ON THE JOB
R &I : What was your first job?
I was a financial analyst with the N.J. Casino Control Commission.
R&I : How did you come to work in risk management?
I was told at a Christmas luncheon in 2003 that I was being promoted into a new
R&I : What is the risk management community doing right?
I think the risk management community
is getting a lot better at utilizing big data
and analytics to manage risk. Significant
improvements have been made, but there is
still much more room for improvement.
R&I : What could the risk management
community be doing a better job of?
I think that the insurance and brokerage
communities need to really start thinking
about what this industry is going to look like
in 10 years. They need to start addressing how
they are going to remain relevant. I think that
major disruptions to existing business models
will occur and that these disruptions combined
with innovation and technological advances
may catch many of today’s industry leaders by
R&I : What was the best location and year for the
RIMS conference and why?
San Diego, any year.
R&I : What’s been the biggest change in the risk management and insurance
industry since you’ve been in it?
I think the advent of cyber risk and cyber insurance. For several years it has been,
and it continues to be, the main topic of discussion at industry meetings.
R&I : What emerging commercial risk most concerns you?
I think the most scary scenarios include a nuclear, biological, chemical or
radiological event, a widespread global health epidemic and/or a widespread state
sponsored cyber shutdown.
R&I : How much business do you do direct versus going through a broker?
We do almost all of our business through a broker.
R&I : Is the contingent commission controversy overblown?
No. It’s a conflict.
R&I : Are you optimistic about the U.S. economy or pessimistic and why?
Optimistic because hopefully President Trump’s policies (lower taxes and less
regulation) will be pro-business and good for the economy.
R& I : Who is your mentor and why?
My dad, who passed away many years ago. He was very influential during
the formative years of my career. He taught me how important integrity and
reputation were to your brand and he had a very strong work ethic.
R& I : What have you accomplished that you are proudest of?
I would have to say raising two awesome kids. My daughter is graduating from
James Madison University this year as co-valedictorian. My son is finishing his
sophomore year at Rutgers and has near perfect grades. But more importantly,
both of my kids have turned out to be really good people.
R& I : How many emails do you get in a day?
R&I : What is your favorite book or movie?
“My Cousin Vinny.” That movie makes me
laugh no matter how many times I watch it.
R&I : What’s the best restaurant you’ve ever
My dad used to take me to a place called
Chick & Nello’s. It was an Italian place that
did not have a menu. They came to your table
and told you the two or three items they were
making that day. The food was out of this
R&I : What is your favorite drink?
Iced tea. The non-alcoholic kind.
R&I : What is the most unusual/interesting
place you have ever visited?
I can think of several places but for me it would be a tie between India and Italy.
India just has such a different culture and way of life and Rome has breathtaking
R&I : What is the riskiest activity you ever engaged in?
Well, one of the best thrill rides I’ve been on was Kingda Ka at Great Adventure.
It feels risky but probably isn’t all that risky. I flew in a prop plane with my
brother-in-law one time … that felt kind of risky. I have also parasailed, does that
count? I think it definitely has to be driving on the N.J. Turnpike day in and day
R&I : If the world has a modern hero, who is it and why?
What about the Fukushima 50? I don’t think I could have done what they did.
R&I : What about this work do you find the most fulfilling or rewarding?
I love it when the risk management organization is able to contribute in a way
that makes a real impact to the corporation’s overall objectives. On several
occasions we have been able to make real contributions to the bottom line.
R&I : What do your friends and family think you do?
I don’t think they really know. My children see me as dad; others just see me as
an executive with Verizon.
“[Major] disruptions combined with innovation and
technological advances may catch many of
today’s industry leaders by surprise.”
Verizon’s risk manager loves when his team can make a
real impact on the bottom line.
Title: Assistant Treasurer,
Risk Management & Insurance
Years in risk management: 13
Previous position: Manager,
Place of Birth: Trenton, N.J.
Alma Mater: Rider College
Degrees and certifications: B.S. Accounting, CPA, ARM