Edward Timothy Lyons
Lakeville,MN
Summary
Performance driven Sr. Vice President with excellent employee development, underwriting skills coupled with more than thirty years of experience. Results-oriented individual well-versed in underwriting Healthcare Liability lines of insurance. Strategic-thinking professional with expertise driving business growth to exceed expectations. Considered a talented coach and mentor. Demonstrated record of success in building successful underwriting teams and managing profitable operations.
Overview
25
25
years of professional experience
Work History
Sr. Vice President
Coverys Specialty Insurance Company - Boston, MA
Boston , United States
2014.11 - Current
- Developed and implemented new Excess Surplus Lines Company strategies in collaboration with Coverys Specialty Insurance Company President to establish Surplus Lines Underwriting platform and build team writing over $150 million written premium.
- Planned strategically for development of portfolio of Healthcare facilities, Hospitals, Umbrella Excess Liability and Programs
- Established performance goals for department and provided methods for reaching milestones in Premium, Loss Ratio and workflow..
- Increased company growth through collaboration with Wholesalers, National and Regional Brokers.
- Led operational team in creation, roll out and management of new product forms, rates and guidelines. System development in conjunction with IT
Assistant Vice President Healthcare Underwriting
ARCH INSURANCE GROUP INC
St. Paul , MN
2002.07 - 2014.11
- As part of start up Leadership Team contributed to major administrative initiatives, such as policy forms, guidelines and rating models.
- Worked with Regional Executives to develop business plans for West, Central and Southeast Regions.
- Built profitable book of Healthcare Liability business.
- Excelled in Underwriting and pricing of Miscellaneous Health Care Facilities, Lead, Umbrella, Excess and Captive Reinsurance products for mid to large, complex healthcare risks.
- Produced 60% of new business with Eastern Regional VP through targeting key Producers throughout U.S.
Underwriting Director Physicians & Surgeons
St. Paul Fire & Marine Insurance
St. Paul , MN
2001.11 - 2002.07
- Responsibilities included development of policy forms and pricing methodology. Coordinated with internal stakeholders to initiate profitability strategies..
- Duties included product marketing strategy and formulation of underwriting guidelines.
- Supported review and acceptance or denial of new or renewal business.
- Conducted rate reviews in conjunction with actuarial staff
West Regional Underwriting Manager
St Paul Fire And Marine Insurance Company
St. Paul , MN
1997.03 - 2001.11
- Executed Regional marketing plans, served as the lead underwriter on complex healthcare risks Coverages were typically Professional Lines, Commercial Packages and occasionally non-profit D & O, Managed Care E & O as well as Workers Compensation.
- Grew department premium from $46 million to $70 million.
- Management of 14 direct reports including Underwriters and Assistant Underwriters
- Negotiated and developed Professional Liability program for alternative medicine providers throughout U.S.A.
Education
Some College (No Degree) - Communication Studies
Penn State University
State College, PABachelor of Science - Business Administration And Management
Misericordia University
Dallas, PA12.1985
Skills
- Executive Leadership
- Industry Expertise
- Leadership and People Development
- Employee Motivation and Performance
- Effective Communicator and Public Speaker
- Strategic Planning
- P&L Responsibility
Accomplishments
Chairman's Award - St. Paul Fire and Marine Insurance Company
Member of Leadership team for two successful start up Surplus Lines Underwriting Organizations.
Languages
Spanish
Timeline
Sr. Vice President
Coverys Specialty Insurance Company - Boston, MA
2014.11 - Current
Assistant Vice President Healthcare Underwriting
ARCH INSURANCE GROUP INC
2002.07 - 2014.11
Underwriting Director Physicians & Surgeons
St. Paul Fire & Marine Insurance
2001.11 - 2002.07
West Regional Underwriting Manager
St Paul Fire And Marine Insurance Company
1997.03 - 2001.11
Some College (No Degree) - Communication Studies
Penn State University
Bachelor of Science - Business Administration And Management
Misericordia University
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