Frederic W. Parker

EXPERIENCE:

OBJECTIVE:

Insurance underwriting management, administration, business development and marketing using successful record of 28 years experience in senior management and global markets.

EXPERIENCE:

FW PARKER ASSOCIATES – (www.fwparkerassociates.com)-Greenwich, CT  (1998-  )

Founder and principal.

-Reinsurance product line management consulting specializing in market analysis, underwriting audit and administrator review allowing for industry “benchmarking” and industry “best practice” achievement.

ASSOCIATED AVIATION UNDERWRITERS – Short Hills, NJ  (1973-1998)

Executive Vice President – Short Hills, NJ (1986-1998)

-Director National Accounts

-Managed a staff of fifty and a $250 million premium portfolio of internationally brokered insurance, treaty reinsurance and facultative reinsurance acceptances involving the following underwriting disciplines:

     -Airline hull and liability

     -Manufacturer’s hull and product liability

     -Satellites and related space risks

     -Aviation workers’ compensation

     -Airport liability

-Managed and marketed strategic facultative proportional reinsurance programs and treaty proportional and non-proportional programs on a global basis with a ceded premium budget in excess of $150 million.

-Produced consistent top line and bottom line underwriting profitability through utilizing industry “best practices”. Ten year net combined ratio of 78 percent; five year net combined ratio of 72 percent.

-Managed extensive global relationships involving buyers, brokers, insurers and reinsurers.

-Member Executive and Administrative Committees involving corporate governance and strategy, marketing, budgeting and pension funds.

-Member IT Committee managing corporate IT staff of twenty-five and a budget of $7.5 million.

-Delegate to International Union of Aviation Insurers with participation on Technical, Hull and Airline Study Committees.

-Member Industry Advisory Board, Embry-Riddle Aeronautical University.

 Senior Vice President/Vice President – New York, NY (1980-1986)

-Director Airline Underwriting

-Created $300 million facility of pool and reinsurance capacity for new underwriting effort to respond to airline deregulation involving major, national and regional airline risks.

-Managed resultant growth in risk count and premium volume.

-Responsible for worldwide treaty and facultative reinsurance marketing.

 Assistant Vice President – New York, NY (1973-1980)

-Assistant Branch Manager – Eastern Branch Office

EDUCATION:

Embry-Riddle Aeronautical University – Daytona Beach, FL (1969-1971)

-Bachelor of Science, cum laude

PROFESSIONAL LICENSE: