With more than 30 years of strategy, organizational, operations, restructuring and analytics experience in the property and casualty (P&C) insurance, reinsurance, health insurance, life insurance and brokerage industries. Mr. Hoeg assists corporate clients with improving the performance of their companies through identification, evaluation and capture of opportunities to improve the performance of the business for stakeholders and policyholders. In addition, Mr. Hoeg has developed a unique method of measuring and rating the operational efficiency and effectiveness of insurance companies that is based on efficient frontier analysis.
Previously, Mr. Hoeg was Vice President & Insurance Practice Leader at J.D. Power where he was responsible for the P&L, business growth, new product development, and all aspects of the performance and success of J.D. Power’s Insurance Practice.
He was Chief Strategy & Administrative Officer of Companion P&C, a wholly owned subsidiary of Blue Cross Blue Shield of S.C. where Mr. Hoeg was brought in to improve the company and prepare it for sale. He brought in a new management team, restructured significant portions of the company and directly managed $400 million of revenue in the company’s fronting business.
Additionally, Mr. Hoeg was Senior Vice President of Group Strategy at Willis Group Holdings where he was part of the Office of the Chairman, responsible for leading in the development and implementation of the firm’s global strategy.
Mr. Hoeg has held several management consulting roles in the insurance practices at AT Kearney, Accenture and McKinsey & Co., which were focused on strategy, operations improvement, organization design and competitive assessment.
He also held various claims and litigation management roles at Travelers, The Home and Chubb insurance companies.
Throughout his career, Mr. Hoeg has been published and quoted numerous times in a variety of insurance industry publications on issues facing the industry and how insurance executives should address them. Mr. Hoeg earned a bachelor’s degree in political science from Purdue University, a master’s degree in financial economics from Pace University and a J.D. from the Widener University in Wilmington, Delaware.