The James Allen Companies Inc
Vice President of Claims
The James Allen Companies Inc, Bloomington, Illinois, us, 61791
We are a specialty property/casualty insurance company consisting of two fully licensed, admitted, and regulated insurers (IL domiciled), two insurance company management companies, and a wholesale insurance agency representing our two insurers plus other independent insurers for whom we have underwriting and/or marketing authorities. Our specialization is in the provision of insurance and sophisticated risk management services to units of local government (other than schools). We currently operate in Illinois, Indiana, and Wisconsin, with the capability of being admitted in most states.
Our focus is on providing insureds with defense and equitable payment of claims, as these are the core reasons they purchase our policies. Our products include proprietary insuring agreements, and our approach to litigation emphasizes defending cases that are defensible, rather than settling claims based solely on economic considerations. When it benefits our insureds, we may pursue claims through various federal and state appellate courts. Historically, we have taken 25 cases to the Supreme Court of the United States, prevailing 21 times.
Vice President of ClaimsThe Vice President of Claims oversees all aspects of the claims department, ensuring efficient, effective, and equitable processes in the following areas:
Compliance, Good Faith, and Fair Dealing
Compliance with applicable Fair Claims Practices Act(s)
Response to claim-related complaints to the Department of Insurance
Selection, management, and evaluation of coverage counsel
Management of the Claim Department
Planning, organizing, staffing (including training and professional development), directing, and controlling
Litigation Management
Selection, assignment, management, and evaluation of legal counsel
Management of the course and conduct of claims
Conflict resolution, negotiation, and arbitration
Non-litigated Claims Processing and Adjudication
Efficient processing of non-disputed claims
Conflict resolution, negotiation, and arbitration of disputed but non-litigated claims
Case-Based Reserving
Timely, accurate, and meaningful loss reserves and loss-related expense reserves
Input to be used by the Actuarial Committee in calculating AOL
Management of Vendor and Strategic Partner Relationships
Engagement of adjusting and investigating firms, coverage counsel, subrogation counsel
Maintaining working relationships and treaty compliance with reinsurers
Insurance Contract Coverage Analysis
Analysis of the company’s insuring agreements
Review of coverage agreements of other entities
Data Analytics and Reporting
Identifying and discussing trends in claim activity
Analyzing the evolution within the general insurance claims environment
Reviewing the evolution of coverage (both internally and industry-wide)
Collaboration with Other Internal Insurance Disciplines
Inter-departmental collaboration while maintaining appropriate interactions
Interaction with the Claims, Internal Control, Reinsurance, and Actuarial Committees, as well as Governance
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Our focus is on providing insureds with defense and equitable payment of claims, as these are the core reasons they purchase our policies. Our products include proprietary insuring agreements, and our approach to litigation emphasizes defending cases that are defensible, rather than settling claims based solely on economic considerations. When it benefits our insureds, we may pursue claims through various federal and state appellate courts. Historically, we have taken 25 cases to the Supreme Court of the United States, prevailing 21 times.
Vice President of ClaimsThe Vice President of Claims oversees all aspects of the claims department, ensuring efficient, effective, and equitable processes in the following areas:
Compliance, Good Faith, and Fair Dealing
Compliance with applicable Fair Claims Practices Act(s)
Response to claim-related complaints to the Department of Insurance
Selection, management, and evaluation of coverage counsel
Management of the Claim Department
Planning, organizing, staffing (including training and professional development), directing, and controlling
Litigation Management
Selection, assignment, management, and evaluation of legal counsel
Management of the course and conduct of claims
Conflict resolution, negotiation, and arbitration
Non-litigated Claims Processing and Adjudication
Efficient processing of non-disputed claims
Conflict resolution, negotiation, and arbitration of disputed but non-litigated claims
Case-Based Reserving
Timely, accurate, and meaningful loss reserves and loss-related expense reserves
Input to be used by the Actuarial Committee in calculating AOL
Management of Vendor and Strategic Partner Relationships
Engagement of adjusting and investigating firms, coverage counsel, subrogation counsel
Maintaining working relationships and treaty compliance with reinsurers
Insurance Contract Coverage Analysis
Analysis of the company’s insuring agreements
Review of coverage agreements of other entities
Data Analytics and Reporting
Identifying and discussing trends in claim activity
Analyzing the evolution within the general insurance claims environment
Reviewing the evolution of coverage (both internally and industry-wide)
Collaboration with Other Internal Insurance Disciplines
Inter-departmental collaboration while maintaining appropriate interactions
Interaction with the Claims, Internal Control, Reinsurance, and Actuarial Committees, as well as Governance
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