Al Herrera is the Executive Vice President for Cypress Premium Funding, Inc. Mr. Herrera has over 25 years of experience in premium financing. Mr. Herrera has spent his entire career in both premium financing and insurance underwriting developing relationships with independent retail insurance brokers. He oversees the California Region north of the Orange County. Cypress Premium Funding, Inc. is owned by Reata Holdings, Inc. Reata focuses on providing products and services for independent insurance agencies in the Western United States. Mr. Herrera serves on the Advisory Board of Reata and assists in corporate strategy, brand management, acquisitions and corporate alliances for Reata.
Mr. Herrera grew up in Los Angeles California and studied insurance at University of California Los Angeles. Mr. Herrera started his insurance career with the Hartford Insurance Group as a regional underwriter. He eventually moved on to CNA and served as a Commercial Property Underwriter for the entire Los Angeles Region. After a decade of underwriting he joined TransAmerica Insurance Group and ran their product and business development division. His capacity was to manage all of Southern California and Arizona business opportunities. In 1990 he joined California Indemnity with a focus on growing their workers comp market share as well as premium financing. It was then in 1997 he joined IBEX Financial and as a Vice President provided distribution of products and services for commercial insurance premium financing.
In 2008 Mr. Herrera joined Cypress Premium Funding, Inc as a Vice President and is responsible for developing and distribution of Cypress products and services. As a member of the Reata Holdings Advisory Board he is instrumental in directing opportunities to Ironwood Brokers as well as Sugar Tree Technologies. Mr. Herrera is very involved in with the direction of meeting both the short term and long term goals of Cypress and Reata Holdings.