Eric Phillips

Eric Phillips Email and Phone Number

Director of Product Operations at The Institutes @ The Institutes RiskStream Collaborative
Eric Phillips's Location
Greater Philadelphia, United States, United States
Eric Phillips's Contact Details

Eric Phillips personal email

n/a
About Eric Phillips

I am an insurance and risk management leader with extensive experience in both claims and product management. My background includes a successful tenure in claims management at GEICO, where I held various Property, Casualty, Litigation, and FPM leadership positions. Within each of those divisions, I led hiring, training, and team development efforts, while implementing business process improvements that optimized customer service and loss ratios.In my current role at The Institutes RiskStream Collaborative, I focus on product management, driving innovation through emerging technologies, including blockchain and artificial intelligence. My team works closely with brokers, carriers, and reinsurers across P&C, L&A, Reinsurance, and Surety industries to develop cutting-edge solutions that enhance business performance and customer outcomes.

Eric Phillips's Current Company Details
The Institutes RiskStream Collaborative

The Institutes Riskstream Collaborative

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Director of Product Operations at The Institutes
Eric Phillips Work Experience Details
  • The Institutes Riskstream Collaborative
    Director Of Product Operations
    The Institutes Riskstream Collaborative May 2023 - Present
    Malvern, Pennsylvania, Us
    • Lead and manage a team of product managers focused on developing innovative solutions within the insurance sector, leveraging expertise in blockchain, AI, and other emerging technologies to drive product strategy and execution.• Spearhead product design and development for blockchain-based applications, AI-driven solutions, and digital transformation initiatives, ensuring alignment with industry standards and client needs.• Collaborate with a broad ecosystem of insurance industry stakeholders, including carriers, reinsurers, and regulatory bodies, to foster partnerships and drive adoption of cutting-edge technologies.• Drive end-to-end product lifecycle management• Engage with cross-functional teams, including engineering, marketing, and sales, to optimize product performance and deliver innovative solutions that enhance operational efficiency for insurance organizations.
  • Geico
    Casualty Claims Operations Manager
    Geico Jun 2022 - May 2023
    Chevy Chase, Md, Us
    • Senior level insurance manager with responsibility for leading an upper-level bodily injury and litigation claims department for GEICO’s northeast region. • Design and execute process improvement plans that impact efficiencies and loss ratios for the company, while proactively addressing industry trends.• Direct hiring, budgeting, staffing, compliance, and training decisions for the department. • Conduct regular reviews of complex coverage scenarios, policy documents, large liability losses, and litigation claim files.• Exceeded yearly reserve/pending reduction targets and achieved a significant expense savings for the Northeast Casualty zone.
  • Geico
    Pip Litigation Claims Manager
    Geico Oct 2021 - Jun 2022
    Chevy Chase, Md, Us
    • Leader of PIP (FPM) Litigation department overseeing settle vs. defend decisions related to medical claims. • Spearheaded affirmative litigation efforts for GEICO's northeast region by driving investigations into RICO violations and managing affirmative lawsuits. Regularly interacted with in-house and external counsel.• Achieved all-time high productivity levels leading to a significant reserve reduction for the company.
  • Geico
    Liability Claims Operations Manager
    Geico Jul 2019 - Oct 2021
    Chevy Chase, Md, Us
    • Oversaw a Liability Claims call center department of 45 examiner and 9 Supervisors.• Drove key performance metrics in each claims division through strategic action plans and accountability measures. Regularly reported progress in these KPMs to senior management. • Led call center department to #1 countrywide customer service survey result and a 9% YOY improvement.
  • Geico
    First Party Medical Claims Manager
    Geico Jan 2018 - Dec 2020
    Chevy Chase, Md, Us
    • Oversaw a Personal Injury Claim call center department of 125 associates and 25 Supervisors.• Drove key performance metrics in each claims division through strategic action plans and accountability measures. Regularly reported progress in these KPMs to senior management. • Developed quality assurance protocols related to regulation and compliance standards.• Served as the lead point of contact for TPAs. Developed QA processes for our TPAs leading to loss and expense efficiencies. Reviewed TPA contract language.
  • Geico
    Insurance Claims Supervisor
    Geico Jan 2016 - Jan 2018
    Chevy Chase, Md, Us
    • Managed property and casualty claims unit for GEICO’s New Jersey operation• Conducted review of policy language, insurance contracts, large loss reviews, reserving, and settlement authority. • Created a specialized unit to gain expense efficiencies with outside counsel, which significantly reduced litigation expenses and average claim life.
  • Geico
    Management Development Associate
    Geico Jun 2014 - Jan 2016
    Chevy Chase, Md, Us
    • Rotated through insurance divisions at GEICO to gain experience in all areas of operations.
  • Ation Digital Media Agency
    Project Manager
    Ation Digital Media Agency Sep 2013 - Jun 2014
  • Nicabm
    Production Coordinator
    Nicabm May 2012 - Jan 2014

Eric Phillips Skills

Video Editing Public Speaking Microsoft Office Project Management Web Design Integrated Marketing Creative Writing Wordpress Email Marketing Liability Insurance Claims Risk Management Survey Design Interpersonal Communication Negotiation Property And Casualty Insurance Six Sigma Yellow Belt

Eric Phillips Education Details

  • University Of Connecticut School Of Business
    University Of Connecticut School Of Business
    Marketing

Frequently Asked Questions about Eric Phillips

What company does Eric Phillips work for?

Eric Phillips works for The Institutes Riskstream Collaborative

What is Eric Phillips's role at the current company?

Eric Phillips's current role is Director of Product Operations at The Institutes.

What is Eric Phillips's email address?

Eric Phillips's email address is ep****@****ico.com

What schools did Eric Phillips attend?

Eric Phillips attended University Of Connecticut School Of Business.

What are some of Eric Phillips's interests?

Eric Phillips has interest in Video Production, Hiking, Kayaking.

What skills is Eric Phillips known for?

Eric Phillips has skills like Video Editing, Public Speaking, Microsoft Office, Project Management, Web Design, Integrated Marketing, Creative Writing, Wordpress, Email Marketing, Liability, Insurance Claims, Risk Management.

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