Michael Binns Email & Phone Number

Patriot General operates as a Managing General Agency (MGA) within the portfolio of K2 Insurance Services, LLC. Consistent with the core values of K2’s specialty strategy, Patriot General serves as the group’s specialized platform for personal lines, focusing predominantly on niche and non-standard auto segments.We’re an entrepreneurial culture focused on underwriting profitability and delivering industry-leading results. Tasked with strong growth, our team will leverage our deep industry experience, strong relationships, and underwriting expertise to build long-term enterprise value. I am proud to lead the team on this exciting journey!

Dallas, Texas, Us

Recruited to assume executive leadership of Personal Lines Property-Casualty operating company.- Collaborated with CEO, Board of Directors and key stakeholders to develop a foundational roadmap for profitable expansion of core business.- Developed collaborative environment to support all functional area requirements for operational success.- Built culture of continuous investment in technology and data analytics to achieve parity with industry leaders in the insurance and financial services sector.- Fundamentally changed organization by successfully driving development of key performance indicators (KPIs) and processes improvements to enable company-wide performance-based metrics.

Duluth, Ga, Us

Executive leadership of medical management products targeted to auto insurance carrier market.- Designed and implemented standards for training, client stewardships, pricing and business performance metrics that increased overall operating unit margins by 6%.- Implemented critical Product Management & Development initiatives that enhanced market penetration and optimized client savings.- Established and executed plans and strategies for growth, including customer retention and new business revenue goals for the Auto segment of business.- Provided critical executive sponsorship for key accounts that resulted in the retention and expansion of the top three clients, resulting in an increase of net income of over $2 million. - Directly managed and rebuilt leadership staff that resulted in increased revenue of over 30%.- Oversaw all aspects of operations and managed financial results with focus on revenue growth, expense management, capital and investment management, and regulatory affairs. - Coordinated and collaborated with the CEO, CFO, and COO in sales, marketing, underwriting, policy services, loss prevention and technology implementations.

Strategic management of new product development initiatives and functional leadership of regional team responsible for growth and profit of diverse insurance product portfolio.- Developed and executed comprehensive distribution strategy that resulted in the elimination of over $100 million in coastal exposure in Louisiana. - Directed the research, design, development and distribution of an affluent homeowner insurance product as a key component of an aggressive market strategy. - Identified and executed successful agency book roll strategies and led a cross functional that led to an increase in NWP of over $12 million. - Designed and implement a countrywide Motorcycle product to enhance franchise value with key agent partnerships.- Lead cross functional team tasked with developing programs to leverage Customer Service Center capabilities that would strengthen distribution relationships.- Led Product Management & Development, underwriting, data analytics, pricing & actuarial oversight- Collaborated with claims, reinsurance and senior executive management in a rapidly growing, publicly traded property casualty insurance holding company with written premiums in excess of $500 million.

New York, Ny, Us

Executive oversight of complex insurance products, achieving profitable revenue growth of Property & Casualty book from $85 million to $500 million. - P&L ownership of the largest region for AIG, responsible for Non-Standard Auto, Commercial Vehicle, motorcycle and recreation products in the West region. - Set strategic direction for all aspects of product pricing and positioning to achieve net income targets. - Responsible for the development, mentoring and management of product management and sales staff.- Served as the primary liaison with regulators, key industry associations and vendors to establish tactical goals consistent with market conditions and internal targets. - Lead efforts to design and implement new product and distribution strategy to accelerate profitable growth. - Responsible for countrywide strategic management of Motorcycle insurance and Commercial Vehicle products active in 32 states, generating over $8 million in net income. - Executive liaison for IT, providing oversight on design and programming of sales and service technologies.

Birmingham, Alabama, Us

- P & L responsibility for Private Passenger Auto Products.

Bsba, Finance

Associates, Reinsurance

Postgraduate Degree, Data Science