Its That Time of Year....
by Chandler F. Cox, CEO The beginning of a new year is an opportune time to reflect on the events of the past year and try to determine how things will differ during the coming twelve months. Senior Management of our Company has spent a significant amount of time going through this process as we prepare for 2010.
Overall, 2009 was a good year for American Mining. While we didn’t grow our business as much as planned, we did accomplish most of our goals for the year (adding depth to senior management, territorial expansion, customer surveys conducted, ROE >15%). Even with flat revenues, we generated a strong profit for W. R. Berkley Corporation and each of our full time employees who worked at least 1000 hours in 2009 will be rewarded with an 11% profit share contribution. Great job – my congratulations to all! |
John and one of his championship dogs. |
An Interview with John Huddleston
How long have you been with American Mining? I started working at American Mining in 1991 when I was a senior at Birmingham-Southern College. At that time there were less than 10 people in the company. With an IT staff of 3, we developed the initial ICAMS framework applications. After finishing college, I continued working at American Mining until December 1998. Although I have been a consultant for the last 11 years, I have managed to work closely with AMIC on several projects, including the West Virginia project and on the recent Drummond ICAMS upgrade.
What did you do before working here? As a consultant, I worked with a variety of industries, from manufacturing to health care. The proudest of all my work has to have been the LifeTrac project. LifeTrac is a post-911, pre-hospital decision and patient routing system.
By The Numbers
The current year loss ratios do not include a provision for incurred but not reported claims. Accordingly, they are merely an indication of how the year is progressing