Michael Scott

Michael Scott Email and Phone Number

Attorney at Law at Allison & Mosby-Scott @ Allison & Mosby-Scott
Michael Scott's Location
Bloomington, Illinois, United States, United States
About Michael Scott

Michael T. Scott is an attorney, strategic leader and risk manager who excels at helping organizations meet their strategic goals through creative and proactive legal and risk management strategies. Demonstrated ability in advanced legal work, strategic planning and risk management program design and implementation. Consistent record of working with clients to understand, manage and finance for operational, legal, regulatory and reputational risks.Specific strengths:Business and Commercial LawHealthcare LawMergers and AcquisitionsCrop InsuranceLeadershipCollaborationMentoring and developmentNegotiationCorporate GovernanceClaims and Litigation ManagementEnterprise Risk ManagementCaptive Insurance/ReinsuranceP&L ManagementFinancial Reporting Licensed to Practice Law in the States of Illinois and Vermont. Licensed Property/Casualty Insurance Broker in the State of Illinois. Certified Public Accountant.

Michael Scott's Current Company Details
Allison & Mosby-Scott

Allison & Mosby-Scott

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Attorney at Law at Allison & Mosby-Scott
Michael Scott Work Experience Details
  • Allison & Mosby-Scott
    Attorney At Law
    Allison & Mosby-Scott Mar 2024 - Present
    Bloomington, Il, Us
    Michael’s practice areas include business and commercial law; business organization and transactions; mergers and acquisitions; estate planning; healthcare; crop insurance; and captive insurance company taxation, formation and regulation. Michael also serves as President of Allison & Mosby-Scott Risk Management, the firm’s risk management consulting practice.
  • Farmer'S Business Network, Inc.
    Vp & Associate General Counsel, Insurance & Litigation
    Farmer'S Business Network, Inc. Mar 2022 - Mar 2024
    San Mateo, California, Us
    Michael was VP & Associate General Counsel, Insurance and Litigation for FBN. In this role he lead the insurance legal, regulatory, brokerage, compliance and litigation functions for the FBN family of companies. Specifically, Michael provided legal counsel, guidance and oversight of all areas of the Company’s insurance and risk management programs; managed FBN brokerage relationships, including all associated insurance coverages and claims matters; manages FBN’s self-insured risk vehicles, including captive insurance companies; strategically managed total cost of risk in connection with Treasury and Finance; advised and structured FBN Insurance with respect to agency and AIP issues as well as with reinsurance and other capital markets; provided strategic support for insurance corporate development initiatives and integration of newly acquired businesses post-closing; managed, counseled, and advised on matters with respect to the US Federal Crop Insurance Program; Michael also managed all litigation and collection matters for FBN, including supervising FBN's outside counsel.
  • Allison & Mosby-Scott
    Attorney At Law
    Allison & Mosby-Scott Aug 2017 - Jun 2022
    Bloomington, Il, Us
    Headed the firm’s Business Law practice and served as President of Allison & Mosby-Scott Risk Management, the firm’s risk management consulting practice. Michael’s practice areas included business and commercial litigation; business organization and transactions; mergers and acquisitions; ERISA; contracts; crop insurance and captive insurance company taxation, formation and regulation.
  • Archer Daniels Midland Company
    Vice President, Insurance And Risk Management/President & General Counsel, Agrinational Ins. Co.
    Archer Daniels Midland Company Jan 2014 - Aug 2017
    Chicago, Il, Us
    Headed ADM’s Insurance & Risk Management Department with responsibility for ADM’s global insurance programs, ADM’s captive insurance operations and ADM’s claims and worker's compensation areas. Served as President and General Counsel of Agrinational Insurance Company and its subsidiaries, including being responsible for the P&L, financial reporting and corporate governance for these entities. Served as a Director and member of the Audit Committee of United Insurance Company, a Cayman Island insurer. Supervised a staff of eighteen and the activities of ADM’s brokers, loss control engineers and other service providers. Worked with senior management on risk identification and risk management across all of ADM’s business units. Provided legal advice to ADM's captive and crop insurance operations.• Formed an insurance subsidiary in Illinois to save approximately $4 million a year on insurance self-procurement taxes.• Acquired an insurer with licenses in 42 states to be the fronting carrier on crop and property insurance which resulted in a cost savings of approximately $2 million per year.• Acquired a crop insurance MGA and oversaw the growth of that business from $28 million to $550 million in gross written premium; ultimately oversaw the sale of that business for a gain of $120 million.• Was the second captive insurer to reinsure employee benefit programs, including life insurance and LTD in the US and multi-national life and health pooling outside the US, for an annual savings of $2 million.• Directed the growth of ADM's Owner Controlled Insurance Program to achieve a cumulative savings of approximately $120 million over 14 years while significantly improving contractor safety.• Oversaw the handling of approximately 4000 open claims per year with an incurred value of approximately $250 million.• Placed over $2 billion of reinsurance annually.• Managed the P&L of ADM’s captive operations to return $60 million of invested capital in three years.
  • Archer Daniels Midland Company
    Director - Insurance Operations
    Archer Daniels Midland Company Sep 2010 - Jan 2014
    Chicago, Il, Us
    Responsible for the operational management of ADM’s Insurance & Risk Management Department, including development, placement, and administration of ADM’s global insurance programs; oversight and management of ADM’s insurance and crop insurance operations, including financial reporting, management oversight and placement of all reinsurance; and administration and supervision of ADM’s claims and worker's compensation areas. Served on ADM's enterprise risk management committee. Supervised a staff of sixteen employees. Served as a Director and member of the Audit Committee of United Insurance Company, a Cayman Island insurer. Provided legal advice to ADM's captive and crop insurance operations.
  • Archer Daniels Midland Company
    Global Manager - Insurance & Risk Management
    Archer Daniels Midland Company Jan 2008 - Sep 2010
    Chicago, Il, Us
    Responsible for the operational management of ADM's Insurance & Risk Management Department, including development, placement, and administration of ADM's global insurance programs; oversight and management of ADM's captive insurance operations; and oversight and administration of ADM's claims and worker's compensation areas. Supervised a staff of fourteen employees. Provided legal advice to ADM's captive insurance operations.
  • Archer Daniels Midland Company
    Manager - International Insurance
    Archer Daniels Midland Company Mar 2003 - Jan 2008
    Chicago, Il, Us
    Responsible for the development, placement, and administration of ADM's global insurance programs; oversight and management of ADM's captive insurance operations, and administration of ADM's property, river marine and ocean marine claims. Supervised a staff of five people. Provided legal advice to ADM's captive insurance operations.
  • State Farm Insurance
    Counsel
    State Farm Insurance Jul 1999 - Feb 2003
    Bloomington, Illinois, Us
    Practiced in the areas of records management, contract law, employment law and general corporate law.
  • State Farm Insurance
    Assistant Counsel
    State Farm Insurance Jul 1995 - Jun 1999
    Bloomington, Illinois, Us
    Managed bad faith and class action litigation.
  • State Farm Insurance
    Law Clerk
    State Farm Insurance May 1994 - Dec 1994
    Bloomington, Illinois, Us
    Researched coverage issues and helped draft coverage opinions on auto and homeowner's claims.
  • State Farm ®
    Intern
    State Farm ® May 1993 - Dec 1993
    Bloomington, Illinois, Us
    Worked in State Farm’s life insurance competitive services department.
  • State Farm ®
    Associate
    State Farm ® May 1986 - Dec 1991
    Bloomington, Illinois, Us
    Worked in State Farm’s investment accounting, corporate tax and mutual funds departments.

