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• Insurance executive interested in active, fluid situations • High tolerance for change with history of successful outcomes for new and existing business, legacy business and cat modeling. • Successful relationships with direct and broker reinsurance companies.• Strong connections with reinsurance intermediaries.• Comprehensive viewpoint of insurance company operations.• Initiated Corporate Risk Management programs.• Instituted and managed catastrophe modeling departments.• Exceptional interpersonal and leadership skills with executive, home office and
American Safety Insurance
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Vp ReinsuranceAmerican Safety Insurance Feb 2006 - PresentAtlanta• Created casualty treaty incorporating all casualty business segmentso Environmental, casualty, excess, MGA.o New MGA’s included with no prior approval or change in rateso Reduced rate by 50% over 5 years.• Put initial structures in place for new lines: Property, Surety, Professional Liability• Upgraded and standardized reinsurance contract language.• Guided corporate commutation committee for dispute resolution on old contracts.• Directed team responsible for white paper on company entry into property business.• Handled runoff of program treaties, legacy assumed and ceded reinsurance.• Assisted program division on selection and underwriting of new programs (10 minute rule). Met with existing MGA’s to resolve disputes.• Steered team to revise and update MGA related contracts – MGA, TPA, trust and segregated cell reinsurance.• Started and managed catastrophe modeling department. • Mentored staff, formally and informally. Broke down silo mentality between departments.
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Reinsurance ManagerRli Insurance Company Jun 1987 - Feb 2006Peoria, Illinois Area• Property, California earthquake, Builders Risk, Programs, Truckers, Surety, Professional Liability and Aviation. Ceded premium $130M.• Supported Schedule F process - Collected $32M in LOC’s the first year for a company with $50M in surplus.• Led runoff of assumed reinsurance book.• Started and managed 5 person catastrophe modeling unit.• Developed very successful corporate underwriting bonus program. Provided concepts and modeled alternative outcomes for senior management.
Eric Wig Skills
Eric Wig Education Details
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Finance, Systems And Marketing -
Physics, Business Adminstration, Math
Frequently Asked Questions about Eric Wig
What company does Eric Wig work for?
Eric Wig works for American Safety Insurance
What is Eric Wig's role at the current company?
Eric Wig's current role is Reinsurance Professional/Risk Manager/Cat modeling.
What is Eric Wig's email address?
Eric Wig's email address is er****@****ast.net
What is Eric Wig's direct phone number?
Eric Wig's direct phone number is +167835*****
What schools did Eric Wig attend?
Eric Wig attended Northwestern University - Kellogg School Of Management, North Park University.
What are some of Eric Wig's interests?
Eric Wig has interest in Kids, Cooking, Exercise, Gardening, Traveling, Collecting Antiques, Electronics, Home Improvement, Reading, Crafts.
What skills is Eric Wig known for?
Eric Wig has skills like Reinsurance, Insurance, Professional Liability, Underwriting, Property And Casualty Insurance, Casualty, Excess, Liability, Risk Management, Casualty Insurance, Commercial Insurance, General Insurance.
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