Executive Vice President, Strategy & Business Development, Texas Ministry Market
Tim LaFrey oversees the Hospital, Clinical Enterprise and Insurance Services divisions. Before assuming this role, he was senior vice president of Seton Ventures and Alliances for two years. His responsibilities included evaluation and development of joint venture opportunities and strategic alliances and oversight of physician management services operations. Tim also chairs the Seton Insurance Services Board and the Seton Health Plan Board.
Tim served on the Seton Board of Trustees for more than five years before joining the organization. During his tenure on the board, he chaired the Finance and Audit Committees and was a member of the Executive Committee. He currently serves on the Seton Board of Trustees in an ex-officio capacity and is a member of the Finance Committee.
From 2007 to 2011, Tim served as president and was a member of the Board of Directors of American Physicians Service Group Inc., a publicly-traded insurance and financial services company offering medical professional liability products and services, as well as investment banking, brokerage and portfolio management services to institutions and high net worth individuals. During his tenure, the company was recognized by Forbes and Fortune magazines as one of the country’s fastest-growing public companies.
Prior to that, Tim practiced law for 21 years, the last 10 with the international law firm Akin Gump Strauss Hauer & Feld, where he served as partner-in-charge of the Austin office, chaired the firm’s Business Transactions Department and was a member of the firm-wide Business Transactions Department Steering Committee. He also was firm-wide head of its health care corporate transactions practice group.
From 1986 to 1997, Tim was an attorney in the Austin office of Small, Craig & Werkenthin, PC, and was a member of the firm’s Board of Directors from 1994 to 1996. Legal practice at both firms focused on corporate finance, securities and business law, including public offerings, securities law compliance, corporate governance issues, and mergers and acquisitions.
He is also a certified public accountant and spent the first six years of his professional career in the audit practice of KPMG Peat Marwick.
Tim received his BBA in Accounting from Texas A&I University and his law degree from The University of Texas School of Law. He has served in leadership positions with numerous civic, charitable and professional organizations, including the Travis County Bar Association, Texas Society of CPAs, Greater Austin Chamber of Commerce, United Way Capital Area, Austin Theatre Alliance, University of Texas IC2 Institute and Austin Parks Foundation.