Kevin Bingham, ACAS, CSPA, MAAA, is the chief results officer of subsidiary initiatives at Chesapeake Employers’ Insurance. He has over 27 years of industry experience, including 21 years of consulting.
He is responsible for the “start-up” of subsidiaries focused on the development of an innovation pipeline, day-to-day subsidiary management, accelerating revenue growth and improving the customer experience of agents, policyholders and the injured workers Chesapeake Employers’ serves. Bingham also serves as the president and CEO of Chesapeake Employers’ corporate venture capital subsidiary, iCubed Ventures, LLC.
Bingham is a regular contributor to Contingencies Magazine, Inside Medical Liability, Insurance Thought Leadership and other publications on issues facing the financial services industry. Bingham has spoken at more than 100 events and has published over 80 articles, including titles such as “Leveraging Analytics in Workers’ Compensation Claims Handling,” “Enhancing Workers’ Comp Predictive Modeling with Injury Groupings,” “The Opioid Abuse Epidemic – Turning the Tide,” “The Burden of Obesity on Workforce Wellness,” “Analytics on the Cloud: Transforming the Way Claims Leverages Advanced Analytics,” “Revving Your Analytic Horsepower – The Claims IT Journey,” “Statistical Thinking, and Advanced Analytics, Can Lead to Better Decisions,” “Workers’ Compensation Comes of Age,” “Emerging Analytic and Technology Trends in Healthcare,” “Rising Hospital Settlements and the Shift Away from Defending Claims – Are We Breaking the Backs of Hospitals, Insurers, and Healthcare Consumers?,” “Changing Point of Sale for Insurance,” “Patient & Physician Risk Communications: An Important Step Before Writing that Opioid Script,” “Non-Opioid Treatment Alternatives – Avoiding Dependency and Addiction” and “10 Strategies to Combat the Rx Abuse Epidemic – An Insurer’s Perspective.”
Bingham is also heavily invested in the development of others. Over his career, he has been an instructor, dean, program sponsor and leader of training, charity and parenting initiatives. He has instructed on several subjects, including actuarial topics, analytics, insurtech, innovation, strategic thinking, business development, eminence building and the development of a personal brand. In 2015, he published a 155-page book with his daughter titled “How to Raise an Everyday Hero, Quotes for Bedtime and Beyond.”
Prior to joining Chesapeake Employers, Bingham consulted for the insurance, healthcare and public sectors, providing solutions ranging from actuarial analysis and future state visions to the development and implementation of advanced analytical models. He worked with regulators, reinsurers, insurers, state funds and self-insured companies to help them review and think strategically about their workers’ compensation, liability and property coverages. From loss reserving and ratemaking to reinsurance optimization and enterprise risk management, Bingham helped insurers and self-insured organizations better measure, monitor and mitigate the risks they face.
Bingham is recognized as a thought leader in the medical professional liability, workers’ compensation, predictive modeling and opioid arenas. Bingham led the MPL and claim predictive modeling practices at Deloitte, while also serving the profession as the past co-chair of the Casualty Actuarial Society’s innovation council, the past chair of the American Academy of Actuary’s medical professional liability subcommittee and current chairman of the annual medical professional liability Execusummit.