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Andrew Costa, MBA, CPCU, ARe, ARM, AIC, Assistant Vice President, Claims at Devonshire Group Orange County, California Area Previous CNA Insurance, Brea, CA, Safeco Insurance, Fountain Valley, CA, American International Adjustment Company, Orange, CA Education Mount Saint Mary's University Public Profile www.linkedin.com/pub/andrew-costa-mba-cpcu-are-arm-aic-ais/7/446/581/ Senior manager with extensive experience administering complex reinsurance, excess and primary claims involving CGL, property, professional liability, aviation marine, workers' compensation and latent exposures. Skilled in research, analysis and auditing claims and financial data. Extensive background in hiring, personnel supervision, composing management policies and procedures, runoff claims administration and budgeting. Proficient in negotiating commutations and litigation management. Specialties:Commutations, reinsurance claims administration, runoff claims, settlement negotiations, management, training, data analysis, claims and financial auditing, commercial and personal lines claims administration, construction defect and coverage claims administration, litigation management. Assistant Vice President, ClaimsDevonshire Group May 1996 – Present Responsible for overall technical work product quality, processes and staff functions of the Company’s claims operations for assigned runoff reinsurance, excess lines and audit clients. • Responsible for staff planning, recruitment, selection, training and supervision of reinsurance and TPA claim associates. • Identified audit and commutation targets involving primary and reinsurance books of business for foreign and domestic clients and designed protocols to achieve targeted goals. • Successfully negotiated in excess of $37M in commutations over past five years. • Designed procedures for in-house construction defect TPA that grew from $100K in annual revenue to over $1.3M in five years. • Established and maintained business relationships with the Company’s clients which resulted in additional assignments for the Company from new and existing clients. • Extensive experience with London Market and domestic brokers in resolving claims and associated financial issues, coverage and placement issues.


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