Construction
Consumer Services
Entertainment Providers
Holding Companies
Manufacturing
Professional Services
Real Estate and Equipment Rental Services
Retail
Transportation, Logistics, Supply Chain and Storage
Wholesale
Active

Wayne Apfeld

Risk Management Executive

About me

With years of dedicated service in risk management for reputable organizations, I bring a wealth of knowledge and proven success. I excel in high-level project management, team leadership, and developing strategic policies that reduce risk costs and enhance brand reputation. My ability to drive results while fostering a collaborative environment has been a cornerstone of my career. I have successfully led global and domestic risk management departments, and I possess a solid background in risk mitigation. My expertise includes navigating complex, litigated cases, managing emergency response teams, and building comprehensive insurance programs, most recently in the construction industry.

Jurisdiction

United States

Experience

Seniority LevelExecutive
Years of Experience20+ years
Current StatusActive
Vice President of Risk Management
2021 - 2025

• Reduced insurance premiums by $2.8M over three years while adding coverage and increasing policy limits. • Lead all aspects of the group’s insurance program in four States. • Lead internal audit, corporate transactions team, facilities, and customer care department. • Lead the risk management program. • Serve a key role in handling construction defects, other claims, and litigation. • Recognized as a vital member of the company’s executive team.

Head of Global Risk Management
2019 - 2021

• Drive placement of the group’s insurance coverage globally. • Manage all aspects of the group’s insurance program in 46 countries, totaling $2B in sales and employing over 7,000 people. • Secured historical insurance coverage that saved the company over $550K in defense fees related to asbestos litigation. • Coordinate the group’s risk management program. • Serve a key role in handling product liability, claims, and litigation. • Recognized as a vital member of the company’s Product Safety Council. • M&A due diligence and program integration.

Head of Claims
2016 - 2019

Managed auto, general liability, and environmental claims to determine coverage and resolve claims prelitigation. Some of these matters had potential exposure of up to seven figures. • The company saved over $3.3M in indemnity payments and an unspecified defense fee through identifying tender opportunities. • Trained and managed in-house claims adjuster. • Proactively identified and managed risks enterprise-wide to protect employees, tenants, guests, and assets through effective internal and external partnerships. • Handled complex litigated claims, including wrongful death matters, class action environmental matters, and critical incidents that garnered media attention. • Prepared monthly and quarterly reports for senior management in all business units.

Claim Supervisor
2004 - 2016

• Managed insurance liabilities for UPS in 22 western states. • Supervised over 200 wrongful death matters for UPS. • Served as the national liability claim supervisor for Fox Entertainment Group. • Managed the emergency incident response team across the country for both clients. • Trained and managed a staff of 12 claims adjusters who handled a variety of high-exposure and complex commercial insurance claims, including automobile and general liability, with potential exposure of up to seven figures. • Worked with client risk managers, defense counsel, and underwriters to mitigate clients’ exposure effectively. • Attended settlement conferences and mediations that involved complex claims. • I received the Gallagher Bassett Services Employee Excellence Award in 2005.

Educations

Degree of Criminal LawNational University
1994 - 1997

Skills

Core skills0
Languages1

Languages

English