Craig KorotkoBalboa Life & CasualtyBalboa Life & Casualty consists of two life and three P&C insurers, all wholly owned subsidiaries of Countrywide Credit Industries. As broad as that sounds, Balboa is actually a specialist in several marketplaces. It offers financial institutions insurance programs through four divisions: Life & Credit, Collateral Protection, Property Hazard, and Personal Lines.

Craig Korotko is senior vice president and CIO. He has spent his whole career in the insurance IT arena, specializing in mortgage- and credit-related insurance IT solutions. Prior to joining Balboa, he was instrumental in developing EDI standards while at Safeco Select, the forced-placement division of Safeco. He has worked with and chaired committees and working groups with organizations and standards including X12, MISMO (the Mortgage Industry Standards Maintenance Organization), and ACORD.

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