Richard C. Bray
Professional Experience

Benchmark Insurance Company
Board Member/Principal
2003-Present

A- rated casualty carrier licensed in 42 states.

Nevada Mutual Insurance Company
Executive Vice President/Board Member
2002 - Present

A Founder of this medical malpractice mutual insurance carrier in the State of Nevada.

TREAN Corporation
Executive Vice President/Board Member
2000 - Present

Co-founder of TREAN as a managing general agent and insurance holding company.

Medical Reinsurance Co., LLC
Executive Vice President/Chief Operating Officer
1995 - Present

Co-founder of MRC as a managing general agent and reinsurance broker firm. Senior manager of internal operations and business development. Speaker at numerous conferences and seminars regarding reinsurance and insurance company formation and management.

Health Care Insurance Facility
Board of Directors
2000 - 2002

Co-founder of this reinsurance managing general agent which was jointly owned by MRC and seven large insurance companies. This company specialized in underwriting excess insurance and reinsurance for medical malpractice.

First Dakota Indemnity Company
Principal & Board Directors
2000 - 2003

South Dakota domiciled property/casualty insurer

E. W. Blanch Co.
Senior Vice President - Chief Operating Officer/Specialty Unit-MRC
1989 - 1996

Responsible for the production and business development as a Vice President in the Specialty Division. Specific focus in expanding reinsurance management services in medical malpractice. Responsible for the production growth which led to managing approximately 43% of all medical malpractice reinsurance purchased in the United States. Worked closely with provider groups and provider insurance companies in analyzing and managing medical malpractice risk. 1993 became a Senior Vice President and Workers' Compensation and Life Accident & Health responsibilities were added to the Specialty Unit. In 1994 became Chief Operating Officer of the Specialty Unit/MRC and developed the foundation that eventually led to MRC becoming a managing general agent and underwriter as a wholly owned subsidiary of E.W. Blanch in 1995.

Kirke VanOrsdel, Inc.
Vice President & Executive Assistant to the Chairman
1985 - 1989

The Nations largest administrator for National Association program insurance. Represented insurance placement for associations - NRA, TROA, ROA, Ducks Unlimited and Represented the Chairman at Board meetings and functions he was unable to attend. Managed special projects for new business development and internal management cost savings. During this period was also the co-founder of the Specialty Unit that focused on assisting providers and infinity groups on developing and managing captive insurance companies. Credited with having formed the fourth Risk Retention Company in the United States under the newly modified Federal Risk Retention Act. Spoke at numerous National conferences and was a senior member of the National Account Production Team.

United States Senate
Field Representative U.S. Senator Larry Pressler
1983 - 1985

Represented the Senator in the North East region of South Dakota managing the Senate office located in Aberdeen, SD. Hired staff and managed constituent issues. Managed the Senatorial campaign in region.

South Dakota Army National Guard
Captain - Field Artillery
1978 - 1995

As an officer graduated from Officer Candidate School with the highest honors - Colonel J.M. Barnes Award for outstanding leadership. Went on to become the youngest Field Artillery commander in 146 FA and led C Battery, 1/147 FA competition for the Eisenhower Award. Received awards for accomplishments.

Education:

Attended the University of South Dakota and Regents College Receiving a Bachelor of Science Degree.

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