Rick Nesbitt Email and Phone Number
As an innovative Insurance Executive with a proven track record in driving rapid business growth, streamlining operations, and empowering teams, I specialize in transforming insurance sectors through strategic planning and advanced solutions. My expertise spans building and scaling businesses, achieving substantial revenue milestones, and developing turnkey solutions that enhance the capabilities of Managing General Agents (MGAs). With a unique blend of technical insight and leadership experience, I am adept at creating customizable platforms to streamline underwriting processes across various insurance types.Throughout my career, I have demonstrated an exceptional ability to grow businesses to significant revenue targets, including a notable $250M milestone. My experience includes crafting and executing strategies that have consistently turned new ventures into profitable entities for multiple carriers. As an expert in developing and implementing turnkey MGA solutions, I have automated and tailored underwriting guidelines for diverse insurance types, including general liability and medical malpractice.My background in the insurance industry is complemented by early career roles in reinsurance with General Re and Guy Carpenter. I am known for my leadership and team development skills, having mentored and empowered hundreds of employees to excel in their roles, ensuring they are well-equipped to make impactful decisions and succeed in their careers.Qualifications & Career Highlights• Business Growth and Profitability: Successfully built businesses to achieve significant revenue targets, including a $250M milestone. Developed new ventures into profitable entities through strategic planning and execution.• Turnkey MGA Solutions: Expert in creating and implementing solutions that enable insurance agents to write policies via customizable software platforms. Automated underwriting guidelines for various insurance types, enhancing efficiency and adaptability.• Industry Expertise: Extensive knowledge and experience in the insurance sector, with early roles in reinsurance with General Re and Guy Carpenter.• Leadership and Team Development: Recognized for inspiring and empowering teams, mentoring hundreds of employees, and fostering a collaborative environment that supports individual and team success.Driven by a commitment to excellence and a passion for innovation, I continue to seek opportunities to advance the insurance industry and support the growth of both individuals and organizations.
Cover Your Assets
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PartnerCover Your Assets Jul 2023 - PresentAtlanta Metropolitan AreaOversee insurance product development. -
Vice PresidentRli Insurance Company 2016 - 2022Greater Atlanta AreaEstablished and managed the General Binding Authority (GBA) Business Unit, overseeing a budget of $7M in expenses and driving $80M in revenue premiums. Directly accountable for the unit's profit and loss (P&L). Directed a team of 6 direct reports nationwide, optimizing team performance and achieving aggressive business expansion goals within budgetary constraints. Managed vendor relationships and oversaw the customization of software solutions, ensuring alignment with business needs and rapid… Show more Established and managed the General Binding Authority (GBA) Business Unit, overseeing a budget of $7M in expenses and driving $80M in revenue premiums. Directly accountable for the unit's profit and loss (P&L). Directed a team of 6 direct reports nationwide, optimizing team performance and achieving aggressive business expansion goals within budgetary constraints. Managed vendor relationships and oversaw the customization of software solutions, ensuring alignment with business needs and rapid deployment timelines. Show less -
Vice PresidentRockhill Underwriting Managers 2010 - 2015Atlanta, GeorgiaSpearheaded the creation, development, and management of the General Binding Authority (GBA) Unit, reporting directly to the COO. Developed strategic initiatives to establish presence in the GBA market segment, focusing on profitability and growth. Managed a team of 2 direct reports initially, scaling operations and resources to meet business objectives.
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Senior Vice PresidentRsui Group, Inc. 2005 - 2010Greater Atlanta AreaLed the establishment and management of the Binding Authority Unit, reporting directly to the Chairman. Developed and executed the strategic vision for the Binding Authority Unit, aligning with corporate goals and market demands. Created and launched a new business unit to enhance RSUI's product offerings and market presence. Established operational frameworks, including underwriting guidelines, processes, and technology integration to streamline business operations. -
Executive Vice PresidentCrump Insurance 2001 - 2005Dallas, TexasServed as second in charge of the second largest wholesale broker in the U.S., overseeing day-to-day operations of 35 branch offices nationwide, guiding hundreds of employees, developing new products, and managing Binding Authority Relationships. Collaborated closely with the President and Board of Directors to execute corporate strategies and achieve business growth objectives. Executed strategic initiatives to expand product offerings and enhance service delivery across branch networks.
Rick Nesbitt Education Details
Frequently Asked Questions about Rick Nesbitt
What company does Rick Nesbitt work for?
Rick Nesbitt works for Cover Your Assets
What is Rick Nesbitt's role at the current company?
Rick Nesbitt's current role is Insurance Executive – Strategy | Turnkey MGA Solutions | Program Management | Business Growth | Profitability | Leadership.
What schools did Rick Nesbitt attend?
Rick Nesbitt attended Marquette University.
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Rick Nesbitt
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Rick Nesbitt
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