Michael Eubanks

Experience

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  Mutual Protective / Medico Life Insurance Company

  Jan 1984 - Jul 1985

  Law Clerk

  Law Clerk for Long Term Care and Medicare Supplement Company: Established regulatory compliance systems, researched claims and litigation matters, revised policy forms, drafted agent contracts, and assisted corporate counsel.

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  Life Investors Insurance Company of America

  Aug 1985 - Feb 1987

  Attorney

  Assisted various corporate entities and internal departments with legal problems. Disseminated legislative and regulatory analysis to various departments throughout the company. Reviewed, revised, and drafted advertising materials, disclosure forms, marketing agreements, and other legal documents. Established escheat and compliance programs.

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  Aegon USA - Health Division

  Mar 1987 - Mar 1996

  Division Counsel

  Functioned as General Counsel for the Operational Division of a Health Insurance Company with $360M in annual premium generated by a captive agent field force. Managed Legal Department of 10 people, and managed Compliance & Forms Filing Department of 10 people. Negotiated and drafted a capitated PPO leasing agreement for the Division’s Health Products. Developed AEGON’s first Long Term Care products, LTC marketing materials, and LTC agent distribution agreements. Developed a private label LTC product for Transamerica along with the reinsurance agreement ceding risk to AEGON. Show less

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  UICI - MEGA Life Insurance Company

  Apr 1996 - Apr 1997

  Divsion Counsel

  Managed Legal Department of 9 people. Responsible for legal affairs of Divisional Operation and management of all claims litigation for all UICI insurance entities. Assisted management in merging UICI’s operation with AEGON’s health insurance operation.

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  Aegon Special Markets Group

  Apr 1997 - Nov 1997

  Corporate Counsel for Litigation

  Responsible for managing litigation for the Aegon’s Direct Market operation, until I was asked to merge 3 different Legal Departments under Aegon Direct Marketing Services.

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  Transamerica Life Insurance Company

  Nov 1997 - Nov 2014

  Responsible for managing the legal affairs of Transamerica’s Affinity Markets Group, including the shutdown of international direct marketing operations. Other legal functions included contracts, transactions, government relations, and litigation management. Responsible for managing the Legal Departments of the Direct Marketing unit of AEGON USA consisting of internal lawyers and support staff located in Dallas, Atlanta, Baltimore, Toronto, London, and Hong Kong. Legal functions included contracts, transactions, compliance, regulatory affairs, government relations, international expansion, litigation, forms filings, and licensing. Annual legal budget of $16M for divisional operation with $2B in revenue.

  • Business Unit General Counsel

    Oct 2011 - Nov 2014

  • General Counsel & Senior Vice President

    Nov 1997 - Sept 2011
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  Transamerica Corporation

  Dec 2014 - Apr 2016

  Chief Litigation Counsel

  Managed a Litigation Team of 6 in-house lawyers located in Atlanta, Tampa, Cedar Rapids, Baltimore and Los Angeles. Responsible for managing all of Transamerica’s litigation other than EEOC/Employment/HR matters. Reduced pending case count by 25% in one year.

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  ArmadaCare

  May 2016 - Dec 2016

  Legal Counsel
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  ArmadaGlobal

  Jan 2017 - now

  General Counsel & Chief Compliance Officer