About GoodWorks
Purpose Beyond Profit
charitable mission
GoodWorks Financial Group represents a network of common-ownership companies, all of which are proud contributors and sponsors of numerous local and regional charitable, non-profit and civic organizations.
We are proud of the success of our companies and talented staff, and we feel very strongly about giving back to the communities in which we live and work. All GoodWorks Financial companies have long been engaged and committed social citizens, with these efforts culminating in our groundbreaking GoodWorks Insurance division, which commits to donating a minimum 50% of operating profits each year to organizations supporting local education, healthcare, and public safety programs.
Leadership Team
Goodworks financial / Litchfield Capital Management
Chad Yonker, CFA
Chairman & CEO
Chad Yonker
Chad Yonker has been Chairman & CEO of GoodWorks Financial Group, and Executive Chairman of the Company’s subsidiaries and affiliates since 2011. Mr. Yonker was an early stage investor in GoodWorks Insurance and took over management and ownership of the Company in 2011. Since that time, the GoodWorks Financial Group of companies has matured into one of the fastest growing insurance services operations in the U.S., representing national operations and global partnerships.
Prior to GoodWorks, Mr. Yonker founded Litchfield Capital Management in 2002 as a specialist investment manager focused on the financial services and real estate sectors of the market. The company quickly grew into one of the largest global financial services specialist hedge funds, compounding net returns to its investors in excess of 14% annually from 2002 through the 2008-09 financial crisis—a period of time in which the S&P Financials index lost nearly 50% of its value. Since 2010, Litchfield Capital has focused exclusively on managing private equity and venture capital opportunities and investments with control stakes.
Prior to founding Litchfield Capital, Mr. Yonker was a Managing Director at the specialist investment bank, Fox-Pitt, Kelton’s (FPK) research team, ranked #1 or #2 for global insurance and financial services research in 2000, 2001 and 2002 by Institutional Investor Magazine’s Survey of Global Institutional Investors. While at FPK (1994-2002), Mr. Yonker was seven times named an “All-Star” and “5-Star Analyst” for his research work and investment recommendations in the banking, insurance and consumer finance sectors. Prior to joining FPK, Mr. Yonker was an analyst at the investment management and venture capital firm of Robert W. Duggan & Associates.
Mr. Yonker is a Chartered Financial Analyst (CFA) charterholder, and holds a degree in Business Economics and Accounting from the University of California at Santa Barbara. As a financial institutions expert, Mr. Yonker has been widely quoted by publications such as The Wall Street Journal, Barron's, Investor’s Business Daily, The New York Times, The Washington Post, The Wall Street Transcript, The American Banker, Buyside Magazine, Insurance Journal, IA Magazine, Crain’s Business, SNL Securities, Bloomberg News, The Associated Press, and various regional news publications such as The Los Angeles Times, The Seattle Times, and Hartford Business Journal, amongst numerous others.
Hemant Hirani, CFA
Chief Financial Officer
Hemant Hirani
As CFO, Mr. Hirani is responsible for financial, administrative, and risk management of various entities under the Goodworks Financial Group umbrella.
Mr. Hirani has over 20 years of experience in finance and accounting having worked in these capacities in both the U.S. and India. Before joining GoodWorks Financial Group, Mr. Hirani founded and ran a financial advisory firm in India for 5 years. Previously, Mr. Hirani worked as an analyst and portfolio manager for hedge fund operators Endeavour Capital Advisors and Litchfield Capital Management, and was a sell-side research analyst at the specialist investment bank Fox-Pitt, Kelton (now a division of Macquarie Group). Prior to his move to the U.S. to attend the University of Maryland business school, Mr. Hirani worked as a Chartered Accountant and Auditor for K. S. Aiyar & Co, Chartered Accountants (Mumbai, India) were he ran audit and tax accounting teams that worked on the accounts of many of India's largest publicly traded corporations.
Mr. Hirani is a Chartered Financial Analyst (CFA) charter holder, a qualified Chartered Accountant (equivalent to CPA in India), and a qualified Cost & Management Accountant (India). Additionally, he has earned his MBA degree from the Smith School of Business, University of Maryland, and Bachelor of Commerce degree (Accounting and Finance) from University of Mumbai, India.
