commercial business insurance products. Worked directly with my assigned agency partners to manage the insurance products for new and renewal clients. • Workers’ Compensation Expert for the Richmond Branch: Underwrote and managed the Workers’ Compensation product for the Fireman’s Fund’s Virginia operations. • National Accounts Executive Underwriter: Underwrote and marketed large loss sensitive products (Deductibles and Retrospective products) for Fireman’s Funds Virginia and Maryland clients. Show less Held the position of Senior Commercial Lines Underwriter and National Accounts Executive Underwriter. Job duties included: • Production Underwriter for all lines of coverage: Selected and priced commercial business insurance products. Worked directly with my assigned agency partners to manage the insurance products for new and renewal clients. • Workers’ Compensation Expert for the Richmond Branch: Underwrote and managed the Workers’ Compensation product for the Fireman’s Fund’s… Show more Held the position of Senior Commercial Lines Underwriter and National Accounts Executive Underwriter. Job duties included: • Production Underwriter for all lines of coverage: Selected and priced commercial business insurance products. Worked directly with my assigned agency partners to manage the insurance products for new and renewal clients. • Workers’ Compensation Expert for the Richmond Branch: Underwrote and managed the Workers’ Compensation product for the Fireman’s Fund’s Virginia operations. • National Accounts Executive Underwriter: Underwrote and marketed large loss sensitive products (Deductibles and Retrospective products) for Fireman’s Funds Virginia and Maryland clients. Show less
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USF&G
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United States
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Real Estate
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Commercial Underwriter
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1986 - 1991
Managed $6 million of insurance premiums for clients located in Virginia. Handled all lines of insurance for clients with operations that included: Heavy Construction, Hospitality, Manufacturing, Municipalities and School systems, Propane manufacturing and distribution, Metal working and distribution. Managed $6 million of insurance premiums for clients located in Virginia. Handled all lines of insurance for clients with operations that included: Heavy Construction, Hospitality, Manufacturing, Municipalities and School systems, Propane manufacturing and distribution, Metal working and distribution.
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Education
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Virginia Commonwealth University - School of Business
BS, Finance and Economics -
Midlothian High School
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East Anchorage High School