Kraus-Anderson Insurance names Clay Shelton Assistant Vice President
BURNSVILLE, Minn. (March 2017) –Kraus-Anderson Insurance has promoted Clay Shelton to assistant vice president of risk management. Shelton has served as the agency’s director of risk management since 2007, where he has overseen the development of specialized claims management and loss prevention services.
Shelton is a 25-year insurance veteran, focused on products and solutions for the construction industry. At KA Insurance, he has managed claims, safety and other significant risk management initiatives for large national clients of KA Insurance.
After KA Insurance acquired Minnesota Insurance Brokers in 2009, Shelton managed the development and integration of two key cost containment practices into the agency: Comptrol, a worker’s compensation management division; and Comptrol.Zero, a loss control consulting division.
“Today, Clay has been instrumental in the steady growth of these two key areas,” said Dennis Diessner, executive vice president and COO of Kraus-Anderson Insurance. “His insight and condensed analyses result in creative non-traditional solutions for our clients.”
One such solution is the Subcontractor Default Insurance program, which Shelton has successfully built as part of the KA Construction’s overall risk management initiative.
A member of the agency’s management team, Shelton directs the placement of builder’s risk programs of KA’s joint venture contracts, and leads the Kraus-Anderson Executive Risk Committee, which creates best practice initiatives relating to safety and loss prevention.
Shelton received his B.S. in Business Administration from the University of Missouri and his M.B.A. in Risk Management from the University of St. Thomas. He is a member of the Risk Management Society (RIMS), Construction Financial Management Association (CFMA), Association of General Contractors (AGC) and Chartered Property Casualty Underwriter society (CPCU).