Andrew Silverman Email & Phone Number

San Diego, Ca, Us

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.

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.

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.

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.

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.

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.

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.

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.

Master Of Business Administration (Mba), Emphasis In Finance And Information Technology

B.A., Economics

Activities and Societies: Phi Delta Theta FraternityPhi Delta Theta Fraternity Member 1986-1990 Social Chairman Pledge Trainer