Daniel Barrett
Parker,CO
Summary
Dynamic leader with extensive experience in the commercial excess and surplus lines insurance market, recognized for strong underwriting skills and a commitment to excellence. Proven track record of driving results through strategic decision-making and effective team collaboration. Core competencies include risk assessment, policy development, and broker relationship management. Aspires to leverage expertise in a challenging role that fosters growth and innovation within the insurance sector.
Overview
25
25
years of professional experience
Work History
Senior Underwriter
The Hartford Insurance Group
Houston, TX
12.2020 - Current
- Use authority to decide whether to accept, reject or suggest modifications to submission proposals.
- Work alongside internal departments to cross-sell the company's offerings.
- Negotiate coverage and policy pricing during meetings and calls with brokers.
- Implement underwriting strategies to minimize risk and maximize profitability.
- Write $15,000,000 in annual premium. Had up to $10,000,000 in limit authority if in the lead layer; up to $25,000,000 in limit authority if attaching higher up in the tower.
Vice President
Southwest Risk, LP
Dallas, TX
05.2019 - 03.2020
- Wholesale Broker with a focus on Construction and Energy Business.
- Marketed to Retail Agents in the Dallas, TX, Houston, TX and Seattle, WA.
- Spent a lot of time training younger broker that also focused on Construction and Energy Business. Training involved marketing to Retail Agents, the ISO Coverage Form and various company specific endorsements and the best submittal to market process to provide Underwriters with the necessary information to provide the best quote.
Vice President
West Congress Insurance Services
Dallas, TX
01.2016 - 02.2019
- Opened and managed the Dallas office of the company, which was a new MGU start-up.
- Oversaw the Southwest Territory, focusing on writing Construction, Energy, and Products business. We wrote CGL, supported, and unsupported XS.
- Responsible for hiring and managing underwriters and support staff.
- Responsible for marketing the company's underwriting philosophy, appetite, and guidelines, with the goal of appointing brokerages that are able to partner with us in writing profitable business.
- Exceeded premium goals both personally and as an office each year.
Founding Partner
Risk Transfer Partners
Dallas, TX
04.2013 - 01.2016
- Founded a wholesale brokerage focused on construction, energy, products, and the auto business.
- Responsible for acquiring appointments with carriers, and managing those relationships.
- Hired, trained, and mentored staff members to maximize productivity.
- Led strategic planning and execution to enhance profitability and company growth.
- Leveraged trends in customer industries and marketplaces to shape solutions and approaches.
- Developed and implemented strategic business plans to guide the startup from conception to operational success.
- Maintained relationships with existing clients while seeking out new opportunities.
Vice President
Southwest Risk, LP
Dallas, TX
01.2005 - 04.2013
- Was the first casualty broker hired by Southwest Risk, which had previously focused on the Commercial Property Business.
- Developed relationships with carriers in the Excess and Surplus Lines market, and managed these relationships, as well as premium goals.
- Leveraged industry trends to shape solutions and approaches for clients.
- Developed and maintained relationships with clients to identify their insurance needs.
- Responsible for training new brokers, with a focus on coverages and carrier appetites.
- Led the company in production, writing $20,000,000 in premium.
Underwriter
Cover X Corp
Dallas, TX
03.2000 - 01.2005
- Negotiated terms and conditions with producers to ensure profitable growth for the company.
- Conducted accurate and thorough risk selection with proper classification of insureds.
- Created comprehensive underwriting reports detailing account information, pricing strategies, competitor data.
- Provided guidance to junior underwriters on complex cases while ensuring accuracy of decisions made.
- Evaluated new policy applications and renewal submissions to determine financial liabilities and company risk.
Education
Centralia Community College
CentraliaSkills
- Portfolio management
- Risk assessments
- Cost-benefit analysis
- Analyzing data
- Industry trends
- Developing policies
- Risk evaluations
- Risk management
Affiliations
- Spending time with my wife and 10 year old son.
- Watching and playing sports with my son, particularly golf.
- Hiking
- Traveling
- Working with the local chapter of the MS Society.
Timeline
Senior Underwriter
The Hartford Insurance Group
12.2020 - Current
Vice President
Southwest Risk, LP
05.2019 - 03.2020
Vice President
West Congress Insurance Services
01.2016 - 02.2019
Founding Partner
Risk Transfer Partners
04.2013 - 01.2016
Vice President
Southwest Risk, LP
01.2005 - 04.2013
Underwriter
Cover X Corp
03.2000 - 01.2005
Centralia Community College
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