Insurance Expert Jim Wrynn Joins FTI Consulting as Senior Managing Director

Rhea-AI Summary

FTI Consulting announced the appointment of Jim Wrynn as a Senior Managing Director in its Global Insurance Services practice, emphasizing its commitment to enhancing expertise in a complex insurance landscape. With over 35 years of experience, Wrynn brings valuable insights from his previous roles, including Chief Commercial Officer at NAM. His appointment aims to boost client strategies in areas such as regulatory compliance and risk financing. FTI Consulting generated $2.46 billion in revenues during fiscal year 2020, highlighting its strong market position.

Positive

• Appointment of Jim Wrynn enhances expertise in Global Insurance Services.
• Wrynn's experience in insurance regulation and compliance is advantageous for client strategies.
• FTI Consulting generated $2.46 billion in revenues in FY 2020, indicating robust financial health.

Negative

• None.

WASHINGTON, Oct. 04, 2021 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the continued investment in its Global Insurance Services practice with the appointment of Jim Wrynn as a Senior Managing Director.

Mr. Wrynn is a leading expert on insurance matters, with more than 35 years of professional experience as an executive, attorney, regulator and advisor. He rejoins FTI Consulting from NAM, where he was Chief Commercial Officer and Hearing Officer.

“I am delighted to welcome Jim back to FTI Consulting as a part of our Global Insurance Services team,” said Wendy Shapss, Co-Leader of the Global Insurance Services practice at FTI Consulting. “He joins during an exciting period as the insurance industry is operating in an increasingly complex and dynamic global environment. His experience and expertise will provide deep insights and perspectives that support our clients’ business strategies and objectives.”

Based in New York, Mr. Wrynn serves as an expert in various litigation matters and is involved in global insurance regulations, policies and standards. He assists clients in developing strategies and programs dealing with regulatory and compliance issues; capital management and optimization; strategic partner and acquisition identification; new product development; geographic expansion strategies; distribution solutions; risk financing and captive insurance formation and operation; inquiries and investigations; claims analysis; litigation; and a variety of other issues globally.

Mr. Wrynn is a former New York State Superintendent of Insurance, where he was instrumental in the development of national and international regulations that govern the insurance industry. He also helped form the New York State Department of Financial Services, where he served as the first Deputy Superintendent of the new department.

Commenting on his appointment, Mr. Wrynn said, “I am excited to return to FTI Consulting and work alongside my colleagues who share a passion for serving clients across the globe on all matters relating to insurance and litigation. I look forward to leveraging the diverse platform and global network at the firm to offer first-hand experience and practical industry knowledge for our clients across management, financial, operational and technical functions.”

About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 6,400 employees located in 29 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 $2.46 billion in revenues during fiscal year 2020. In certain jurisdictions, FTI Consulting’s services are provided through distinct 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 12^th Street NW
Washington, DC 20004
+1.202.312.9100

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

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

FAQ

Who is Jim Wrynn and what is his role at FCN?

Jim Wrynn has been appointed as a Senior Managing Director in FTI Consulting's Global Insurance Services practice, bringing over 35 years of experience in the insurance industry.

What are Jim Wrynn's qualifications related to FCN?

Wrynn is a leading expert in insurance matters, previously serving as Chief Commercial Officer at NAM and as New York State Superintendent of Insurance.

What impact does Wrynn's appointment have on FCN's business?

Wrynn's appointment is expected to strengthen FTI Consulting's capabilities in insurance regulation, compliance, and client strategies in a complex market.

What were FTI Consulting's revenues in 2020?

FTI Consulting generated $2.46 billion in revenues during the fiscal year 2020.