Profound Specialty Programs / Invictus Underwriters
Ty Sagalow
President
Ty Sagalow
Mr. Sagalow is President of Profound Specialty Programs, overseeing all underwriting, product development, claims, and legal functions.
Mr. Sagalow is a 38-year veteran of the insurance industry and an expert in new product development in a range of insurance product lines, particularly cyber-insurance, directors & officer’s liability insurance, professional liability insurance, employment practices liability insurance, and reputation insurance. Additionally, with his unique background combining management and professional liability legal, underwriting, and policy drafting, Mr. Sagalow is one of the industry’s most sought-after experts in D&O/E&O coverage disputes.
Mr. Sagalow spent 25 years as a senior executive with AIG. His major positions included ten years as Chief Underwriting Officer and General Counsel for AIG Executive Liability (f/k/a National Union). National Union is the largest provider of management and professional liability insurance in the United States. From 2000 to 2005, he was Chief Operating Officer of AIG eBusiness Risk Solutions, a large provider of security and privacy insurance. From 2005 to 2009, he headed up new product development at AIG General Insurance as President of Product Development before moving to Zurich North America as Chief Innovation Officer. In April 2011, Ty departed Zurich to create Innovation Insurance Group.
In 2015, Mr. Sagalow became a founding member of Lemonade Group, its founding Chief Insurance Officer, founding Chief Executive Officer of Lemonade Insurance Company, and currently serves on the company's board of directors. Lemonade is the first licensed and regulated InsureTech insurance company in the United States and is widely viewed as one of the founding companies of the InsurTech phenomenon.
Products Mr. Sagalow has created have produced hundreds of millions of dollars of gross premium and include Y2k Insurance, (Entity Cover) Directors and Officers Insurance, Cyber Insurance, Reputation Insurance, and Intellectual Property Collateral Insurance.
Mr. Sagalow is a frequent author and speaker. His works include @Risk: Internet and E-Commerce Insurance and Reinsurance Legal Issues and Directors & Officers Insurance Handbook.
Mr. Sagalow has appeared on CNBC, WPIX-TV, PBS and Bloomberg Radio, and he has spoken before various tech, legal and insurance forums on issues including the White House, Department of Homeland Security, and Congress. He is also the host of the series “Innovations in Insurance with Ty Sagalow,” produced by World Risk and Insurance News.
Mr. Sagalow has been interviewed on the topic of innovation by many organizations, including Harvard Business Review and Business Insurance.
Mr. Sagalow is a summa cum laude graduate of Long Island University, a cum laude graduate of Georgetown University Law Center, and he earned the LLM from New York University School of Law.
Ali Wilson
Chief Underwriting Officer
Ali Wilson
Ali Wilson is Industria Risk & Insurance Service's Chief Underwriting Officer and is tasked with the product development and underwriting for Industria's Profound Specialty Programs division. Mr. Wilson is a 25-year veteran of the insurance industry and an expert in new product development in a range of insurance product lines, including accident & health, life, cyber-insurance, directors & officer’s liability insurance, professional liability insurance, employment practices liability insurance, environmental insurance, general liability and reputation insurance. Additionally, with this background Mr. Wilson is known as an industry expert. He has been retained as an expert in coverage disputes relating to claims, governance, underwriting and policy intent and drafting.
Mr. Wilson was formerly employed at AIG, Zurich, and Prudential insurance companies. His experience included Vice President for Zurich’s marketing and proposition development team in New York and as Assistant Chief Underwriting Officer for its accident and health division. Mr. Wilson held several senior claims positions at AIG and was the Vice President and Chief Operating Officer for its Product Development division. Prior to this time, Mr. Wilson held various management roles at Prudential and was a law clerk in New Jersey. In March 2017, Mr. Wilson departed Zurich to create Wilson Associates, LLC.
Mr. Wilson led various teams at AIG and Zurich in the creation of new products and the refresh of many more. This includes strategic approaches for sales, marketing, underwriting and claims management which resulted in the success of various products in the marketplace.
Mr. Wilson's work extends beyond insurance. He serves on many non-profit boards and is highly sought after for advice and counsel regarding board management and governance. Mr. Wilson has also created several non-profits addressing various issues facing urban communities.
