Biographies

Jeff Balcombe

Jeff Balcombe

President and Chief Executive Officer, The BVA Group LLC


Contact Info

The BVA Group LLC
7250 Dallas Parkway
Suite 200
Plano, TX 75024
Phone: (972) 377–0300

www.bvagroup.com


Background

Jeff Balcombe writes on the valuation of insurance organizations for IRMI.com.

As president, CEO, and partner of the BVA Group (BVA),* Mr. Balcombe leads the firm's management committee and is involved in all aspects of overseeing the firm's services, including valuations, financial advisory services, and dispute consulting.

Mr. Balcombe has testified over 70 times on issues related to general commercial damages including economic damages and lost profits analyses, patent and copyright infringement, misappropriation of trade secret violations, purchase price disputes, wrongful contract termination, shareholder disputes, financial fraud allegations, securities class actions, and valuation issues, including the valuation of businesses and business interests, as well as fairness, solvency, and reasonably equivalent value analyses.

BVA is a nationally recognized litigation, valuation, and financial advisory firm that has a reputation for providing valuable insight and responsive service to clients seeking guidance regarding complex financial issues. The firm was founded in 1974 to pursue a simple but powerful purpose: to empower others through its expertise in valuation, economic damages, and corporate finance issues.

BVA has advised on numerous insurance-related valuation consulting projects including litigation consulting, acquisitions, sales, and valuation of businesses for purposes including mergers and acquisitions, tax planning, and estate and gift taxes. His work has involved agencies, brokers, and financial institutions, with personal lines and excess and surplus lines and other specialty market providers including nonstandard auto, health care, workers compensation, and administrators.

Outside of a dispute context, Mr. Balcombe has been involved in hundreds of valuations across numerous industries performed for various purposes, including financial reporting, tax, employee stock ownership plans, solvency opinions, and fairness opinions. He leads the firm's solvency and fairness opinion committees where BVA provides such financial advisory opinions relating to transactions.

In addition to being a certified public accountant (CPA) who holds the designations of Accredited in Business Valuation, Certified in Financial Forensics, and Chartered Global Management Accountant awarded by the American Institute of Certified Public Accountants, Mr. Balcombe holds the Chartered Financial Analyst designation awarded by the CFA Institute and is an Accredited Senior Appraiser in Business Valuation through the American Society of Appraisers. He is one of the Panel of Experts that writes for, and is recognized by, the Financial Valuation and Litigation Expert journal, a periodical that publishes technical valuation and litigation consulting topics and is referenced by those in his profession. Additionally, Mr. Balcombe has given presentations involving valuation and litigation, including continuing legal education events, and is a published author. He coauthored the Financial Valuation: Applications and Models (FVAM), fourth edition, April 2017, and is a contributing author to the FVAM, third edition, April 2011. At the request of the European Parliament Committee on Economic and Monetary Affairs, he coauthored the study "Financial Supervision and Regulation in the US: Dodd-Frank Reform," December 2018.

Mr. Balcombe was the founder and president of Blue Sky Billboards LP, which became one of the fastest-growing outdoor advertising companies in Oklahoma from 2005 through 2011. He led the sale of Blue Sky to a private equity group after a sale process involving multiple bidders. Before joining BVA, Mr. Balcombe was cofounder and chief financial officer of a software company where he was the coinventor on a patent and was involved in raising significant private capital. Mr. Balcombe was previously with Ernst and Young LLP as an audit professional and a financial advisory consultant, as well as a financial advisory consultant at another firm providing services similar to BVA.

Mr. Balcombe received a master in professional accounting and bachelor of business administration from the University of Texas, where he graduated with honors. He is a member of the American Institute of Certified Public Accountants (Forensic and Valuation Services Section), CFA Institute, Texas Society of CPAs, American Society of Appraisers, and the American Bankruptcy Institute.

In addition to his role at BVA, Mr. Balcombe is a member of the board of directors of Nimbic Systems, Inc., a Houston-based, private-equity-backed medical technology company, and is an advisor to a blockchain/cryptocurrency fund. Mr. Balcombe is involved in his church as well as charitable causes. He has been married since 1995 and has three children.

*Although BVA employs CPAs, it is not a CPA firm.


Expert Commentary

Date Article
May 2019 Reinsurance Valuation Trends
Mar 2019 The M&A Market for P&C Insurers: 2019
Nov 2018 2018 Life Insurance Company Valuations and Interest Rates
Aug 2018 2018 Energy Insurance Market Conditions
May 2018 2018 Trends in the Valuation of Agents and Brokers
Mar 2018 Acquisitions? Assess the Cost of Noncompetition Agreements
Nov 2017 Recent Trends in Health Insurer Valuation: 2017
Aug 2017 The M&A Market for P&C Insurers: 2017
Jun 2017 Breaches of Noncompetition and Nonsolicitation Agreements
Feb 2017 2017 Life Insurance Company Valuations and Interest Rates
Nov 2016 Energy Insurance Market Conditions Update
Aug 2016 Valuation of Reinsurers 2016
Jun 2016 Recent Trends in the Valuation of Agents and Brokers
Mar 2016 The M&A Market for P&C Insurers: 2016
Nov 2015 Recent Trends in Health Insurer Valuation
Aug 2015 Valuation of Life Insurers: 2015
May 2015 Trends in Energy Insurance and the Impact of Falling Oil Prices
Feb 2015 Earn-Outs in Insurance Industry Merger and Acquisition Transactions
Nov 2014 2014 Valuation of Reinsurers
Aug 2014 2014 Agent and Broker Valuation Trends
May 2014 The M&A Market for P&C Insurers
Feb 2014 2014 P&C Insurer Valuation Outlook
Nov 2013 Assessing Insurance Customer Relationships
Aug 2013 Valuation of Life Insurers: 2013
May 2013 Valuation of Health Insurers: 2013
Feb 2013 Valuation of Reinsurers: 2013
Nov 2012 2012 P&C Insurer Valuation Outlook
Aug 2012 2012 Mergers and Acquisitions Valuation Outlook
May 2012 Agents and Brokers Look Abroad for Expansion
Feb 2012 2012: Commercial Insurer Growth Remains Uncertain
Nov 2011 Recent Trends in the Valuation of Health Insurers
Aug 2011 Life Insurance Company Valuations and Interest Rates
May 2011 Impact of Hard Market Expectations on Agency and Broker Value
Mar 2011 Valuation of Reinsurers: 2011
Dec 2010 Mergers and Acquisitions Market for Property and Casualty Insurers
Aug 2010 Impact of Healthcare Legislation on Health Insurance Companies
May 2010 The Value of Insurance Customer Relationships or Policies
Feb 2010 Growth and Uncertainty in P&C Insurer Valuation
Nov 2009 Insurance Agency/Broker Valuations Remain Uncertain
Aug 2009 Recent Trends in Valuation of P&C Insurers: 2009
May 2009 Valuation Insights: TARP and Insurers
Mar 2009 2009 Health and Life Insurance Trends
Nov 2008 Credit Crisis and Insurance Companies
Aug 2008 Insurance Industry Valuation Insights: Recent Trends 2008
May 2008 Insurance Valuation Insights: Reinsurers
Mar 2008 Valuation Insights: Health and Life Insurers
Nov 2007 Property/Casualty Insurer Valuation Insights
Aug 2007 Valuation Insights: Insurance Agencies and Brokers
May 2007 Financial Institution Acquisitions of Insurance Agency Platforms
AgriCon-ad
PLP White Paper sidebar
User ID: Subscriber Status:Free