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59+ Years in and I know that in life, the one most important thing is personal integrity, being true to who you are … and kindness … that’s actually two things.Find our passion, set our direction, and have the confidence to stay the course.Having spent the 23 years on the insurance carrier side and 14+ on the agency side, I have developed a unique ability to:• Thoroughly understand our client's needs and embed that within the carrier underwriting process. • Speak the underwriter’s language.• Recognize the serious shortcomings of the current quotation process and the factors that create a “herd mentality” when determining your premium costs. My distinctive risk management skill set enables me to identify critical risk exposures and create unique solutions that will maximize my clients’ bottom-line profitability.At Guy Hurley, our risk analysis solutions include:• Listening• Frequency/ Severity Loss Analysis and Management;• Workers' Compensation Experience Modification Cost Containment;• Claim Management Oversight;• Risk Transfer Analysis;• Personal Risk Assessment and Solutions• Annual Total Cost of Risk Reduction.Areas of focus: High Net Worth Individuals, Construction, Property Management, Manufacturing, Wholesale, and Social Services.
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PartnerGuy Hurley Insurance & Surety Services Jul 2024 - Present -
PresidentGuy Hurley, Llc Apr 2016 - Jul 2024Rochester Hills, Michigan, United States -
Vice President Of Property And Casualty OperationsGuy Hurley, Llc Apr 2009 - Mar 2023As a partner within the agency, my primary areas of focus are:Provide total risk management solutions for my commercial insurance clients; manage the overall Property & Casualty operations, including staff development; collaborate on large, complex accounts with other partners and producers; and as a member of the Board of Directors, work with our team to constantly improve our Best Practices, thus ensuring that Guy Hurley remains a leader in delivering uniquely creative and progressive solutions to our client’s Risk Management and Surety needs.Industry Segments Areas of Expertise: • Bio-Technology; • Energy; • Healthcare; • Legal Services; • Manufacturing; • Service Industry.
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Branch Vice PresidentCna Insurance Apr 2002 - Apr 2009Joined CNA Insurance Company in Richmond, Virginia in 2002 and transferred to Michigan in April of 2004 to manage CNA’s $150,000,000 Michigan Operations.As a Branch Vice President for seven years, I held the responsibilities of oversight of all aspects of CNA’s Commercial Insurance operations for the states of Virginia and Michigan. Areas of responsibility included: Managing growth; reviewing and approving coverage terms and conditions; and determining final pricing/ collaborate on rates structure for the following areas of coverages: • Property Insurance; • General Liability: Premises Liability and Products Liability; • Automobile Liability; • Worker’s Compensation Disability; • Professional Liability: Medical, E&O, D&O; • Cyber Liability; • International Exposures ; • Ocean Marine/ Cargo.Setting direction for Claim and Risk Control services: • Participating in claim reviews and discuss application coverage; • Aligning CNA’s Claim Service strategy with key Michigan Agency partners and key policyholders; • Participating in Claim Strategy Reviews: Team member for the company’s strategy in improving our service policy for demographically specific segments of our claimant population; • Working with Risk Control team to fine tune and then implement our client service strategy; • Collaborating with Risk Control to craft specific and meaningful Risk Management reduction plans for our policyholders.People management responsibilities that included, but were not limited to, the following: • Setting Branch strategy for: Growth, Profit, Policyholder Pricing, and Policyholder Retention; • All personnel matters, including hiring, training, reprimands, terminations, downsizing plans; • Conflict Resolution; • Conducting/ overseeing Branch training; • Office Workflow; • Budgeting; • Marketing. -
Business Development ManagerFiremans Fund Insurance Company Sep 2000 - Apr 2002Management of Fireman’s Funds Baltimore and Richmond Underwriting offices. Key charges were:• Establishing Branch strategic direction.• Responsible for retaining key clients, acquiring new clients, and the overall development of premium cost for all Branch clients.• Accountable for Branch profitability.• Oversight and management of Fireman’s Funds Maryland and Virginia insurance agents.• Management of an underwriting staff located in both Baltimore and Richmond offices. -
Executive UnderwriterReliance Insurance Sep 1999 - Sep 2000Worked in the Richmond, Virginia Branch as an executive commercial lines underwriter. Handled both guaranteed cost and loss sensitive products. Underwrote clients with a wide range of operations spanning the gambit of low hazard, low premium-cost to high hazard and complex policy structure.Worked extensively with Reliance’s Risk Control and Claims Departments to dissect our client’s loss trends and key cost drivers. A process that involved creating targeted “Claim Budgets” for each client and assisting them in managing down their insurance costs via interactive Risk Control and Claim Action Plans. -
Senior UnderwriterFiremans Fund Insurance Company Apr 1991 - Sep 1999Held the position of Senior Commercial Lines Underwriter and National Accounts Executive Underwriter. Job duties included:• Production Underwriter for all lines of coverage: Selected and priced commercial business insurance products. Worked directly with my assigned agency partners to manage the insurance products for new and renewal clients. • Workers’ Compensation Expert for the Richmond Branch: Underwrote and managed the Workers’ Compensation product for the Fireman’s Fund’s Virginia operations.• National Accounts Executive Underwriter: Underwrote and marketed large loss sensitive products (Deductibles and Retrospective products) for Fireman’s Funds Virginia and Maryland clients. -
Commercial UnderwriterUsf&G 1986 - 1991Managed $6 million of insurance premiums for clients located in Virginia. Handled all lines of insurance for clients with operations that included: Heavy Construction, Hospitality, Manufacturing, Municipalities and School systems, Propane manufacturing and distribution, Metal working and distribution.
Richard Mcgregor Skills
Richard Mcgregor Education Details
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Finance And Economics -
Midlothian High School -
East Anchorage High School
Frequently Asked Questions about Richard Mcgregor
What company does Richard Mcgregor work for?
Richard Mcgregor works for Guy Hurley Insurance & Surety Services
What is Richard Mcgregor's role at the current company?
Richard Mcgregor's current role is Partner.
What is Richard Mcgregor's email address?
Richard Mcgregor's email address is rm****@****hbh.com
What is Richard Mcgregor's direct phone number?
Richard Mcgregor's direct phone number is +124851*****
What schools did Richard Mcgregor attend?
Richard Mcgregor attended Virginia Commonwealth University - School Of Business, Midlothian High School, East Anchorage High School.
What are some of Richard Mcgregor's interests?
Richard Mcgregor has interest in Food And Wine, Snowboarding, Innovative Leadership Ideas, Travel.
What skills is Richard Mcgregor known for?
Richard Mcgregor has skills like Property And Casualty Insurance, Insurance, Workers Compensation, Claim, Underwriting, Professional Liability, Risk Management, Legal Liability, D&o, Commercial Lines, Inland Marine, Liability.
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Richard McGregor
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