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Blue Cross & Blue Shield of Michigan
Detroit, MI



Mr. Frederick Driscoll

Director, Risk Financing and Captive Operations,
Blue Cross & Blue Shield of Michigan


Fred Driscoll is the Director, Risk Financing and Captive Operations for Blue Cross Blue Shield of Michigan (BCBSM). Fred is a Risk Management professional with over 30 years of experience. In his current role, Fred is directly responsible for the insurance and risk financing programs for BCBSM and its subsidiaries. Fred also manages the daily operations of Woodward Straits Insurance Company (WSIC), a wholly owned captive insurance subsidiary domiciled in Michigan. WSIC is the second largest (by annual revenues) Michigan captive and contributes both financially and strategically to the consolidated organization. Directly prior to Blue Cross Blue Shield of Michigan, Fred was the Director, Risk Financing at Lifetime Healthcare, Inc. (Excellus Blue Cross and Blue Shield) the Blue plan for upstate New York. Fred has been the senior risk person at both for profit and not for profit entities including a Fortune 100 financial services company. Fred has is bachelors degree in Insurance from Ferris State University in Big Rapids, Michigan. He also serves as a member of the advisory for the insurance program at Ferris. Dedicated to the advancement of the discipline and acts a member of the board of directors of the Detroit Chapter of the Risk and Insurance Management Society (RIMS) currently serving as its Vice President.


Ferris State University
Big Rapids, Michigan, United States
Bachelor of Science, Insurance

Job History

Blue Cross and Blue Shield of Michigan
Director, Risk Financing and Captive Operations
Detroit, MI, United States
July 2018 - present

Blue Cross Blue Shield of Michigan
Manager, Risk Management Services
January 2014 - July 2018

Excellus Blue Cross and Blue Shield
Director, Risk Financing and Insurance Programs
January 2011 - January 2014

Hartford Financial Services, Inc.
AVP, Senior Risk Manager
January 2005 - December 2010

The Schumacher Group
Vice President, Risk Manager
January 2002 - January 2005

The Auto Club Group (AAA Michigan)
Manager, Risk Management
January 1995 - January 2002

Michigan National Corporation
VP, Director, Risk Management and Insurance Programs
Farmington Hills
January 1990 - January 1995