Herb Cline: An Accomplished Leader in Insurance and Strategic Consulting.
Herb Cline is an accomplished leader in the insurance industry, renowned for his expertise in strategic planning, operational transformation, and delivering exceptional results. With a career spanning several prestigious organizations, Herb has consistently demonstrated his ability to drive growth, optimize operations, and create value for clients. Currently serving as the President of Cline & Associates, Herb’s leadership and strategic vision have positioned the consultancy as a trusted advisor in tailored business solutions.
Herb Cline’s professional journey includes significant roles in various organizations, showcasing his diverse skill set and leadership capabilities. As President of Cline & Associates since 2020, Herb has been instrumental in developing tailored solutions for businesses, supporting the launch of new ventures and products, strategic planning and financial modeling for the manufacturing and insurance sectors, capital management and debt-financing for acquisitions, and creating comprehensive marketing strategies for business sales.
Prior to Cline & Associates, Herb held key positions at The Sovereign General Insurance Company, where he served as the VP of Commercial Operations from 2015 to 2020. In this role, Herb achieved remarkable growth and transformed organizational effectiveness by cultivating strong relationships with national broker partners and ensuring alignment across distribution, underwriting, actuarial, and finance functions.
Herb’s extensive experience at The Sovereign General Insurance Company also includes his tenure as VP of Finance from 2009 to 2014. During this period, he transformed the finance function, establishing financial pillars for company repositioning. Herb implemented a reporting system that integrated financial, policy, claims, and broker performance data, enabling strategic decision-making and actionable insights. His leadership in repositioning the company through negotiation with rating agencies, reinsurance restructuring, and refining risk appetite resulted in double-digit growth and record profitability.
Earlier in his career, Herb held significant positions at The Co-operators, where he served as VP of Finance Accounting Services, Director of Financial Accounting and Systems, and Vice President Finance at Co-operators Real Estate Development Company. Herb was instrumental in establishing inaugural shared services organizations, streamlining financial operations, and driving efficiencies through technology platforms.
Education and Certifications: Herb Cline holds a Bachelor of Arts degree in Commerce and Economics from the University of Toronto Mississauga. Additionally, he holds a Certified Public Accountant (CPA, CGA) designation.
Volunteering and Personal Interests: Beyond his professional accomplishments, Herb Cline is an active participant in social initiatives. As the Chairman of World Embrace, he collaborates with local leaders in Gulu, Uganda, to create sustainable solutions to social problems, with a specific focus on improving the lives of children through projects such as building a City Children’s Park.
Skills and Expertise: Herb Cline possesses a diverse skill set that includes risk management, insurance expertise, strategic planning, and financial management. These skills have been acknowledged and endorsed by colleagues and industry professionals, highlighting his proficiency and expertise in these areas.
Herb Cline’s extensive experience and leadership in the insurance industry, combined with his strategic acumen and dedication to delivering exceptional results, make him a highly respected figure in the field. As President of Cline & Associates, Herb continues to drive excellence, providing tailored solutions and strategic guidance to businesses across various sectors. His visionary approach, combined with a deep understanding of operational transformation, ensures that Cline & Associates remains at the forefront of delivering value and driving success for its clients.