Daniel Spragg
Senior Director
Quick facts
25+ years of insurance industry experience
Board member and C-level experience with national insurance and reinsurance companies
Attorney with expertise in commercial, D&O, and transactional coverage
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+1 267 507 3120
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We ensure our clients get optimal value for their insurance and risk management investments and that they have market leading protection for their assets and income.
Daniel Spragg is a Senior Director with Alvarez & Marsal’s Private Equity Performance Improvement Group, and co-founder of A&M Insurance and Risk Advisory Services. With more than 25 years of technical and management experience in the commercial insurance industry, Mr. Spragg assists clients in maximizing the value of their risk investments and providing independent underwriting, operations and coverage analyses. He has experience across a variety of industries including retail, food service, heavy industrial, manufacturing, energy and healthcare.

Mr. Spragg brings significant technical and market experience in directors’ and officers’ liability, workers’ compensation, property and casualty coverages and risk management solutions for commercial exposures. Utilizing his underwriting expertise and legal knowledge, he has helped international corporations and leading private equity firms implement best practices in insurance program design, coverage terms and conditions, and insurance vendor selection and management. During his A&M career, he has provided expert witness services for leading law firms, operational support for state insurance regulators, and interim leadership for corporate and restructuring clients including assuming leadership of Lehman Brothers Holdings’ portfolio risk management.

Prior to joining A&M, Mr. Spragg was Senior Vice President and Chief Underwriting Officer (CUO) with United National Group, a national specialty property and casualty insurance carrier. As CUO for UNG, and previously for Fireman's Fund Specialty Insurance, Mr. Spragg led all underwriting operations and was responsible for all pricing, coverage design and broker compensation on more than $1.5 billion in written premiums.

Mr. Spragg earned a bachelor's degree in economics and business from Drury University, and a J.D. from the Chicago-Kent College of Law (admitted to the Illinois Bar). His professional designations include: Chartered Property Casualty Underwriter (CPCU), Associate in Reinsurance (ARe) and Associate in Insurance Accounting and Finance (AIAF). He also serves as Chair of the Self Insurance and Risk Management committee in the Tort and Insurance Practice section of the American Bar Association.