Profile of Alexander T. Farley
Alexander T. Farley is the President of American Insurance Management Group, Inc. (AIM), which he founded in 1990. With over thirty-four years of experience, Alec has highly developed and recognized skills in executive management and as a management consultant. He has expertise in interim management, governance, strategic planning, enterprise risk assessment, financial restructure, reinsurance, company infrastructure, and marketing.
Alec also offers extensive experience assisting regulators evaluate potentially impaired insurers, then facilitating the collaborative development with management of a corrective action plan to revitalize the company. Insurance commissioners have appointed Alec on seven occasions as their Deputy acting as the senior executive guiding and managing companies in rehabilitation and liquidation. His success record is distinguished with several insurers in rehab emerging as going-concerns and with liquidations payment in full or a high percentage of policyholder claims.
Having been involved with over 140 companies in the property and casualty, life, health and managed care sectors, Alec is able to apply an unparalleled diversity of experience to each engagement or management assignment.
Previously, as vice president of Aon Risk Consultants, Mr. Farley guided the start-up of Aon Corporation’s consulting division specializing in reinsurance, runoff management, and support services for regulators managing troubled companies.
As a senior consultant with Tillinghast, in its management consulting practice, Mr. Farley advised management on strategy, finance and general operations. Subsequently as an officer and charter employee of Thomas A. Greene & Company, Alexander & Alexander’s start-up reinsurance intermediary, he produced, designed and placed treaty reinsurance for a diverse group of clients. Beginning his career with Rollins Burdick Hunter, a national insurance broker, he led a team responsible for producing and managing fortune 1,000 accounts and association programs, including professional liability for AICPA members.
Mr. Farley graduated from Connecticut College with a Bachelor of Arts degree in government and economics. He has served on NAIC ad hoc committees, lectured on distressed company evaluations and revitalization plans, and speaks often on industry topics as requested.
What Client Say About Me
Alec, your experience in revitalizing troubled insurers and tireless work was the bridge for us to buy the companies. For your pioneering work, we will forever be grateful.
Alexander T. Farley
Governance, Strategic Planning, Enterprise Risk Assessment, Financial Restructuring, Reinsurance, Company Infrastructure, Marketing.
T (215) 704-9550