Captive Insurance Consultants

Robert E. Underdown, AINS, SIA, AIC, ARM, CFLC, The Insurance Archaeologist ™, is an Insurance and Risk Management Consultant with over 30 years of experience in both private & public risk management. 

Consulting Services:

• Insurance - As a result of his background as a Claims Manager and Risk Manager, Mr. Underdown is in a position to provide coverage opinions based on real-world examples and on-the-job experience. He has developed a systematic method for bidding insurance programs
• Agent Broker - Mr. Underdown has decades of experience in the area of Agent/Broker (Producer) duty. In addition, Mr. Underdown has experience in the areas of Producer Compensation and Producer Contingency Commissions
• Coverage - Mr. Underdown has real-world practical experience in most areas of personal and corporate insurance coverage types from annuities to workers’ compensation
• Risk Management - As a Risk Manager for over twenty years, Mr. Underdown gained a wide variety of experience in several industries both public and private. He is experienced and knowledgeable in the areas of cost of risk allocation, loss control programs, risk performance measurements, and safety management
• Claims - With over ten years as a Claims Adjuster and Claims Manager and twenty years as a Risk Manager, Mr. Underdown has handled and supervised a great variety of claims beginning with investigating and adjusting property and casualty claims

Selected Background Experience - Mr. Underdown's past experience includes serving as Director of Risk Management for Rural/Metro Corporation, Scottsdale, AZ, where he managed $20 million risk management program and completed due diligence on 60 acquisitions in 48 months. As Assistant Vice President of Imperial Corporation, San Diego, CA, he managed special insurance for a $2 billion loan portfolio and implemented a risk management program for 60 branch offices. Mr. Underdown also served as Risk Management and Employee Benefits Manager for the City of Escondido, CA, where implemented risk management programs and completed self-funded health insurance, saving $750,000. 

View Robert Underdown's Expert Witness Profile.

Steven A. Eisenberg, FSA, MAAA, is a Consulting Actuary with 50 years of experience in the Insurance Industry. He is a Fellow of the Society of Actuaries (1973) and a Member of the American Academy of Actuaries (1975).

Background Experience - Mr. Eisenberg's experience includes actuarial design, administration and illustration of various life insurance and annuity products, including traditional and non-traditional insurance products, universal life (or excess interest products), and both general account and separate account variable insurance COI charges products. It, also, includes pricing these products and developing appropriate actuarial assumptions (e.g. mortality and life expectancy, interest and discount rates, compensation, profitability expense assumptions).

He is also a co-inventor of several patents dealing with financial derivatives(swaps) relating to longevity and mortality mitigation.

In 1986, Mr. Eisenberg pioneered the development of large case COLI and BOLI and unwind strategies that are still used today. He is a renown expert in designing, developing, and evaluating Bank-owned life insurance (BOLI) and Corporate-owned life insurance (COLI) programs for insurance companies, banks, other financial institutions, brokers and litigation clients. This includes developing appropriate actuarial assumptions (mortality and longevity, COI charges, lapses and surrenders, expenses, taxes, interest and discount rates, compensation, policy dividends and life insurance company profitability and investment exposure (disintermediation)). He also developed administrative procedures, sophisticated illustration systems (for example, utilization of policy loans and partial surrenders) and insurable interest issues. His expertise also includes policy owner tax issues (e.g. Section 264, 7702, 7702A, 1035) and legislative changes. He has evaluated the appropriateness of these products (general or separate account including stable value) for corporate and bank policy owners, including the accounting and financial impact to the policy owners..

His services are offered to clients nationwide.

View Steven Eisenberg's Expert Witness Profile.

David Stegall is the Principal Consultant and Founder of Risk Consulting & Expert Services since January 1, 2007. He has over 40 years of insurance, reinsurance, bond and risk management industry experience. He is a Chartered Property & Casualty Underwriter, an Associate in Risk Management, an Associate in Reinsurance and a Registered Professional Adjuster. He has experience as an underwriter, an agent, a broker, a surety bond producer, a reinsurer, a managing general agent, a third-party administrator, a captive manager, a self-insured fund executive, a risk management consultant, an expert witness and has been retained as an arbitrator.

He was President of the Society of Risk Management Consultants in 2017 and continues to serve on the Board of Directors. Mr. Stegall is also a member of the Board of Directors of the Alabama Captive Association, a member of the Society of Chartered Property & Casualty Underwriters, the American Association of Insurance Management Consultants, the Association of Registered Professional Adjusters, ARIAS-US, Defense Research Institute, and an Associate Member of the American Bar Association - Tort Trial and Insurance Section. Mr. Stegall has provided 112 expert opinions, been deposed 53 times testified in five trials and three arbitration hearings. His testimony has been divided between 65 for the Defense and 62 for Plaintiffs.

Key Coleman, CPA, CFA, CPCU, ARe is Executive Director and Founder of Litigation Economic & Forensic Consulting Group LLC. While his firm is located in Greater Philadelphia, his practice is nationwide. Mr. Coleman focuses his consulting practice on forensic accounting, contract audits and investigative analysis. Mr. Coleman has a specialty in the Insurance and Reinsurance Industry, having worked in or around the industry for over 30 years.  Prior to starting his own firm, he spent the bulk of his career in Chicago where he was a partner at a Big Four accounting firm and subsequently held high level positions at other nationally recognized accounting and consulting firms. Prior to his consulting career, he spent more than eight years in the insurance and reinsurance industry. His major investigative work includes having spent 4 years on the then-largest insurance investigation in history.  He is one of the few experts nationwide who holds both the CPA and the CPCU designations; he has significant depth in reinsurance, as well, enabling him to gain the 'big picture' when dealing with insurance and reinsurance issues.  He performs inspections of MGAs, TPAs, ceding companies, and insureds. An abbreviated list of his investigative and insurance specialties include:

Accounting, Forenisic Accounting and Investigations Analysis of accounting records Forensic accounting Investigative analysis Contract audits Consulting Services in Insurance and Reinsurance MGA/MGU audits or inspections Underwriting audits

Claims analysis Ceding company audits Premium audit analysis Insolvency and run-off analysis Workers’ Compensation Professional Employment Organizations (PEOs) Damages Analysis in Inurance and Reinsurance

. View Key Coleman's Expert Witness Profile.

Commercial insurance underwriting expert experienced in policy construction and coverage analysis. Areas of underwriting expertise include Commercial General Liability, Excess and Umbrella liability, Professional liability including E&O, D&O, Environmental and Pollution liability insurance, Commercial Automobile and Commercial Property insurance. In depth experience and knowledge of insurance rating plans including retrospective rating plans, captives, retention plans and other risk financing programs, coordination of coverage and reinsurance. 

For CV and cases please visit www.qleapsolutions.com

View Donald Bendure's Expert Witness Profile.