Marc J. Diamond

Associate & Principal at ICA Risk Management Consultants

Marc joined ICA as an Associate/Principal in 1989. Having three decades of experience in domestic and international commercial clientele risk management and insurance consulting, Marc leverages his experience serving Clients nationwide in all matters concerning risk management.

The hallmark of Marc’s practice is providing client-focused service that brings customized solutions to complex risk situations, be they risk retention programs, captives, self-insurance, etc. without any vested interest in the solution. Marc’s services home in on each Client’s insurance policies and contracts, and he makes recommendations to provide a stronger insurance and risk management program. This includes seeking corrections and improvements, where necessary, and examining the client’s policies for errors, omissions, overcharges and other deficiencies.

Marc’s practice at ICA entails orchestrating the competitive marketing of the Client’s risk management program, implementing customized insurance specifications for the placement of the necessary insurance coverages comprising the insurance program of the Client. To appropriately advise the Clients he serves, Marc’s focus is only on the Client’s interest in order to achieve unbiased analysis of risk exposure and for designing the most comprehensive and cost-effective risk management programs, as a testament to ICA’s objective code of conduct.

Further, Clients depend on Marc’s services for insight and assurance to best organize, design and implement a certificate of insurance program to control and monitor insurance provided by third parties. This includes a comprehensive review of the Client’s certificates of insurance and insurance policy endorsements provided by the vendor, to ensure it adequately protects the Client and meets the contractual transfer requirements. After assisting the Client in determining the risk of financial loss from their operations, Marc takes pride in offering loss control and prevention recommendations, to better aid Clients in reducing the frequency and severity of claims. When losses occur, Marc is relied on to assist Clients in managing their claims, including loss adjustment and dispute resolution.

Marc currently manages many Clients across multiple industries (i.e. real estate, construction, retail, textile, etc.), including private, public and non-profit organizations, providing individualized and in-depth service as necessary to each Client. To properly advocate on behalf of Clients, Marc assures that every Client’s risk management concerns are confidential and properly protected. As such, Marc is able to leverage ICA’s influence in the marketplace based on the extensive client base that ICA services.

Marc obtained his undergraduate degree from Brooklyn College with a Bachelor of Science Degree in Accounting. He is a longstanding member of the Society of Risk Management Consultants in the United States and also a Member of the Risk Management Consultants of Ontario, Canada

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Timeline

  • Associate & Principal

    Current role