Mr. Wilson is a graduate of Middlebury College, Middlebury, Vermont, and Washington and Lee University School of Law, in Lexington, Virginia.
Wheeler & Taylor Insurance / Wheeler & Taylor Real Estate
J. Scott Rote
President
Wheeler & Taylor Insurance
Scott Rote
As President of Wheeler & Taylor Insurance, Mr. Rote is responsible for overseeing the day to day operations of the company, working closely with sales staff on organic growth initiatives, meeting with carrier representatives to keep abreast of agency goals and growth, and works as an advocate of Wheeler & Taylor within the local community and the many organizations that Wheeler & Taylor supports.
Throughout his professional career, Scott has been involved with numerous charitable and civic organizations, at different times serving as President for The Great Barrington Rotary Club, Southern Berkshire Chamber of Commerce, Sheffield Businessmen's Association, and The Undermountain Youth Athletic Association. Mr. Rote has participated as a member of numerous non-profit boards and is the Director of the Mt. Everett Interact Club sponsored by the Great Barrington Rotary Club.
Mr. Rote’s service to the community started over 30 years ago when he began coaching youth sports at Mt. Everett Regional School in his home town of Sheffield. Mr. Rote also served 28 years as a Volunteer Fireman for the Town of Sheffield, and recently retired as the Girls Varsity Basketball Coach at Mt. Everett after 18 years at the helm, winning a South County Championship, two trips to the Western Mass finals, and multiple trips to the Western Mass tournament. He received the Boog Powell Sportsmanship of the Year award in 2015 and was named Women’s Sports Coach of the Year in Berkshire County in 2016.
Douglas Goudey, CIC
President
Wheeler & Taylor Real Estate
Douglas Goudey
Douglas Goudey is the Chief Financial Officer for Wheeler & Taylor, Inc., and President of Wheeler & Taylor Real Estate Company, Inc.
Mr. Goudey joined Wheeler & Taylor in 1994 after earning a Bachelor of Science degree in Finance from Bentley University in Waltham, Massachusetts. Mr. Goudey is licensed to transact insurance sales for property, casualty, life, health, and accident policies in the states of Massachusetts, New York, Connecticut, and Rhode Island. Mr. Goudey obtained his Certified Insurance Counselor (CIC) designation in 1998 from the National Alliance for Insurance Education & Research. Mr. Goudey also obtained his Massachusetts’ Real Estate Salesman license in 1991 and subsequently his Massachusetts’ Real Estate Broker’s license in 2016.
Concurrent with his dual roles at Wheeler & Taylor, Mr. Goudey serves in many community roles in the Southern Berkshires. He currently serves as the President of the Stockbridge Land Trust, Treasurer/Secretary for the Berkshire County Board of Realtors, Assessors for the Town of Stockbridge, and is a member of the Stockbridge Tourism Committee. A few of his past roles include: Member of the Stockbridge Fire Department, President and Treasurer for the Stockbridge Fire Company, Treasurer and Trustee for the Laurel Hill Association, Treasurer and Executive Board Member for the Stockbridge Chamber of Commerce, Treasurer and Trustee for the Stockbridge Library Association, and Trustee for the Stockbridge Bowl Association.
Metayer Bonding Associates
Michael F. Metayer
President & CEO
Mike Metayer
As President & CEO of Metayer Bonding since 1996, Mike is responsible for the overall management, production, and underwriting for the company. This includes maintaining strong client and surety company relationships. Mike has been in the Surety Industry for over 35 years. He started his career in the New Jersey Regional Office of CIGNA. After 5 years, he joined Travelers as their New Jersey Regional Manager. While at CIGNA and Travelers, he worked with contractors both in New Jersey and NYC. With Continental’s acquisition of the Travelers Surety Division in 1988, Mike was promoted to Assistant Vice President managing offices in the Northeast Region of the country. This included reviewing and establishing Surety Programs for the largest contractors in the territory. After 10 years on the surety company side of the industry, he joined a National Insurance and Surety Broker as their Managing Director of Surety. Mike graduated from Drew University in 1982 with a BA Degree in Economics. He holds memberships in several local and national construction associations including; The Associated General Contractors of America (AGC), Associated Builders and Contractors (ABC), and National Utility Contractors Association (NUCA).