Insurance and Risk Management Consultant

Risk Management Consultant Robert E. "Bob" Underdown has more than 20 years of experience in public and private risk management with a major city and several large corporations in fields such as: banking, a nationwide private ambulance service and a leading metropolitan retailer.

His additional insurance experience includes serving as claims manager for a third-party claims administrator, supervisor for an insurance carrier and broker for structured settlements.

Risk Management Expert Witness

Bob Underdown is an insurance expert and has served as an expert witness for risk management and insurance cases across the country since 2003. For more information on Bob's Insurance Expert Witness experience, click here.


Does your firm need a temporary Risk Manager for specific projects (including but not limited to) Broker Selection, Managing Insurance Renewals and Designing Risk management Programs?

Please call me with your specific needs.

General Services

Specific services Bob provides are:

  • Audit of your current Risk Management function
  • Design your Risk Management function
  • Design a competitive insurance bid process (to assure the best price)
  • Design Risk Performance measurements
  • Directors and Officers Liability Policies
  • Insurance Premium Audits
  • Review insurance coverage
  • Help select the best broker for your account
  • Help select the best TPA for your account
  • Self-Insured Property and Casualty Programs

Areas of Expertise

Risk Management

  • Captive Insurance Program Design and Funding
  • Department Operations
  • Insurance Purchasing Procedures
  • Insurance Quote Submission
  • Loss Control Programs Design
  • Program Design and Funding
  • Records Standards
  • Risk Performance Measurements
  • Safety Interface

Trust-Owned Life Insurance (TOLI)

  • Policy audit and review
  • Prevent lapsed policies
  • Risk Management for your TOLI assets

Insurance: Property and Casualty, Workers' Compensation

  • Bidding and Placement Process
  • Claims Handling Practices
  • Claims Reserve Setting Individually and Conceptually
  • Coverage Appropriateness / Adequacy / Limits
  • Coverage Opinions
  • Experience Modification Factors
  • Large Deductible Programs
  • Policy Compliance with Acquisition Specifications
  • Policy Selection Procedures
  • Premium Calculations and Billing
  • Property and Casualty Policy Interpretations
  • Retrospective Rating Calculations

Professional Affiliations:

  • President Forensic Expert Witness Association (FEWA), Arizona Chapter
  • Board Member Forensic Expert Witness Association
  • Past President, Arizona Chapter Risk and Insurance Management Society (RIMS)
  • Past Board Member, San Diego Chapter Risk and Insurance Management Society
  • Member, Arizona Chapter Risk and Insurance Management Society
  • Member, American Association of Insurance Managements Consultants (AAIMCo)
  • Member, Forensic & Litigation Support Steering Committee Arizona Society of CPA's