Donald L. Cleveland
President, MPR-Fintra, Inc.
1300 N. Federal Hwy, Ste 110, Boca Raton, Florida33432
561-338-7488
Donald’s (Don’s) insurance experience started in 1979 with the formation of a captive insurance company. He served as the COO of that company for three years, and then went into business on his own. He remained on his own with two exceptions.
He served as the Director of Risk Management for the Dormitory Authority of New York for eight years. It is the largest public construction authority in the United States. The Authority is not part of the state government, but a public service corporation created to operate on its own revenues. Their construction and financing programs covered a wide array of facilities including entire college campuses, additions to the Metropolitan Museum of Art, hospitals, nursing homes and other non-profit facilities. While with the Authority he supervised the risk management on annual construction projects of over $1 billion and 560 locations for which the Authority either purchased insurance coverage or required coverage in its mortgage documents. His duties included field inspections of construction sites, purchasing insurance, developing general conditions for all types of construction and mortgage agreements and implementing the risk management program. The Authority averaged $6.5 billon in new mortgage agreements annually during the period he served as Director of Risk Management. While there he saved millions of dollars through the use of alternative risk insurance plans.
He also worked with Meadowbrook Insurance Group as the division director for special risks and professional liability of a south Florida branch for five years. While he was there, he assisted in the placement of large scale property risks with over $2 billion in annual total insured value, served as their surplus lines agent, and supervised the professional liability division. He was also responsible for the negotiation and direct placement of a special violence and terrorism cover for the 2000 Salt Lake City Winter Olympics.
While working on his own, he developed numerous group and association property and casualty fully insured programs, captives, rent-a-captives and insurance companies. He served as start-up COO of several companies developed for clients, as a director of a self insured workers compensation group, as well as a MGA and MGU and served as a director of the Captive Insurance Company Association of America. His projects included among others, writing manuscript policy forms, special rating tables, underwriting and safety guides, making insurance department filings, and placing of facultative, treaty, quota share and excess of loss reinsurance in domestic and international markets.
Prior to entering the insurance business he worked for ten years as a public interest group lobbyist, lobbying at the national, regional, state and local government level and worked three years for a state legislature as assistant director of research. The interface with all levels of government during this period gave him a highly functional understanding of insurance as a regulated industry.