William T. ("Bill") Budde

William T. ("Bill") Budde


Dynamic leader for changing times; CXO responsible for tangible results from the utilization of technology and globalized business process delivery; Problem-solver, focused on balancing operational risks and results; Entrepeneur, with the skills and experience to leverage new opportunities and to turn vision into action; deep experience across all lines of insurance and group benefit administration, including Property & Casualty, Life & Accident, Health & Welfare, and Reinsurance.

Work History

Work History
Nov 2006 - Present

President & CEO

Silhouette Management Services, LLC

Established global consulting process to support clients' efforts to modernize, globalize and optimize operations, with a focus on management and delivery of necessary skills on demand:

  • Created Searchlight People companies to provide a "Web 2.0" answer to dynamic staffing and talent management; implemeted a complete framework for engagement management, project finance and surety, human resource management.
  • Created The Guild of Information Technologists to act as a clearinghouse for application services contracts on a fixed price basis.
  • Currently focused on execution of a Platform-as-a-Service (PaaS) model to convert and re-publish legacy software platforms to leverage "rent for use" delivery through the internet; creates an opportunity for small to medium sized publishers of software to refactor their applications for distribution in the "Web 2.0" marketplace.

Clients include Global Software brands focused on Financial Services, Insurance and Reinsurance brands who have requested advisory services to assist in the globalization of their internal operations for reduced cost and improved agility.

Apr 2004 - Oct 2006

Senior VP, Global Business Unit Head


Full P&L responsibility for Insurance business of the company, which included some of the largest global brands for property and casualty, life and health, and benefits administration services.

  • Established a Professional Services practice focused on business optimization and process improvement; generated 10:1 in added revenue for the company.
  • Implemented strategic planning and execution platform to improve earnings, and to manage inventory of required business skills; utilization and productivity rates were benchmark for the company.
  • Expanded and calibrated the sales team to focus on mixed sales of service lines, including application services, infrastructure services, business process services and professional services; reduced cost of sales by 20%, and improved penetration of sales for existing accounts by 50% for the company.
  • Coordinated sales and services delivery across the regional centers to support and integrate services for global insurance customers; increased customer satisfaction and reduced internal friction points.
  • Grew revenue by 30% compounded, improved margins and diversified business relationships and strategic alliances.
Mar 1998 - Apr 2004

VP, Global Practices Leader for Insurance Markets


Shared P&L responsibility for the growth and results of the Insurance segment of the company, with focused attention on communication at Executive (Cxo) levels of clients regarding the value of services, management of the insurance professional practice, and integration of the company product portfolio for pragmatic marketing to new clients.

  • Executed $2 billion in new contract sales to new customers.
  • Improved customer satisfaction and reduced turnover in existing contracts.
  • Re-established the company brand in an under-served sector of the marketplace, and established a global marketing awareness campaign for a diverse portfolio of products and services delivered under multiple brand names (e.g., A.T. Kearney, EDS, SOLCORP, etc.).
  • Managed through tricky contractual situations during periods of high growth for the company.

For additional background and information about my work history, please download my CV (which is attached to this profile).