David L. Stegall, CPCU, ARM, ARe, RPA
Cirriculum Vitae
Professional Experience
Risk consulting to commerce, industry and government; management consulting to the insurance, self-insurance and reinsurance industries; expert witness in litigation.
CRC is the largest wholesale insurance broker in the U.S. and wholly owned subsidiary of BB&T, whose insurance division is one of the nations largest insurance brokers. Provided alternative risk management services and transfer products nationwide to independent agents, program administrators, self-insurers, self-insured groups, insurance carriers, captive insurers, reinsurers, associations, affinity groups and other entities willing and able to bear risk.
Midwest Employers is a wholly owned subsidiary of W.R. Berkley and provides excess workers’ compensation, alternative risk, insurance, reinsurance products and consulting services to risk-bearing employers and entities nationwide on both a primary and excess basis. Provided excess insurance regionally and reinsurance nationally. Developed Midwest’s Large Deductible Program launched successfully in 2003.
AmComp is one of the largest workers’ compensation carriers in Florida with gross written premiums over $150 million. Developed a national fronting program allowing AmComp to go from writing business in one state to over twenty states in one year.
National Account, Risk Management, Alternative Risk, Highly Protected Risks and Program Development Manager. Acted as coordinator of advanced risk management techniques and methods to national account clients.
Managed and marketed a managed care workers’ compensation program. Incorporated and managed ManagedCare Mutual Captive Insurance Company (Georgia’s 2nd domiciled captive); Also served as a consultant in the formation of the Georgia Timber Harvester’s Mutual Captive Insurance Company (Georgia’s 3rd domiciled captive).
Developed, managed and marketed the Day’s Inn Franchisee Insurance Program, Central Bank’s Correspondent Banking Program and Peachstate Underwriters Trust, a workers’ compensation self-insured fund in Georgia.
Specialized in contracting accounts with emphasis on heavy casualty and surety accounts.
Trained as an Aetna Casualty & Surety Personal & Commercial Lines Underwriter.
Education
Auburn University B.A. 1979 Speech Communications
Coles Graduate School of Business, Kennesaw State University
Associations
Gerson Lehrman Group Consulting Council
Reuters Insight Community of Experts
GuidePoint Global Knowledge Network
Defense Research Institute Expert Witness
Registered Professional Adjusters Association
North Alabama Society of Chartered Property & Casualty Underwriters, Former Director
Alabama Independent Agents Association – 1978 to 1988
Georgia Independent Agents Association – 1988 to 1993
Georgia Captive Association – 2003 to 2006
Vermont Captive Association – 2003 to 2006
Captive Insurance Company Association – 2003 to 2006
National Association of Surplus Lines Offices – 2003 to 2006
Self-Insurance Institute of America – 2001 to 2006
Speaking Engagements
Georgia Independent Agents Association Convention 1992 & 1993
Atlanta University Center’s Risk Management Symposium 1993
Auburn University School of Business Financial Managers Association 1995
Florida Association of Self Insurer’s Annual Convention 2002
Georgia Captive Association Convention 2003
Samford University School of Business Insurance & Risk Management Symposium 2006
Professional Designations
1988 - Chartered Property & Casualty Underwriter (CPCU)
1991 - Associate in Risk Management (ARM)
1999 - Associate in Reinsurance (ARe)
2008 - Registered Professional Adjuster (RPA)
CPCU Course Study
Foundations of Risk Management, Insurance, and Professionalism; Insurance Operations, Regulation, and Statutory Accounting; The Legal Environment of Insurance; Business and Financial Analysis; Commercial Property Risk Management and Insurance; Commercial Liability Risk Management and Insurance; Survey of Personal Risk Management, Insurance, and Financial Planning; Personal Risk Management and Property-Liability Insurance; Personal Financial Planning; Survey of Commercial Risk Management and Insurance; Financial Services Institutions.
ARM Course Study
Risk Assessment - Establishing Risk Management Programs; The Risk Management Process; Legal Foundations of Liability Loss Exposures; Assessing Property, Liability, Personnel, and Net Income Loss Exposures; Management Liability and Corporate Governance; Forecasting Losses; and Cash Flow Analysis.
Risk Control - Controlling Property, Personnel, Liability, and Net Income Loss Exposures; Intellectual Property Loss Exposures; Criminal Loss Exposures; Disaster Recovery for Property Loss Exposures; Understanding Claim Administration; Fleet Operations Loss Exposures; Environmental Loss Exposures; Understanding System Safety; Motivating and Monitoring Risk Control Activities.
Risk Financing - Understanding Risk Financing; Insurance as a Risk Financing Technique; Insurance Plan Design; Reinsurance and Self-Insurance; Retrospective Rating Plans; Captive Insurance Plans; Finite and Integrated Risk Insurance Plans; Capital Market Risk Financing Plans; Forecasting Accidental Losses; Self-Insurance Plans; and Purchasing Insurance and Other Risk Financing Services and Risk Financing Needs.
ARe Course Study
Primary Insurance Coverage - Overview of Personal Insurance, Personal Auto, Homeowners Insurance, Miscellaneous Personal Insurance Coverage, Commercial Property Insurance, Business Income Insurance, Inland and Ocean Marine, Commercial General Liability, Commercial Auto, and Workers Compensation and Employers Liability Insurance.
Reinsurance Principles and Practices - Introduction to Reinsurance, Types of Reinsurance and Reinsurance Program Design, The Reinsurance Placement Process, Common Reinsurance Treaty Clauses, Quota Share Treaties, Surplus Share Treaties, Property Per Risk Excess of Loss Treaties, Casualty Excess of Loss Treaties, Catastrophe Reinsurance, Aggregate Excess of Loss Treaties, Reinsurance Audits, Reinsurance Regulation, Reinsurance Aspects of the NAIC Annual Statement, and Reserves.
RPA Course Study
Claims Adjusting Principles and Practices - Insurance Carrier Claims Management and Third Party Claims Administration, First & Third Party Claims: Property, General Liability, Automobile Liability & Physical Damage, Workers’ Compensation, Management Liability, Professional Liability, Errors & Omissions Liability, Fiduciary Liability, Surety & Fidelity Bond Claims, Admiralty Law, Marine Employers Liability, Protection & Indemnity Claims. The concept of Indemnity; Wrongful Acts; Fair Claims Settlement Practices and Unfair Claims Settlement Practices.