Andrew Silverman

Andrew Silverman Email and Phone Number

Chief Operating Officer @ Specialty Claims Management
San Diego, CA, US
Andrew Silverman's Location
San Diego, California, United States, United States
Andrew Silverman's Contact Details

Andrew Silverman personal email

n/a

Andrew Silverman phone numbers

About Andrew Silverman

A passionate and driven C-level Executive with extensive strategic, financial and operational management experience, as CFO and/or COO. Successful history of leading and guiding companies through rapid growth in the insurance, financial services, and risk management industries.Key executive participant in the development of long-term financial and company goals, as well as establishing Company core values, mission and culture points.Specialties: C-Suite, Board Level Management, Venture Financing, M&A Analysis & Valuation, Strategic Planning, Business Plan Development, Financial Analysis & Reporting, Risk Management, Budgeting and Financial Planning, Recruiting, Hiring, Business Banking, Corporate Investment, IT Oversight, General Ledger, Employee Benefits, Merchant Credit Card Services. .Career Highlights:High-impact financial officer responsible for driving substantial improvement in net income over a 15-year time span.Effective guiding leader, directing two successful business acquisitionsSpearheaded the launch of an highly successful e-commerce website generating substantial gross revenues with corresponding expense reductions.Led the focus and oversight of Company’s IT function with development of customized enterprise software solution resulting in massive annual expense savings.

Andrew Silverman's Current Company Details
Specialty Claims Management

Specialty Claims Management

View
Chief Operating Officer
San Diego, CA, US
Employees:
40
Andrew Silverman Work Experience Details
  • Specialty Claims Management
    Chief Operating Officer
    Specialty Claims Management
    San Diego, Ca, Us
  • Champion Risk & Insurance Services
    Chief Operating Officer
    Champion Risk & Insurance Services Nov 2022 - Present
    San Diego, California, United States
    Chief Operating Officer for one of the largest privately-held insurance brokerages in the country. Champion operates in the Commercial, Personal Lines and Group Employee Benefits insurance space. Champion is one of the largest U.S. insurance producers for the Moving & Storage industry. Primary duties include developing annual business financial plans, overseeing financial results and processes, managing our producer/account manager teams, and maintaining/enhancing our carrier relationships and appointments.
  • Specialty Claims Management
    Chief Operating Officer
    Specialty Claims Management Nov 2017 - Nov 2022
    Laguna Hills, California
    Chief Financial Officer for a boutique TPA firm operating in all 50 U.S. states with specialization in professional liability, management liability, commercial property & casualty and non-standard auto lines. Responsibilities include managing the financials, reporting to the Board, recruiting, business development, and overseeing human resources and employee benefits.
  • Horizon Risk Insurance Services, Inc.
    Chief Operating Officer
    Horizon Risk Insurance Services, Inc. Jan 2015 - Jul 2017
    Greater San Diego Area
    Responsible for all operations of Horizon, a commercial property & casualty insurance wholesaler and brokerage. Primary duties include developing annual business financial plans, overseeing financial results and processes, company/vendor relationships and appointments, underwriting results, marketing, recruiting and IT.
  • Cres Insurance Services, Llc
    Chief Operating Officer
    Cres Insurance Services, Llc Sep 1999 - Dec 2014
    Greater San Diego Area
    Chief Financial Officer of a $30.0 M Company selling risk management, data and insurance solutions to the real estate industry.Enhanced gross sales from $5.0M to $30.0M over 15 years by successfully guiding sales and underwriting team results, controlling expenses, innovating and diversifying our product mix, and selecting the optimal business partners.15 years of experience running operations for the #1 Managing General Insurance Agency in the U.S. for real estate agents/brokers professional liability insurance coverage.Led successful due diligence and acquisition efforts for two CA companies. Company #1 doubled annual revenue in two years. Company #2 has a 95% customer retention rate within the first six months.Top-flight operations resulted in securing underwriting insurance (Managing General Agency) contracts with two of the largest insurance companies in the world. These contracts paid higher commissions and helped secure more customers leading to annual revenue improvements of $1M.Revamped company mission statement, core values and strategic vision. Received an “A” grade in company culture based on employee survey.Managed successful implementation of Sales Force Client Relationship Management (CRM) software with 50 licenses resulting in annual cost savings of $200,000.
  • Superior Claim Services, Llc
    Director Of Claims
    Superior Claim Services, Llc 1999 - 2014
    Greater San Diego Area
    Third-Party Administrator providing independent claims handling & risk management for the commercial P&C Insurance Industry. Served some of the largest carriers in the world including QBE Specialty Insurance Company, Rockhill Insurance Company, Praetorian Insurance Company and Lloyd's of London.
  • Hisco Home Warranty
    Chief Financial Officer
    Hisco Home Warranty 2010 - 2012
    Greater San Diego Area
    Chief Financial Officer of a $5.0M Home Warranty Company selling home protection contracts in California for 30 years.Led the due diligence and acquisition of the company for our ownership group in 2010.Implemented Financial Business Plans, strategic vision, budgeting, forecasting and business processes. Managed the general ledger, monthly/annual financial statements and variances.Directed the company’s seven-figure investment portfolio to drive acceptable returns while mitigating risk and meeting statutory requirements. Negotiated the sale of the company to a larger competitor, resulting in a reduction of corporate risk and uncertainty while locking in a long-term desirable earn-out from the acquirer.
  • Accurate Claim Services
    Director Of Claims
    Accurate Claim Services May 1998 - Aug 1999
    La Mesa, Ca
    Responsible for directing all operations of a third-party administrator tasked with handling all risk management and commercial claims management for a $30.0M commercial insurance garage program.Generated $300,000 in first-year revenues.Managed complete turn-around of program claim results from predecessor. Operational improvements led to a 30% underwriting loss ratio improvement, resulting in savings of $3.0M annually.Led project design for custom enterprise software solution – to manage insurance claim reserves, payments, activities, billing, resulting in $200,000 in annual efficiency savings.
  • Farmers Insurance Group Of Companies
    Commercial Claims Team Leader
    Farmers Insurance Group Of Companies Sep 1990 - Apr 1998
    Carlsbad, Ca
    Top performing claims professional with rapid succession of responsibilities over an 8-year tenure. Managed an 8-person unit responsible for $10M in annual claims payments. Led team to 30% decrease in loss adjustment expenses, 25% decrease in indemnity payments, and 100% increase in subrogation recoveries versus prior years. These resulted in $3.M in annual savings.Supervised 20-person team of Independent Adjusters during the 1994 Northridge Earthquake Insurance Event. Granted $1.0M in settlement authority by Home Office due to high achievements in customer satisfaction, claim results and leadership.Led joint claims/underwriting project to review rate adequacy, risk selection and enhance relationships with the captive insurance agency force that resulted in 10% improvement in underwriting results.

