I'm a very family oriented person that enjoys coaching all three of my children I started a non-profit club softball program with 5 teams, 10u -18u, that currently travels the east coast
David Russo
Lebanon,NJ
Summary
Experienced insurance professional with a strong background in Property & Casualty (P&C) and Employee Benefits, offering over 20 years of expertise. Proven track record of driving growth, enhancing operational efficiency, and delivering exceptional service. Known for a solution-oriented approach, effective communication, and delivering results in complex, fast-paced environments. Looking to leverage leadership skills and industry knowledge to contribute to organizational success.
Overview
17
17
years of professional experience
Work History
Managing Partner/Leader of NJ Offices
Alera Group
07.2023 - Current
- Set the forward moving strategic direction of the New Jersey offices with the support of the Regional Director: Capstone succession planning, Integration of Crisp/Heist, OCT, NJ real estate
- Work with the RD to address NJ office operational initiatives, overall management of office leaders and office results
- Collaborate with the RTL and MD to deliver regional initiatives
- Responsible for presenting all NJ job requisitions to RLT bi-weekly
- Working with outside counsel on regional real estate including office consolidations and lease extensions
Managing Partner
Alera's Crisp & Affiliate Offices
11.2018 - Current
- Responsible for creating and managing annual budget for Crisp and affiliates for the last 6 years
- Outpaced EBITDA growth while integrating affiliates and developing operational and sales efficiencies
- Formulated a service model to support regional EB and P&C business
- Communicated office performance, forecasts and strategies to RD & MD
- Established and implemented business procedures and processed improvements both internally and through outsourcing
CEO & President
Crisp Insurance Advisors, LLC
03.2013 - 10.2018
- Formed Crisp by integrating three different business cultures: Frank J Bongiorno & Assoc (P&C), The Stettler Group (EB) & Construction Risk Partners. $1.5mm in annual revenue, $0 EBITDA
- Built a collaborative culture uses an internal team and revamped sales team to drive cross-sell and new business opportunities
- Responsible for creating annual budgets and presenting results to executive team
- Developed key operational initiatives to drive and maintain substantial business growth.
- Sold to Alera Group in 2018 with $4mm in annual revenue and $1.8mm in EBITDA
Vice President
Frank J Bongiorno & Assoc
03.2008 - 03.2013
- Purchase small personal lines agency with $500k in annual revenue
- Expanded agency offerings to small commercial and EB
- Maintained carrier relationships
- Managed a book of business
- Sold P&C and EB business
- Merged/created Crisp in 2013 with $1mm in annual revenue
Education
Some College (No Degree) - Business
Raritan Valley Community College
Somerville, NJSkills
Applied EPIC, AMS360, Word, Excel, PowerPoint
Interests
Timeline
Managing Partner/Leader of NJ Offices
Alera Group
07.2023 - Current
Managing Partner
Alera's Crisp & Affiliate Offices
11.2018 - Current
CEO & President
Crisp Insurance Advisors, LLC
03.2013 - 10.2018
Vice President
Frank J Bongiorno & Assoc
03.2008 - 03.2013
Some College (No Degree) - Business
Raritan Valley Community College
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