Michael Scott Skills

Risk Management Captives Claims Management Reinsurance Alternative Risk Financing Reinsuring Employee Benefits In A Captive Property And Casualty Insurance Contractual Risk Transfer Enterprise Risk Management Litigation Management Financial Reporting Brokers Captive Insurance Casualty Claim Commercial Insurance Corporate Finance Commodity Risk Management Corporate Law Corporate Governance Leadership Collaborative Leadership P&l Management Coaching And Mentoring Employee Benefits Excess Financial Risk General Insurance Insurance Legal Compliance Liability Mergers And Acquisitions Operations Management Operational Risk Management Negotiation Management Underwriting Risk Financing Sarbanes Oxley Act Risk Assessment Workers Compensation

Michael Scott Education Details

  • Southern Illinois University School Of Law
    Southern Illinois University School Of Law
    Law
  • University Of Illinois Urbana-Champaign
    University Of Illinois Urbana-Champaign
    Accountancy

Frequently Asked Questions about Michael Scott

What company does Michael Scott work for?

Michael Scott works for Allison & Mosby-Scott

What is Michael Scott's role at the current company?

Michael Scott's current role is Attorney at Law at Allison & Mosby-Scott.

What is Michael Scott's email address?

Michael Scott's email address is mi****@****ott.com

What is Michael Scott's direct phone number?

Michael Scott's direct phone number is +130984*****

What schools did Michael Scott attend?

Michael Scott attended Southern Illinois University School Of Law, University Of Illinois Urbana-Champaign.

What skills is Michael Scott known for?

Michael Scott has skills like Risk Management, Captives, Claims Management, Reinsurance, Alternative Risk Financing, Reinsuring Employee Benefits In A Captive, Property And Casualty Insurance, Contractual Risk Transfer, Enterprise Risk Management, Litigation Management, Financial Reporting, Brokers.

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