The Paradigm Team
A veteran of more than forty years
in the insurance business, nineteen of them with Transamerica Life Companies,
Mr. Baitler became Chief Operations Officer for Transamerica Life Insurance and
Annuity Company in 1978. He then served
in several senior management and board positions, lastly as Executive Vice
President and Chief Administrative Officer for the Transamerica Life
Mr. Baitler was responsible for the Group Life and Health Division and turned it around from operating at a loss to a profitable business that was sold to Provident Life and Accident. Mr. Baitler was responsible for a number of Transamerica Life Companies' special ventures including: a mass marketing company, a broker dealership, a structured settlements operation and an insurance operation in New York. In addition, he was responsible for the Company's Mergers and Acquisitions function and its corporate asset/liability management program. During his management of the M & A function, Transamerica successfully divested itself of its group life and health insurance operations and its Australian subsidiary.
When he left Transamerica he was a member of the Executive Committee of the boards of all the Life Insurance Companies. In 1989 Mr. Baitler started his consulting business, initially as a strategic advisor to senior executives in the Insurance Industry, assisting them in articulating a vision and a prioritized strategy to achieve that vision. He assists his clients in implementing the appropriate external elements of those strategies. This has led to work in mergers, acquisitions and divestitures and in establishing new relationships with alternative distribution organizations.
Mr. Baitler has served as an Operating Director of Arsenal Capital Partners as well as a board advisor to portfolio companies. Born in New York, Mr. Baitler received his Bachelors degree in Mathematics from Union College in New York. He has been a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries.
A veteran of more than thirty years in the insurance business, Mr. Jacobson is an experienced International Life Senior Executive. He has a reputation for innovative thinking, problem solving and leadership skills. He has extensive Board experience as an Outside Director as well as Executive Director.
Mr. Jacobson was President of International Life for the ACE Group. He started the business from scratch and after 5 years it became a Global Life and Reinsurance business generating $1 Billion in Renenue and $200 Million in after-tax operating profit. He managed 1,000 employees and 10,000 agents across 26 countries. As part of this Mr. Jacobson started a 50/50 Life Insurance JV with Huatai in China with operational management responsibility and as a Board member.
As Executive Vice President for Citigroup, Mr. Jacobson built and managed start-up Life Insurance Companies in China, Hong Kong and Poland. He also started a 50/50 JV with partner Mitsui Sumitomo Life in Japan.
As Senior Vice President for Travelers Insurance, Mr. Jacobson was responsible for their US Life insurance business. He tripled their revenue over a three year period. In 1991 as a Senior Vice President for Security-Connecticut Life, Mr. Jacobson invented the market's first life insurance product with secondary guarantees.
Mr. Jacobson served two years on the Board of Aviva US until the company was sold. He chaired their Risk and Audit Committees.
Born in New York, Mr. Jacobson received his Bachelors degree in Mathematics from the State University of New York in Albany. He is a Fellow of the Society of Actuaries. Mr. Jacobson is currently on three non-profit Boards in the education field including The Actuarial Foundation.
Glenn Cunningham has more than 30 years of leadership and management experience in both the insurance and reinsurance industry.
Glenn began his career with the Travelers Insurance Companies in Hartford Connecticut, rising to Senior Vice President and Chief Underwriting Officer of Travelers Life and Annuity Company.
He served GE Capital as and Senior Vice President and Chief Operating Officer of two life, health and annuity insurance companies and was part of the acquisition and integration teams in a number of insurance related acquisitions, mergers and integrations across multiple insurance product lines.
Mr. Cunningham then joined Transamerica Corporation assuming first leadership responsibility for their reinsurance division international group life and accident business, and then as Executive Vice President responsible for their core U.S. Life reinsurance business for over 15 years.
He continued as a member of the Executive Management Board of Transamerica Reinsurance, under Aegon N.V after acquired Transamerica Corporation and then after the SCOR S.E acquisition of Transamerica Reinsurance.
Mr. Cunningham has extensive ties and relationships in both the insurance and reinsurance industry and has been an active participant in a number of industry committees, associations and trade groups over many years. He is recognized for his expertise in business strategy development, planning and execution, Innovative data driven start-up successes along with the assessment of mergers, acquisitions opportunities and integration planning and execution.
Mr. Cunningham is a graduate of Saint Bonaventure University.