Michael Todd Scott

Michael T. Scott is an attorney and member at Allison & Mosby-Scott. Michael’s practice areas include business and commercial law; business organization and transactions; mergers and acquisitions; estate planning; healthcare; crop insurance; and captive insurance company taxation, formation and regulation. Michael also serves as President of Allison & Mosby-Scott Risk Management, the firm’s risk management consulting practice. Michael leverages his 29 years of legal experience and his unique skills as a strategic thinker and problem solver to help clients solve complex legal issues and to achieve their strategic goals.

Michael has served as VP & Associate General Counsel, Insurance & Litigation at Farmer's Business Network where he provided legal counsel, guidance and oversight of all areas of the Company’s insurance and risk management programs. Michael also spent 15 years as Vice President, Insurance & Risk Management at Archer Daniels Midland Company (ADM) and President and General Counsel of Agrinational Insurance Company, the captive insurance company of ADM. Under his leadership Agrinational became one of the most admired captive insurance companies in the world. Agrinational was named the 2012 Captive Insurance Company Association Outstanding Captive award winner as well as the 2012 World Captive Forum Award of Excellence winner. Agrinational was also one of the first companies to receive Department of Labor approval to reinsure US employee benefits.

Michael also has extensive experience in business formation, mergers and acquisitions and regulation. He oversaw the acquisition of a crop insurance MGA, its growth to $550 million of gross written premium, and ultimately its sale for a gain of $120 million. He was also responsible for the formation and operation of an Illinois captive insurance subsidiary and the acquisition and operation of an Arizona insurer licensed in 42 states.

Michael is a frequent speaker on risk management, insurance, and captives and is a published author who has served on many boards. He is a faculty member of the National Alliance for Insurance Education, he served as a Director and member of the Audit Committee of United Insurance Company, a Cayman Island insurer, served on the Chubb and Swiss Re Client Advisory Panels and served as a Director for the Captive Insurance Companies Association. He has also served in leadership roles at the American and Illinois State Bar Associations.

Prior to his time at ADM, Michael served as a corporate attorney for State Farm Insurance Companies in Bloomington, Illinois. In addition to being licensed to practice law in the States of Illinois and Vermont, Michael holds the CPA, CRM, CPCU, CLU, ChFC, FLMI, ARM, ARC, AIC, AMIM, ARe, AIAF, AU, and CGMA designations. He is also a member of the Lawyers of Distinction and has been recognized as the Top 100 in business law by the Association of American Trial Lawyers. He is a graduate of the University of Illinois and Southern Illinois University School of Law.

Michael and his wife Michelle have three children and live in Bloomington, IL. Michael enjoys golf, sports, and travel.