David Stegall Elected President of the Society of Risk Management Consultants

Posted on at

FOR IMMEDIATE RELEASE –Montreal, Quebec, Canada – October 28, 2016

The Society of Risk Management Consultants (srmcsociety.org) is pleased to announce the election of Mr. David Stegall, CPCU, ARM, ARe, RPA to the position of President. Mr. Stegall is Principal Consultant at Risk Consulting & Expert Services, a risk management and insurance consulting firm in Birmingham, AL. Mr. Stegall founded his firm in 2007 and holds a B.A. Degree in Communications from Auburn University.

Continue reading


Insurance Entertainment Daily Interview with David Stegall

Posted on at

September 26th, 2015 Interview By Shefi Ben Hutta
David Stegall: Principal Consultant at Risk Consulting & Expert Services

Risk Consulting & Expert Services is an insurance and risk management consulting firm providing services and counsel to commerce, industry and government on insurance, reinsurance and alternative risk transfer matters. I have over 37 years of experience and often act as an expert witness in litigation.

Continue reading


Cyber Risk & Insurance

Posted on at

Cyber Risk & Insurance

by David L. Stegall & Joy M. Gänder

The Court Journal of Science & Technology has published an article on Cyber Risk & Insurance examining the issue of cyber risk and exposures to loss, including recent legal and legislative developments. It reviews and discusses the options for cyber insurance coverage and the coverage limitations of such policies and endorsements. The article also explains the first and third party exposures to loss that cyber insurance covers as well as other benefits of cyber insurance. The purpose of this article is to provide guidance to legal practitioners and other professional advisors regarding potential cyber risk exposures.

Continue reading


Property & Casualty Insurance Procurement & Litigation (Ten Things Every Lawyer Should Know)

Posted on at

     Over the course of my career of 35 years as a local agent, a regional, national and international retail broker, a wholesale broker, an insurance underwriter and a reinsurance executive, the last five of which have been as a risk management consultant and expert witness, I have found ten problematic and recurring themes that often lead to litigation. Attorneys dealing in insurance procurement litigation issues may want to consider these ten themes: Continue reading


Captive Insurance Use By Life Insurance Companies

Posted on at

In June 2013, the New York Department of Financial Services through its Superintendent, Benjamin M. Lawsky published the results of an examination they had conducted over the previous year, by the name “Shining a Light on Shadow Insurance: A Little-Known Loophole That Puts Insurance Policyholders and Taxpayers at Greater Risk”. The Lawsky Report does bring to light some potentially alarming results.
Continue reading



The Insurance Industry’s Imperative Neccesity

Posted on at

One of the very first things you learn when you enter the insurance industry and begin basic industry training is that the insurance business is, and has been since its inception, characterized as a business of “Utmost Good Faith”.  This premise for all dealings within the industry is it’s “Imperative Necessity”.  This means that the duty of utmost good faith goes beyond the traditional good faith and fair dealing implicit in every contract and is the practical opposite of the principle of many transactions: “Caveat Emptor” Latin for “let the buyer beware”.  I love this aspect of my industry and have been proud to operate within this “imperative necessity”.
Continue reading