John Culbertson

John Culbertson Email and Phone Number

Vice President @ AANA Insurance Services
Saint Paul, MN, US
John Culbertson's Location
Greater Minneapolis-St. Paul Area, United States
About John Culbertson

An insurance industry executive with extensive insurance company and management consulting experience. Deep expertise in underwriting, risk, reinsurance, and managing international insurance operations. Graduate of Harvard Business School (MBA), and the University of Chicago (BA in Economics with General Honors). Chartered Property Casualty Underwriter (CPCU).Specialties: Strategy, underwriting, insuretech, insurance change management, insurance risk, management consulting, P&C underwriting, life insurance risk, life insurance operations, insurance program management, reinsurance, risk management, insurance operations, personal lines underwriting, personal lines rate filling, ART, Alternative Risk Transfer

John Culbertson's Current Company Details
AANA Insurance Services

Aana Insurance Services

View
Vice President
Saint Paul, MN, US
Website:
aana.com
Employees:
231
John Culbertson Work Experience Details
  • Aana Insurance Services
    Vice President
    Aana Insurance Services
    Saint Paul, Mn, Us
  • Constellation
    Vice President Of Underwriting
    Constellation Jan 2021 - Dec 2021
    Minneapolis, Minnesota, United States
    Vice President of Underwriting for a leading Medical Professional Liability insurer.
  • Culbertson Associates
    Principal
    Culbertson Associates Jul 2018 - Jan 2021
    Richmond, Va
    We help insurance companies and insurance service providers improve their operational performance and develop more effective strategies throught the use of fact-based analysis.
  • Fenris Digital
    Advisor
    Fenris Digital Oct 2018 - 2019
    Richmond, Va
    Fenris is an InsureTech company focused on improving the application-to-quote process for personal and commercial lines customers. Advised the Senior Management team on insurance industry practice and strategy.
  • Kpmg Us
    Director, Insurance Strategy & Innovation Practice
    Kpmg Us 2015 - Jul 2018
    Richmond, Virginia Area
    We help P&C and Life Insurers develop and execute value-creating strategies that result from a deep understanding of their unique capabilities and insurance market dynamics.
  • Allianz Partners
    Chief Underwriting Officer (Cuo), Allianz Global Assistance Usa
    Allianz Partners 2011 - 2014
    Richmond, Virginia Area
    Responsible for insurance underwriting, actuarial, and reinsurance activities for a $600 million specialty lines insurer with more than 10 million customers per year. Managed the firm's actuaries and underwriters. Corporate Officer of Jefferson Insurance.Improved underwriting profit by 30% while revenue increases by 50%Re-engineered underwriting quote process to reduce late quotes from 30% to <1%Lead rate filling effort which resulted in more than 250 state rate filling approvals in 2 years.
  • Cognizant
    Assistant Vice President (Avp) Of Insurance Services Consulting
    Cognizant 2010 - 2011
    Focused on management consulting to the P&C insurance industry. One of the senior leaders in a 200+ person consultancy. Expert in insurance underwriting process improvement and risk management.() Designed an economic capital-based insurance quotation system for a Bermuda-based commercial lines insurer () Implemented a multi-year 80 person effort to re-design the underwriting quotation process for a nationally-known US commercial lines insurer() Lead a team which received “Project of the Quarter” recognition for consulting innovation and results delivery. We were selected for recognition from a group of 2,000 associates.
  • Mckinsey & Company
    Expert In Insurance Risk Managment Practice
    Mckinsey & Company 2007 - 2010
    Expert in the Insurance Risk Practice Group. Served as a firm authority on insurance risk management and underwriting improvement topics. Responsible for practice development, and management consulting engagement results delivery. Served clients in North and South America and in Europe in the following industries: () Property & casualty insurance() Life insurance() Insurance brokerage
  • Genworth Financial
    Risk Managment Leader
    Genworth Financial 2005 - May 2007
    Richmond, Va
    Risk Management Leader for Life Insurance, 2006-2007. Responsible for the capital efficiency of $20 billion pool of fixed annuities. Managed risk and income-focused investment activity.• Lead effort to reinsure $1.8 billion of annuities for capital relief producing 130bp of ROE lift • Identified capital efficiency opportunities which reduced required capital by $30 million
  • Aon Direct Group
    Senior Vice President
    Aon Direct Group 1998 - 2004
    Chicago, Il
    Senior Vice President for Aon Direct Group, a $150 million GWP business unit specializing in insurance direct marketing programs with operations in Madrid, London, Lisbon, and Toronto. Responsible for underwriting, finance, and reinsurance.• Managed staff of more than 20 associates in Madrid, Toronto, and Chicago• Renegotiated contract with insurer that increased income by 30%• Developed a $500 million default risk coverage structure for a US trading exchange• Brokered a $100 million music performing rights securitization• Developed a financial guarantee structure to eliminate $100 million contingent lease obligations for a commercial aircraft manufacturer
  • Global Entertainment & Media Insurance Agency Llc
    Chief Underwriting Officer
    Global Entertainment & Media Insurance Agency Llc 1998 - 2004
    Chicago, Il
    Chief Underwriting Officer (CUO) and Co-Founder of GEMS, concurrent with other Aon responsibilities. GEMS underwrote insurance guarantees for motion picture financing and was co-owned by a media investment bank, CNA Insurance, and Aon. GEMS generated more than $34 million in premium and advisory income from new product development.
  • Cna Insurance
    Assistant Vice President
    Cna Insurance 1995 - 1998
    Chicago, Il
    Assistant Vice President of CNA Specialty Operations. Responsible for analyzing and developing new commercial lines insurance products. Reported to Chief Underwriting Officer of Specialty Operations.• Developed 2 new insurance products focused on transferring motion picture financial performance risk• Modeled the loss characteristics of automobile fleet residual value guarantees. Served as the team’s loss modeling expertAssistant Vice President of CNA Consulting Group (CCG). CCG was an in-house management consulting group focused on helping CNA increase profitability through operational improvement and strategy definition. Was responsible for client management and results delivery. • Developed strategies that saved more than $10 million in claims litigation costs• Managed a project to create a strategic plan and operational model for a group focused on the runoff of a variety of discontinued lines of business• Was selected by internal client to join underwriting team
  • Computer Sciences Corporation (Csc)
    Managing Associate, Csc Index
    Computer Sciences Corporation (Csc) 1991 - 1995
    Chicago, Il
    Managing Associate with a management consulting firm working with Fortune 1000 clients to develop new business strategies and reengineer business processes. Responsible for project management, analysis, change management, and presentation of results. Consulted in a variety of industries: property & casualty insurance, life insurance, oil & gas, electric utilities, pharmaceuticals

John Culbertson Education Details

Frequently Asked Questions about John Culbertson

What company does John Culbertson work for?

John Culbertson works for Aana Insurance Services

What is John Culbertson's role at the current company?

John Culbertson's current role is Vice President.

What schools did John Culbertson attend?

John Culbertson attended Harvard Business School, University Of Chicago, Shaker Hts High School.

Who are John Culbertson's colleagues?

John Culbertson's colleagues are Rijo Mathews, Pauline Mckenna, Nicola B, Mr. Clifford Charles, Crna, Sri Mathy, Mary Reynolds Kane, Charly Cabina.

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