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Carl L. Herrmann III manages WNC's new and existing product research and development. Through his extensive experience and knowledge of the property and casualty insurance industry, he sees emerging trends, identifies new or hidden opportunities and initiates product and business alliance development to capitalize on such opportunities. In his prior position as President and Chief Operating Officer of WNC First, Mr. Herrmann III was responsible for management and daily operations. During his eleven-year tenure as President, Mr. Herrmann III successfully negotiated major contracts that have generated more than $300 million in premiums. Mr. Herrmann III's insurance industry career began in the early 1980s. He has been a licensed Insurance Agent since 1982 and is a trained Property and Casualty Adjuster. Before joining the company in 1991, a few of his executive duties while working at Insureco Insurance Services/ Transamerica Financial, included developing and managing the Lease Track System, managing positions in Sales Account Services and Research and Development. | 