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Corporate vice president and director, professional liability
Burns & Wilcox Ltd.
Farmington Hills, Michigan
David Derigiotis joined Burns & Wilcox Ltd. in 2008 and has been a corporate vice president since 2013. He is director of the firm’s professional liability center of excellence, where he leads a team of brokers and underwriters that foster strategic partnerships with insurers, security firms and other industry organizations. He previously worked for four years as an underwriter at Markel Corp.
Best advice you’ve been given
The best advice ever given me was an old quote from (football coach) Mike Ditka: that success is not permanent and failure isn’t fatal.
Top industry concern
I think the top industry concern has to do with insurtech, insurance technological advancements. Technology has disrupted so many other areas outside of insurance, such as retail, hospitality and taxi services, and advancements in technology have been slow in insurance. But I think once they’re adopted, things will change quickly.
Best-kept secret about insurance
It’s the excess and surplus lines industry, the ability to be creative, think outside the box, to find solutions for very tough problems, to collaborate with people all across the United States, London, Bermuda. It’s an amazing world of insurance to operate in that many young people aren’t aware of. The thing I love is that you’re able to really dig your heels in and be an expert in a variety of areas that interest you.
Hobbies and interests
With five kids at home, my hobbies are around my children and their athletics. I coach youth football, and I’m involved with baseball, basketball and soccer.
Something people don’t know about you
I have competed professionally in mixed martial arts.
Business Insurance’s Break Out Awards program honors 40 top professionals on track to be the next leaders in the risk management and property/casualty insurance field.