Joe DiBella began his career in the P&C insurance industry in 1973. Joe was a founder of General Insurance Company. Under his leadership, he organized and built the company into an A.M. Best A rated carrier. As the CEO, he came to realize that the two most important functions in managing small and medium size insurance carriers are (1) Pricing and (2) Claims Control. Consequently, when he took over the reins of General Management Systems, after the sale of the insurance company, he designed and built the kind of actuarial pricing system that he wanted when he was "behind the desk": a system that would demystify ratemaking and give senior management a plain English tool to measure and test critical
ratemaking assumptions. The innovation and sophistication of the ratemaking model, eRateMaker®, was recognized by A.M. Best in 2005, when General Management Systems was selected as an A.M. Best eFusion Finalist.
Besides being the architect of eRateMaker®, Joe has been active as an operational consultant, author, expert witness, and news media personality.
- He has published several articles on insurance. Two of them appeared in Best's Review magazine: "Retooling Auto" in 2005 and "Big Factors for Small Insurers" in 2009.
- Joe has served as an Expert Witness for both the Florida and New Jersey insurance departments; and
- he has often appeared on national TV, including "60 Minutes" when he worked with their production staff for several weeks on the subject of insurance fraud.
Joe has a Columbia Business School MBA in Quantitative Sciences, and a United States Coast Guard Academy B.S. degree in General Engineering and Applied Sciences. He has been a community professor at a local university where he taught quantitative sciences and computer sciences. While in the Coast Guard, Joe was awarded a commendation medal for his control and coordination of a major rescue operation in the Atlantic Ocean. In those early years, Joe was also a semi-finalist for a berth on the 1964 United States Olympic Wrestling Team.
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