Name: Kevin Boland
Position: Assistant Regional Manager – Healthcare & Life Science
Kevin Boland is an Assistant Regional Manager for Chartis’ Mid-Atlantic Region, specializing in underwriting healthcare and life science-related accounts. His responsibilities include, among others, managing broker relationships, producing new business opportunities, and maintaining and servicing existing accounts. Kevin has worked in the property and casualty insurance underwriting field for 7 years, holding various positions in divisions that handle miscellaneous professional liability, foreign casualty, and directors and officers liability insurance. Prior to entering the insurance industry, Kevin taught English in Germany, Spain and Chile. Kevin holds a B.A. in Economics from the University of Richmond and an M.A. in Linguistics from Temple University. Kevin and his wife live in Ambler, PA.
Chartis is the marketing name for the worldwide property-casualty and general insurance operations of Chartis Inc. For additional information, please visit their website at http://www.chartisinsurance.com.
Q: Could you tell me a little bit about your company and what you’re working on now?
A: Chartis is a world leading property-casualty and general insurance organization serving more than 70 million clients around the world. Chartis has one of the industry’s most extensive ranges of products and services, deep claims expertise and excellent financial strength, which enables our commercial and personal insurance clients to manage virtually any risk with confidence.
Right now, I’m underwriting an insurance program for a large pharmaceutical company. Pharmaceuticals are a uniquely challenging class of business to underwrite. What’s particularly interesting about this insurance program is that the client has production and distribution facilities worldwide, so in addition to the policy or policies issued in the U.S., I will be helping to coordinate and place “local” insurance policies in several other countries.
Q: What’s the most interesting or best part of your job?
A: Working for one of the largest international insurance organizations provides many unique opportunities, including the ability to offer solutions to the full spectrum of international enterprises, networking with executives from many top companies, and gaining insight into the operations of many cutting-edge organizations. In the healthcare and life science industries, for example, the Chartis insurers provide medical malpractice, general liability, and products liability coverages for hospitals, healthcare systems, nursing homes, biotech and pharmaceutical companies, clinical trials, and medical device manufacturers, just to name a few!
Additionally, there’s both a technical and social side to my work. It becomes interesting when you have to balance actuarial models with real-time market considerations and then negotiate terms with insurance brokers and clients. There are a lot of face-to-face meetings and negotiations.
Q: What do you think living in the Philadelphia region offers young professionals?
A: Most cities don’t have the array of industries and companies in one place like Philadelphia does. Whatever field you’re looking to succeed in, you will likely find opportunities in Philadelphia. It’s also a very “livable” city, with a lively arts and music scene, great sports teams, and you’re only an hour’s drive from the mountains or the beach! Being from Philadelphia makes me a little biased, but I’ve lived in other cities both in the U.S. and abroad, and this city is among the best. I think that the quality of life and opportunities available makes Philadelphia a great place to live and work.
Q: How long have you been a member of YPN? What motivated you to join?
A: I’ve been an active member for about 8 months now. My company encourages professional and personal development, and YPN is a great way to engage both. Our office is right in Center City, so I feel very connected to the professional community here. YPN is always hosting events at interesting places in the city and surrounding area, so it makes it fun to get out and meet new people.
Q: What has been your favorite YPN event?
A: My favorite event was at the Kimmel Center’s Hamilton Garden. The Kimmel Center is such a neat building and the event’s setting in the upper level was really impressive. The guest speaker that night, Ed Cambron, Executive Director of the Philadelphia International Festival of the Arts (PIFA), gave details about many of the concerts and events that were going to happen at PIFA (the festival ran from April 7 – May 1, 2011). You could see how ambitious he was, and how far-reaching the entire PIFA project was. It was inspiring to see this organization and the City doing something larger than expected and blowing everyone’s expectations away.
Interviewed by: Mai-Linh Hoang, Citadel