Steven A. Coombs
Professional Experience:
Risk Resources, Inc.
1992-Present : President
- Provides insurance and risk management consulting services to clients relating to property and casualty insurance issues on a fee-for-service basis.
- Conducts feasibility studies to determine advisability of self-funding.
- Performs risk management audits on corporate organization and structure.
- Prepares specifications and administers competitive bidding process for client insurance programs.
- Serves as expert witness in insurance related litigation.
Corporate Policyholders Counsel, Inc., Park Ridge, Illinois (1984-1992)
1990-1992 : President and Chief Operating Officer
- Responsible for the overall activities of a risk management consulting firm, while continuing to provide professional services to several clients.
1986-1989 : Senior Vice President and Treasurer
- Responsible for financial affairs, staff supervision and training.
- Conducted several client related projects including insurance and risk management audits, risk financing studies, captive feasibility assignments and formation of risk purchasing groups.
1984-1986 : Consultant
- Conducted various risk management and insurance related assignments for clients within several different industries.
Royal Insurance Company, Chicago, Illinois (1978-1984)
1981-1984 : Senior Underwriting Specialist – National Accounts
- Obtained expertise in negotiation and administration of cash flow casualty insurance programs including large deductibles, self-insurance and paid loss retrospective rating plans.
- Supervised large property/casualty programs written from six Midwestern branch offices.
Performed underwriting audits at branch locations acting as team leader.
- Served as instructor/panel member at various insurance seminars.
1980-1981 : Property and Casualty Underwriter – Grand Rapids, Michigan
- Performed underwriting activities in property and casualty areas.
- Acted as staff underwriting resource contact for other offices.
1978-1980 : Package Underwriter – Southfield, Michigan
- Gained experience in basic property and casualty lines of coverage.
Education:
- Western Michigan University, B.B.A. – 1977
- Western Michigan University, Graduate Studies – 1980-1981
- Insurance Institute of America, Associate in Risk Management (ARM) – 1983
- American Institute, Chartered Property Casualty Underwriter (CPCU) – 1986
- DePaul University, M.A. – 1999 with a concentration in Risk Management and Insurance
Organizations:
- Member – Chartered Property Casualty Underwriters (CPCU) – (1984-Present)
- Member – CPCU – National Publications Committee – (1990-1993)
- Chairman-Research Committee Chicago (West Suburban) CPCU Chapter – (1990-1991)
- Member – Society of Risk Management Consultants (SRMC) – (1989-Present)
- National Director – SRMC – (1992-1994; 2004-2006)
- Chairman – SRMC – Paradigm Committee – (1992-1994)
- National Secretary – SRMC – (1994-1996)
- National President – SRMC – (1996-1997)
- Member – SRMC – Public Relations Committee – (1998-Present)
- Member – AIDA Reinsurance & Insurance Arbitration Society (2003-Present)
- Member – National Society of Insurance Premium Auditors (NSIPA) – (1997-Present)
vCard: