Summary
Overview
Work History
Education
Skills
Certification
Accomplishments
Work Preference
Software
Interests
References
Affiliations
Timeline
Hi, I’m

Elliot L. Konschak

Executive
Andover,US
Elliot L. Konschak

Summary

Senior Executive with over 35 years of experience in the crop insurance industry. Specializing in innovative technology solutions, operational leadership, and strategic partnerships. Demonstrated success in leading cross-functional teams and driving efficiency through automation and process improvements. Experienced in managing large departments and integrating diverse acquisitions. Licensed P&C agent nationwide with extensive industry involvement. Analytically driven to assess historical and current trends within the industry to assist business units in adapting to changing regulations, market environments, and customer needs. Skilled at creating software solutions and training materials. Actively served on multiple industry workgroups and committees for Risk Management Agency (RMA-USDA) and National Crop Insurance Services (NCIS). A poised executive adept at forming external business relationships and fostering positive working environments. Dedicated to advocating for brand initiatives with third-party providers. Possessing a robust background in owning primary responsibility for company-wide technical wellbeing and high-level business relationships. An entrepreneurial professional offering progressive experience in operations leadership, with a proven track record of identifying and implementing process improvements to drive efficiency and productivity. A motivating leader with successful experience managing cross-functional teams.

Overview

36
years of professional experience
4007
years of post-secondary education
2
Certifications
1
Language

Work History

Optimal Ag Solutions
Des Moines, IA

Vice President of Sales
04.2025 - Current

Job overview

Work with growers and input retailers to increase the adoption of yield improvement programs. Backing ag manufacturers and retailers proven yield performance products and practices with yield performance guarantees.
De-risk farmer adoption of modern ag products and practices with a yield performance guarantee.


Addressing the "Yield Gap" faced by farmers by providing OptimalAg solutions that provide yield performance guarantees.

Increasing the adoption of yield improvement programs.


Backing Ag Manufacturers & Retailers yield performance products with guarantees.


Underwrite, guarantee, and provide go-to-market solutions for ag manufacturers & retailers to help solve their farm customer’s yield growth problems.


OptAg performance-backed guarantees solve the "Yield Gap" problem and drive ROI “Yield Performance”.

Hudson Insurance Company

Chief Information Officer - Crop
11.2023 - 01.2025

Job overview

  • Identify and research solutions to support businesses.
  • Research and assess remote sensing solutions: aerial, satellite.
  • Identify technology to improve efficiencies.
  • Integration of cloud-based precision ag data directly from growers.
  • Develop solutions to assist with agent work management.
  • MPCI Crop Policy Dashboard
  • Support the BI and Analytics teams to validate data.
  • "Summary of Performance" report for financial reporting.
  • Act as a key representative with the software vendor for the Crop and Livestock processing system.
  • NCIS TIPS Committee member.
  • CIPA 508(h) Committee member.

AgriSompo North America

Vice President - Research & Development
02.2021 - 11.2023

Job overview

  • Identify and research solutions to support business
  • Research and assess remote sensing solutions: Aerial, satellite
  • Identify technology to improve efficiencies
  • Research emerging agronomic advances such as biologicals and agronomic-driven risk management solutions for growers
  • Develop solutions to assist with verification and validation of loss adjustment
  • Support Private Products
  • Research private products that complete with our product offerings
  • Enhance current private product offerings
  • Develop new private products
  • Evaluate technologies that support new private products
  • Weather Insurance
  • Surplus Lines offerings for agri-business

AgriSompo North America

Vice President - Private Products
06.2017 - 02.2021

Job overview

  • Oversight of private products in support of MPCI
  • Crop-Hail rating, filing, and new product development
  • Attend agent and adjuster training, sales conferences, and crop insurance industry events
  • Develop training and marketing materials on private products for agents and growers
  • Manage Private Products staff
  • Implement underwriting standards, limits, and procedures
  • Drive internal and contract analytics for identifying opportunities and adverse state, county, crops, and policy forms
  • Evaluation of key competitor private products
  • Implemented updated underwriting experience evaluation for Crop-Hail writing
  • Implemented rate increases in states/counties with historically poor results
  • Launch of private product as supplement to MPCI (BAND) with favorable returns and support of MPCI Premium growth

Swiss Re Corporate Solutions

US MPCI Market Leader
09.2015 - 06.2017

Job overview

  • Oversight of MGA delivering MPCI on behalf of Swiss Re Corporate Solutions under policy issuing company Westport Insurance Corporation
  • Perform MGA annual audit for compliance with internal controls
  • Attend MGA agent and adjuster training, sales conferences, and crop insurance industry events
  • Assisted with fund designation determinations, including advancement of new fund designation model for Standard Reinsurance Agreement based on recent trends of time
  • Contributed to annual SRA Plan of Operations submission
  • Participated in the Crop-Hail and Named Peril product development and rating
  • Support the quarterly and annual financial reporting requirements by assisting internal finance and MGA staff to provide proper data, information, and narratives
  • Implementation of custom SalesForce for crop insurance marketing
  • Launch of Crop Shortfall product for middle market Agribusiness clients for agriculture cooperatives, food processors, and other ag retailers
  • Achieved a 90% policy count increase
  • Streamlined Crop-Hail rate filing
  • Launched new price support product as MPCI supplement
  • Cross-sale initiative for Errors & Omissions Insurance for crop insurance agents

OneBeacon Insurance Group

President of Crop
05.2014 - 08.2015

Job overview

  • Oversight of MGA delivering MPCI on behalf of OneBeacon
  • Approve monthly RMA SCORE reports (new AIP requirement), assist with RMA National Financial Operation Review, interact with RMA on Stand Reinsurance Agreement issues, maintain contact with key RMA staff on policy issues
  • Attend MGA agent and adjuster training, sales conferences, and crop insurance industry events
  • Participate in fund designation determinations, including development of new fund designation model for Standard Reinsurance Agreement
  • Support the quarterly and annual financial reporting requirements by assisting internal finance and MGA staff to provide proper data, information, and narratives
  • Identified key deficiencies in RMA required reporting by MGA
  • MPCI Premium increase of 80% with implemented crop-hail and MPCI marketing strategy

QBE Insurance Group

Senior Vice President, Underwriting-Crop
04.2010 - 05.2014

Job overview

  • Company Overview: NAU Country Insurance Company
  • Provided operational leadership, identify business opportunities and support expansion and growth plans
  • Established strategic alliances with vendors and independent insurance agents
  • Reported to the Chief Executive Officer
  • Vice President of Underwriting was a direct report
  • Regional Underwriting Managers also co-reported
  • NAU Country Insurance Company
  • Established and maintained a culture of processing excellence to achieve data error rate under 1% Gross Premium on MPCI
  • Acted as lead Subject Matter Expert on iPad-based solutions for Application, Acreage Reporting, and Policy Change systems for mobile software platform
  • Implemented document management system for paperless environment and establishment of departmental workflows including integration with iPad-based software

QBE Insurance Group

Senior Vice President, Underwriting & Standards
06.2001 - 04.2010

Job overview

  • Company Overview: NAU Country Insurance Company
  • Established and oversaw underwriting standards of MPCI line to ensure timely and accurate processing of policyholder data
  • Maintained company standards to meet Compliance requirements of the RMA SRA
  • Created and managed the Training department for State Continuing Education and RMA accredited hours for licensed agent
  • Managed National Training Director
  • NAU Country Insurance Company
  • Implemented Business Continuity Plan, including offsite data facility providing real-time backup utilizing Oracle and NetApp
  • Launched web-based mapping software for independent agent use
  • Designed and released major rewrite of quoting software featuring quick-generate tools to instantly show several policy coverage options with one click

QBE Insurance Group

Chief Information Officer
06.2001 - 04.2010

Job overview

  • Company Overview: NAU Country Insurance Company
  • Implemented Business Continuity Plan, including offsite data facility providing real-time backup utilizing Oracle and NetApp
  • Launched web-based mapping software for independent agent use
  • Designed and released major rewrite of quoting software featuring quick-generate tools to instantly show several policy coverage options with one click
  • NAU Country Insurance Company

QBE Insurance Group

Chief Operating Officer
06.2001 - 04.2010

Job overview

  • Company Overview: NAU Country Insurance Company
  • Managed software license agreements for third party use of internal policy processing software
  • Managed IT Director, Software Manager, Field Services Manager and over 40 indirect reports
  • Responsible for the completion of RMA Standard Reinsurance Agreement
  • Managed relocation and merger of crop branch office and software company to a single location
  • Oversaw creation of a single brand for general agencies, insurance companies and acquired software company
  • NAU Country Insurance Company

