Speaker Biography

Richard J. Quagliaroli

Richard J. Quagliaroli, President and Chief Executive Officer of Strongwood Insurance Holdings Corporation, is a senior executive with extensive experience in commercial and personal lines carrier management with full P&L responsibility. He brings strong field and home office experience creating profitable business development strategies with an extensive knowledge of traditional and new distribution channels and the use of technology to maximize the leverage of each.

Strongwood Holdings Insurance Corporation, a holding company, today operates in all the western states with California remaining the dominate source of revenue. The company combines control of a distribution, Networked Insurance Agents and Northeast Agencies, with control of one of the distributor's preferred carriers, Sequoia. The carrier does not grant underwriting authority to agents and is licensed in 37 states.

As President of Hartford Commercial Insurance Company, Hartford, Connecticut through 2001, Richard had full P&L responsibility for a $4.2 billion dollar revenue business including 3500 employees in the U.S. and Canada. Hartford Financial Services is a $20 billion multi-line international insurance carrier insuring business and personal exposures for commercial, personal, life and asset accumulation products.

His corporate responsibilities included Board presentations regarding financial performance of the company and its strategic positioning, as well as investor relations with institutional investors and rating agencies.

From 1994 through 1998, he served as the Executive Vice President, Field Operations ¬Hartford Connecticut; and Senior Vice President, Southern Division -Hartford, Connecticut; and led the Commercial Lines field organization business development activities of 42 offices, 2500 employees, and $3.2 billion in written premium. Responsibilities have included meeting top and bottom line performance consistent with business segment strategies as well as reigniting relationships with agency distribution.

From 1986 -1994, Richard served as the Regional Vice President -Hartford Insurance, in Chicago, and was responsible for a three state, four-office territory. The territory grew from the eighth to the largest territory over a four-year period achieving profitability targets in all but one of eight years and reaching $250 million in written premium. In total, he spent 32 years with Hartford Insurance in various offices around the US.

He has a BA in International Relations from the University of Hartford with graduate studies in finance. He has received Executive Training at Northwestern University, Boston University, University of Michigan, and Babson College.

He has been the Vice Chairman Board Member and Chair of Expansion Committee for Prevent Blindness America and Board Member and member of the Executive Committee for WISe, a global insurance industry technology standards organization. He served also a Board Member of the R.C. Knox Foundation.

Copyright © 2007 MarketScout