Todd Thakar

Todd Thakar

Executive Director: California Life & Health Insurance Guarantee Association and Nevada Life & Health Insurance Guaranty Association

Todd Thakar serves as Executive Director of both the California Life & Health Insurance Guarantee Association and the Nevada Life & Health Insurance Guaranty Association. His involvement with the guaranty system began in 1995 and includes more than a dozen years as Chair of the California and Alaska Boards and as a member of the Oregon, Washington, and Hawaii associations. His insolvency experience includes serving on the Penn Treaty Task Force and its PACA and Escalated Matters Committees. He also serves as Chair of the Northwestern National Insurance Company Task Force, and he is a member of the SHIP Task Force, among others.

Mt. Thakar has become a leader in leveraging technology to transform the California and Nevada guaranty associations into virtual offices and facilitating fully electronic assessment notices, collections, and reconciliation. His efforts to bring the Northwestern National Insurance Company claims processing in-house reduced administrative costs by more than 80%, and the electronic collection of $295 million for the Penn Treaty assessment generated $350,000 in additional interest for the California association.

During his tenure as Vice President Government Affairs with Prudential Financial, Mr. Thakar served as the face of Prudential to regulators and legislators in nine western states. Before joining Prudential, he practiced redevelopment and municipal finance law; worked in Washington, D.C. as Director (and Assistant Director) of Intergovernmental Affairs for U.S. Senator Pete Wilson (R-CA); served as a Schedule C appointee with the Reagan Administration at HUD; and began his career as the Marketing Director for a computer seminar company. He holds a law degree from the University of San Diego, a Masters of Public Administration from USC, and a B.A. in Political Science from UCLA.

With a heart for others, Mr. Thakar serves on the Board of Directors for Faith Alive USA, a nonprofit helping to provide free medical care to 300+ patients daily at the Faith Alive HIV/AIDS Hospital in Jos, Nigeria. He has taken more than 24 short-term international mission trips, including visiting Nigeria 14 times to volunteer at Faith Alive as well as trips to Nicaragua, Colombia, and Uganda. In addition to being dad to his four grown daughters, he mentors college-age interns at his church and has had 40 students live with him since 2012. He and his wife, Angie, mentor young couples and are working to bring fresh water to Nicaragua neighborhoods lacking access to clean water.