AGFORCE Insurance Services

Vice President, Field Services & Technology
08.1998 - 06.2001

Job overview

  • Reported to the President
  • Represent NAU Country Insurance Company at industry meetings
  • Perform technical support and software training for field staff and agency force
  • Maintained $13 Million USD sales territory
  • Re-design of third party processing system which is currently still active with QBE; upon implementation, 20% more premium was processed without increasing staffing
  • Performed agent, adjuster, and farmer training, which also included the co-creation of training materials
  • Created the first map-based acreage report approved by RMA for MPCI
  • Designed and tested development of quoting software
  • Designed loss adjustment software on Windows CE platform

Dawson Hail Insurance Company

Field Services Manager
01.1993 - 08.1998

Job overview

  • Reported to Vice President of Operations
  • Performed underwriting, loss adjustment, agent training, and marketing functions
  • Performed agent, adjuster, and farmer training which included the co-creation of materials
  • Developed crop insurance industry's first handheld software for MPCI loss adjustment to be fully deployed across the entire loss adjustment staff
  • 1,500% ROI, 93% reduction in errors initial year, reduced open claim to 2.1 days per DOI audit
  • Introduced PowerPoint and computer projectors to the training process

Dawson Hail Insurance Company

Data Entry Processor
06.1989 - 08.1990

Job overview

  • Data entry of crop insurance documents for MPCI and Crop-Hail departments

Education

Duke University Corporate Education

Executive training course from Advanced Leadership & Strategic Management

Concordia College of Moorhead
Moorhead, MN

Bachelor of Business Administration from Accounting, Office Administration

Skills

Data-driven statistical analysis

Certification

Property and Casualty license in 50 states

Accomplishments

  • Achieved cloud-based precision ag data ingestion by introducing Leaf.io with team of talented individuals.
  • Collaborated with team members across multiple departments in the development of policy dashboards to streamline agent experience in processing software.
  • Developed a risk management insurance product to enhance farmer insurance coverage with over 9,000 options in a single product. Allows full customization to individual farmer. During tenure, a 94% Combined Ratio spread over 14 states.
  • Provided RMA the basis of geospatial FCI-33 High Risk Land maps and implemented the first HRL edit in processing system subsequently adopted by RMA.
  • Collaborated with RMA and authored portions of the Crop Insurance Handbook including Agent of Record procedure and extended premium payment procedures for ITS (Ineligible Tracking System) eligibility.
  • First in-the-field loss adjustment software for MPCI loss adjusters. Released in 1993, a 1,500% ROI was achieved, reduced errors by 93% in first year of implementation.
  • First RMA-approved map-based Acreage Report

Work Preference

Software

Microsoft Office Suite

Microsoft BI

Interests

NDSU Bison Football

References

References available upon request.

  • President of a prior company
  • COO of a prior company
  • CEO/President of a prior company
  • CEO/President of a prior company

Affiliations

  • CIPA - Crop Insurance Professional Association

Timeline

Vice President of Sales

Optimal Ag Solutions
04.2025 - Current

Chief Information Officer - Crop

Hudson Insurance Company
11.2023 - 01.2025

Vice President - Research & Development

AgriSompo North America
02.2021 - 11.2023

Vice President - Private Products

AgriSompo North America
06.2017 - 02.2021

US MPCI Market Leader

Swiss Re Corporate Solutions
09.2015 - 06.2017

President of Crop

OneBeacon Insurance Group
05.2014 - 08.2015

Senior Vice President, Underwriting-Crop

QBE Insurance Group
04.2010 - 05.2014

Senior Vice President, Underwriting & Standards

QBE Insurance Group
06.2001 - 04.2010

Chief Information Officer

QBE Insurance Group
06.2001 - 04.2010

Chief Operating Officer

QBE Insurance Group
06.2001 - 04.2010

Vice President, Field Services & Technology

AGFORCE Insurance Services
08.1998 - 06.2001

Field Services Manager

Dawson Hail Insurance Company
01.1993 - 08.1998

Data Entry Processor

Dawson Hail Insurance Company
06.1989 - 08.1990

Duke University Corporate Education

Executive training course from Advanced Leadership & Strategic Management
01.2014

Concordia College of Moorhead

Bachelor of Business Administration from Accounting, Office Administration
01.1992
Elliot L. KonschakExecutive