BRADLEY P. NEWMAN
583 Laguna Drive Phone: 602.751.5563
Carlsbad, California 92008 E-mail: bnewman7@cox.net
SUMMARY
Accomplished senior executive with more than 32 years of varied experience working primarily in the insurance industry. Areas of expertise include mergers and acquisitions, operational & financial evaluation, re-engineering strategy, implementation of procedures and communication with auditors, lenders, investors and rating agencies. Extensive management experience including positions as; Chief Operating Officer, Senior Vice President and Chief Financial Officer. University of Notre Dame-BA and Arizona State University-MBA.
SELECTED EXPERIENCE
Board of Director and Executive Management Team
Established corporate structure for optimum performance and creation of shareholder value.
Determined strategic plans and performance metrics.
Updated corporate strategic plan based on market changes or competition.
Instituted and monitored corporate governance initiatives.
Communicated with investment bankers, lenders and rating agencies.
Implemented corporate compliance and accountability measures.
Senior Operations Executive with financial segment performance responsibility
Created pro-forma/normalized financial statements for acquisition/disposition candidates used for valuation purposes.
Responsible for financial planning, tax planning and operating strategies.
Primary contact for auditors, SEC, insurance regulators, IRS and investors.
Established internal financial management reports, budgets and metrics necessary for performance measurement and forecasting.
Negotiated and analyzed insurance agency contracts regarding commissions and other compensation.
Performed actuarial analysis of carrier reserves, for agency contingent commissions and for cash flow forecasting.
Managed $1 Billion investment portfolio.
Evaluation of operations for underperforming entities
Re-engineered procedures and processes to increase operational predictability and efficiencies.
Assessed and reorganized corporate structure and staffing.
Performed analytical analysis to project future financial performance.
Recommended ultimate problem resolution or entity disposition with a view to increasing shareholder value.
Managed the due diligence process.
Negotiated the terms of sale for non-core entities.
PROFESSIONAL EXPERIENCE
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BNR Consulting, LLC 2005-Current
Phoenix, Arizona
Professional consulting practice specializing in financial and legal matters for the insurance industry.
Partner
Structure and negotiate financial transactions for carriers and agencies.
Prepare expert witness testimony and reports for litigation and arbitration.
Dispute resolution, including mediation and alternative dispute resolution.
Assisting in wholesale transactions between carriers.
Serve as arbitrator on insurance related matters between carriers and brokers or clients.
Provide health and property/casualty insurance consulting services to businesses purchasing insurance
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U.S. Specialty Underwriters, Inc.
Mayfield Village, Ohio 2005-2007
Wholesale insurance agency specializing in Excess Workers’ Compensation coverage for self-insured workers’compensation employers.
Vice President
Assisted in pursuit of capital restructuring alternatives.
Seeking alternative carrier capacity.
Expanding marketing efforts with a goal of doubling revenue.
Performed competitive analysis and formed strategic differentiation plan.
Designed marketing campaign to facilitate revenue growth.
Participated in due diligence and facilitated the sale of the agency.
