FTI Consulting strengthens its global insurance services

WASHINGTON, Sept. 20, 2022 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced continued investment in the company’s Global Insurance Services practice with the appointment of Vince Bodnar as Managing Director Principal, Kevin Waterman as Senior Director and Marc Zimmerman as Senior Advisor.

Mr. Bodnar, with nearly 40 years of experience in the insurance industry, will be based in Philadelphia and will lead the firm’s life insurance and long-term care offerings in North America. Throughout his career, he has been a highly visible actuarial consultant helping insurers, regulators and policymakers develop solutions for in-force blocks of long-term care insurance policies and new product innovation. He was named one of the “20 Most Creative People in Insurance” by ThinkAdvisor in 2016.

“Vince is one of the nation’s leading long-term care insurance experts,” said Wendy Shapss, co-practice leader of global insurance services at FTI Consulting. “Vince, Kevin and Marc bring over 100 years of combined expertise and a passion for researching and developing innovative solutions to complex insurance industry challenges. Their in-depth industry knowledge and vast network of supplier relationships will provide an immediate and immense benefit to our business and our customers. »

Commenting on his appointment, Mr. Bodnar said: “The insurance industry operates in an increasingly complex environment. I look forward to leading our team of professionals, who have extensive industry expertise, as we help clients identify creative solutions to challenges in long-term care. »

Mr. Waterman, who is based in Richmond, Virginia, has over 30 years of experience in the insurance industry. Most recently, he was vice president at Genworth, where he focused on the development and pricing of long-term care products. In his role at FTI Consulting, he will help grow life insurance and long-term care offerings, including expanding litigation and advisory services capabilities.

Mr. Zimmerman, who is based in New York, has more than 40 years of experience as founder, director and senior operations and business development manager of a number of global high-performance investment technologies, data and analytics and broader financial services. operations. He comes from ClearPrism, LLC, an enterprise resource planning and analytics consulting firm that worked with FTI Consulting’s Global Insurance Services practice. In his role at FTI Consulting, he will focus on helping the practice to identify and secure new opportunities to serve insurers, broader financial services organizations and others in the areas of business, data and analysis and technology.

About FTI Consulting
FTI Consulting, Inc. is a global business consulting firm dedicated to helping organizations manage change, mitigate risk and resolve conflict: financial, legal, operational, policy and regulatory, reputational and transactional. With more than 7,000 employees in 30 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The company generated $2.78 billion in revenue in fiscal year 2021. In some jurisdictions, FTI Consulting services are provided through separate legal entities that are separately capitalized and independently managed. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.

FTI Consulting, Inc.
555 12e NW Street
Washington, D.C. 20004
+1.202.312.9100

Investor contacts:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com

Media Contact:
Matthew Bashalany
+1.617.897.1545
matthew.bashalany@fticonsulting.com

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