Nicholas Peepas Email & Phone Number

Oversaw P&L results and managed to profitability targets. Collaborated with Senior Claims, Loss Control and Actuarial executives to address market conditions by achieving double digit rate change as part of the underwriting initiatives and objectives. Worked with Home Office actuarial to set target loss ratios and formulate pricing models.

New York City

Crafted underwriting guidelines, processes, referral requirements, training program, audit procedures, Product Line appetite, target classes and hazard grades. Met with Strategic and National Partners to provide insight on appetite and target classes. Worked with Regional Presidents to build out and train the local underwriting teams.

Greater New York City Area

Responsible for establishing a new underwiring unit focusing on Upper Middle Market retail general liability business.

New York City

• Referral manager to 6 regions for Workers Compensation, General Liability and Auto Liability lines of business.
• Evaluated and monitored divisional underwriting practices to meet pricing and business mix requirements.
• Drove results for the division by improving financial performance through planned rate increases, execution of risk strategy and mix of business strategies.
• Monitored key metric results including: NLR’s for GC programs, rate, G&A, renewal retention, program changes and commission.

New York City

• Directed 6 regional underwriting managers and staff to improved financial performance through execution of risk selections strategies, AQI improvement, mix of business strategies and implementation of predictive.
• Drove GAAP results consistent with budget including controllable expenses and loss ratio.
• Within the overall target operating model for US Casualty, partnered with the regions on establishing training program for underwriters.
• Continued to support the tied Primary and Excess reverse flow business, work with Regional Senior Casualty management on reporting of results, processes, and workflow analysis.

New York City

• Oversaw servicing and profitability of tied Primary Casualty and Excess reverse flow business, ensuring compliance with filed rate and form requirements. Managed a book of $150M and a team of 5 underwriting.
• Lines of business include Workers Compensation, General Liability and Auto Liability.
• Interacted proactively with corporate senior management as well as internal departments (Finance, Claims, and Legal) and division executives.
• Prepared and delivered monthly overviews of production and global underwriting issues.
• Trained foreign underwriters on US casualty underwriting standards and procedures to assist in their global program offerings.
• Participated on internal team for set up, testing and launch of Division 44 in DMS.

New York City

• Collaborated with Sales and Marketing in creating marketing plans for the New York and Boston brokers and agents including the development and execution of the Division’s production strategies.
• Collaborated directly with clients and brokers to sell / negotiate deals for multinational casualty programs.
• Prepared and delivered forecast and analysis of production to Regional and Senior Management.
• Program structures included Loss Sensitive, Self-Insured Retentions and Guaranteed Cost.

Athens, Greece

• Managed Primary Casualty, Excess Casualty and Crisis Managements budgets for the Middle East, Mediterranean and South Asia (MEMSA) countries.
• Oversaw marketing of all casualty lines of business and regional cross-sell initiatives.
• Set direction and priorities for local profit center managers and underwriters.
• Supervised Casualty Profit Center requirements for the opening of local AIG offices in India, Sri Lanka, Oman, Dubai, Kuwait, Egypt, Lebanon, and Israel.
• Ensured casualty products were ready to be sold; trained staff; oversaw governmental approval process for policies.
• Developed new products to meet the specific needs of local offices including Product Liability / Product Recall policy and a Small Business Package policy.

New York, New York, United States

• Managed risk referral and portfolio results for Africa / Middle East, Far East, and Latin American regions.
• Handled all aspects of account referral underwriting for the International Excess Profit center.
• In charge of referrals of U.S. domiciled accounts brokered in the London market.
• Directed Fortune 500-size accounts with $100 million in Excess liability capacity.

New York, New York, United States

• Lead Home Office underwriter for the Africa/Middle East and Far East regions.
• Assisted managers on foreign multinational accounts.
• Risk classifications included petrochemical, utilities, pharmaceuticals, chemical, mining and railroad exposure.