CV of GREG WIMMER - INSURANCE EXPERT WITNESS
WORK EXPERIENCE 1987-2007
Since 1987, Mr. Wimmer has been actively involved in the structured settlement business. During this time, he has acted as President of a structured settlement firm, a broker, a settlement consultant and expert witness.
His work in this area included the negotiation and placement of structured settlement annuities and consultations with defendants, their insurers as well as plaintiffs and their attorneys as to the financial efficiency and appropriateness of structured settlements. He has also worked extensively with the Ad Litem community throughout Texas to establish court approved benefit packages for minor and incompetent claimants.
He has been retained to preserve or increase benefits through 468B Qualified Settlement Funds, Medical Set Aside Trusts, Medical Reversionary Trusts, Section 142 Trusts, Special Needs Trusts and Settlement Preservation Trusts.
In addition, he was as an expert witness in the area of structured settlements, the design and pricing of specific benefit packages, the tax ramifications of periodic payments plans as outlined in the Internal Revenue Code and the projection of future costs for education or health care needs. He has also developed periodic payment plans for civil rights, sexual and age discrimination and employment cases.
WORK EXPERIENCE 1973-1987
Mr. Wimmer entered the life insurance business in 1973 following graduation from college. After leading the company for first year associates in the Sales and Sales Management Training Program, he quickly advanced through a series of management positions to become the youngest General Agent in the company upon his appointment in 1982. He was responsible for 22 offices located throughout Texas and New Mexico.
Wimmer hired and trained producers in all aspects of the financial planning process including life and disability insurance, mutual funds, general investments, private placements, tax advantaged investments, group life and health insurance, estate planning, retirement planning and underwriting. In this capacity he was also responsible the company's overall presence in his territory, including staffing, training, technology, sales practices, claims, licensing, lease negotiations and underwriting.
His efforts resulted in his agency being awarded the Agency Development Award, the second highest management award in the company and earned the National Management Award from the General Agent's and Managers Association.
WORK EXPERIENCE 2003-Current
Litigation Consultant and Expert since 2003. Has been recommended and engaged in cases involving life and health underwriting, claims practices and procedures, agent standards and practices, ERISA plans, life insurance, annuities, both fixed and variable, disability income insurance, dental and group life and health insurance and cases involving securities sales. He has appeared in both federal and state courts as an expert. Gregory G. Wimmer's Current Position As Insurance Expert Witness