Andrew Silverman Skills

Insurance Underwriting Property And Casualty Insurance Commercial Insurance Risk Management Professional Liability Liability Casualty Insurance Management Brokers Sales Legal Liability Strategic Planning Workers Compensation Executive Management Finance Mergers And Acquisitions Fitness Real Estate Casualty

Andrew Silverman Education Details

Frequently Asked Questions about Andrew Silverman

What company does Andrew Silverman work for?

Andrew Silverman works for Specialty Claims Management

What is Andrew Silverman's role at the current company?

Andrew Silverman's current role is Chief Operating Officer.

What is Andrew Silverman's email address?

Andrew Silverman's email address is as****@****nce.com

What is Andrew Silverman's direct phone number?

Andrew Silverman's direct phone number is (949) 600*****

What schools did Andrew Silverman attend?

Andrew Silverman attended University Of California, Irvine - The Paul Merage School Of Business, University Of California, Irvine.

What are some of Andrew Silverman's interests?

Andrew Silverman has interest in Social Services, Children, Basketball, Fitness Circuit Training, Mountain Biking.

What skills is Andrew Silverman known for?

Andrew Silverman has skills like Insurance, Underwriting, Property And Casualty Insurance, Commercial Insurance, Risk Management, Professional Liability, Liability, Casualty Insurance, Management, Brokers, Sales, Legal Liability.

Who are Andrew Silverman's colleagues?

Andrew Silverman's colleagues are Luis Davila, Alex Hernandez, Paul Michaels, Marissa Smith, Alex Hernandez, Joseph P. Campo, J.d., Aic, Jason Burnett.

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