Greg Luttrell Email & Phone Number

Irvine, CA, US

Greenwood Village, Colorado, US

• Recruited to review and manage insurance policies. Oversaw companies’ entire risk profile. Built relationships with insurance brokers, underwriters, and third-party adjusters who represented the company. Communicated.
• Saved approximately $1M in premiums by changing entire insurance structure including coverage, terms, and conditions for all lines including management and professional liability, property, casualty, general liability.
• Evaluated all open claims and determined strategies to close claims in partnership with Senior Workman’s Compensation Analyst quarterly.
• Reduced settlement offers and claims windows by retaining adjustor's legal counsel in each state where facilities were located to make determinations and adjustments on Workman’s Compensation claims.
• Improved Workman’s Compensation slip-fall claims to 2-3 per quarter from 40-50 by investing $37K to install non-slip mats in all U.S. facilities’ restrooms.
• Collaborated with an actuary to evaluate total losses over a 10-15 year period to create an actuarial and reserve analysis and make recommendations for possible reserve fund increases.

New York, NY, US

• Invited to interview for VP, Risk Management position. Reviewed and managed insurance policies regarding Directors & Officers, Professional Liability, Errors & Omissions, Employment Practices Liability, Fiduciary.
• Selected, negotiated, and implemented Risk Console Information System to enable a real-time feed of all claims, create a database of all policies in place, and trained groups and individuals.
• Created quarterly reports regarding current third-party insurance companies’ rating and exposure risks and determine if changes need to be made collaborating with Treasury Senior Management.
• Collaborated with a broker to investigate and develop Cyber Insurance Program, a $500M policy, with a $25M retention due to Information Security finding a breach compromising 60M records.
• Evaluated third-party policy coverages according to locations, vendor contracts, and needs and implemented indemnification clauses if required.

Las Vegas, Nevada, US

• Worked as the Operational Risk contact for Basel II compliance and the implementation of insurance for reduction in capital requirements.
• Directed creditors in setting Letters of Credit
• Worked with brokers and others to analyze collateralization requirements of different insurance programs
• Managed and placed all hazard insurance programs including Workers Compensation, General Liability, Directors & Officers liability
• Oversaw the Risk Management Information Systems database for Insurance & Risk Management Department
• Assisted with Risk Control and Claims group in analyzing loss trends to implement loss control and claims strategies for the enterprise

New York, New York, US

• Worked closely with CEOs, CFOs, Risk Managers and Executives of Financial Institutions, Technology, and Commercial clients to identify and assess risk profiles
• Developed renewal and new line placement strategies in conjunction with national and international transaction teams
• Analyzed policy language and negotiated terms and pricing of policies with underwriters, communicated how the policies would respond to Sarbanes-Oxley requirements
• Interfaced with client’s internal claims teams and Marsh Client Advocates in resolving claims issues

London, GB

• Identified the insurance needs of organizations in conjunction with CEOs, CFOs and Risk Managers of Insurance Companies.
• Placed insurance coverage based on the parameters agreed upon by the clients
• Established and negotiated favorable policy terms and pricing with underwriters of world leading insurance companies such as AIG, Chubb, The Hartford, etc.
• Analyzed terms and conditions of insurance contracts to create the broadest possible coverage at the lowest possible pricing
• Oversaw a book of approximately $2.7 million in revenue