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H. TIMOTHY BREEN
Forty-four years of experience in Property, Casualty and Marine insurance. Focused on risk management consulting to large multinationals with particular emphasis on the use of alternative risk finance mechanisms and techniques. Track record includes the formation of several captive insurance companies, the development of finite risk programs for the enhancement of credit risk within asset backed securitizations, and the use of insurance products to enhance client services as well as to generate fee income. Founded and managed Marsh, Inc.’s Capital Markets Group, which specializes in risk management consulting to investment banking / merger and acquisition activities.
COMPANY POSITIONS
NOTABLE EXPERIENCE / ACHIEVEMENTS
Forty-four years of experience in Property, Casualty and Marine insurance. Focused on risk management consulting to large multinationals with particular emphasis on the use of alternative risk finance mechanisms and techniques. Track record includes the formation of several captive insurance companies, the development of finite risk programs for the enhancement of credit risk within asset backed securitizations, and the use of insurance products to enhance client services as well as to generate fee income. Founded and managed Marsh, Inc.’s Capital Markets Group, which specializes in risk management consulting to investment banking / merger and acquisition activities.
COMPANY POSITIONS
- FIRST CHOICE INSURANCE INTERMEDIARIES Executive Vice President / Partner
- ALTERNATIVE INSURANCE WORKS, LLC Founder and President
- UNI-TER CORPORATION President
- BANK OF NEW YORK – CAPTIVE AGENCY EVP - business development
- MARSH & McLENNAN, INC. V P and founder, Capital Markets Group
- ALEXANDER & ALEXANDER V P / Director, Foreign Multinational Business
- FRED S. JAMES & CO. V P Commercial Accts & Product Development
- CHUBB CORPORATION Commercial Risks Underwriter
NOTABLE EXPERIENCE / ACHIEVEMENTS
- Assisted with the formation and continues on the Management Board of the 2nd largest captive insurance company ($3.8 BIL Assets – 16 years old) domiciled in New York State.
- Experienced with high risk operations, including multinational chemical and pharmaceutical, and transportation industries
- Knowledgeable in all aspects of Commercial Property Insurances, including Business Interruption coverages, and valuation terms and conditions.
- Advised two large multinational logistics companies on all aspects of insurance and risk management
- Experienced in Workers Compensation cost containment structures, risk management, and risk finance programs
- Accomplished with Commercial General Liability, Product Liability, Professional Liability, CYBER Liability, and other financially oriented risks and insurance coverages
- Published “ Risk Evaluation “, The Corporate Acquisition Planner, Executive Enterprises Publishing Co.