The insurance industry is often seen as a realm of numbers and policies, but behind every successful insurance professional is often a surprising journey. To shed light on these inspiring stories, AIRROC NextGen launched a new video series titled: "NextGen Asks: How Did You Get Your Start in Runoff/Legacy?" This series delves into the careers of new and seasoned insurance … [Read more...] about NextGen Council Corner
People On The Move
Augment Risk hires legacy expert Paul Corver as Advisor
Reinsurance broker Augment Risk has announced that Paul Corver, formerly of R&Q Insurance Holdings (R&Q), will join the firm as an Advisor. Corver brings deep experience and insights in the reinsurance industry to the broker as it looks to strengthen its legacy build-out. He retired from his position as Group Head of Legacy M&A at R&Q in April 2023. He was … [Read more...] about Augment Risk hires legacy expert Paul Corver as Advisor
NextGen Council Corner
AIRROC NextGen is pleased to announce its 2024 council and committee members. The NextGen Council and its Education, Social, Digital Content and Award committees are a cornerstone of AIRROC's commitment to nurturing young insurance professionals and providing members with invaluable opportunities for leadership, networking, and contributing fresh perspectives to the run-off … [Read more...] about NextGen Council Corner
Compre hires CEO, North America
Compre, the international specialist legacy group, today announces the appointment of David Presley to the newly created role of Chief Executive Officer, North America. Presley, who will also join Compre’s executive committee, will join Compre at the end of April and be based in Kansas City, Missouri reporting to Group Chief Executive Officer, Will Bridger. With … [Read more...] about Compre hires CEO, North America
Legacy Link: Meet Bill Goldsmith
The brilliant answer that Bill Goldsmith gave to one of my favorite question for legacy link subjects was: “The Boy Scout Handbook.” And the question was…“What is your favorite business or leadership book?” The core principles of the Boy Scouts include teaching, mentoring, and the development of leadership skills. These same principles are what Bill finds most rewarding … [Read more...] about Legacy Link: Meet Bill Goldsmith
Ann Field of Willis Re Featured as Notable Women in Reinsurance
Women in Reinsurance Profile Ann Field of Willis Re. Read the full article here - https://view.joomag.com/women-in-reinsurance-2019/0469459001575410789/p2?short … [Read more...] about Ann Field of Willis Re Featured as Notable Women in Reinsurance
David Scasbrook Named AIRROC Person of the Year for 2019
New Jersey, October 21, 2019 The Association of Insurance and Reinsurance Run-Off Companies (AIRROC) has posthumously named David Scasbrook as the winner of the 2019 Person of the Year award. 2019 marks the 15th year that AIRROC has bestowed this annual award. The award was announced on October 21 at AIRROC’s 15th Annual Forum in Jersey City, NJ. This award is … [Read more...] about David Scasbrook Named AIRROC Person of the Year for 2019
Karen Amos, “Outgoing” Board Member
After serving on AIRROC’s board for 14 years, most recently as Chair of the Education Committee, Karen Amos stepped down effective January 1, 2019. Resolute nominated Arvind Krishnamurthy to run for Karen’s spot, and the AIRROC membership elected him in the October 2018 election cycle for a three-year term. As Chief Operating Officer of Resolute Management Services Limited … [Read more...] about Karen Amos, “Outgoing” Board Member
Grabbing the Baton: Meet the New AIRROC Board Members 2019
AIRROC continues to attract talented, experienced, and committed members to serve on its board. Please join us in welcoming Eleni Iacovides, Arvind Krishnamurthy, and Bill Bouvier as the newest members. To encourage our readers to get to know each of them better, we include a “conversational gambit” about each. Eleni Iacovides, Group Chief Client Officer at DARAG Group Ltd., … [Read more...] about Grabbing the Baton: Meet the New AIRROC Board Members 2019
Interview of Thomas Workman
Fran Semaya and Fred Pomerantz, members of the AIRROC Publication Committee, had the pleasure of interviewing Thomas E. Workman for an AIRROC Matters exclusive. Tom, with over four decades of insurance background, was appointed as the Independent Member of the Financial Stability Oversight Council (FSOC), for a term of six years on March 29, 2018 after nomination by President … [Read more...] about Interview of Thomas Workman
AIRROC Congratulates Kayla Cecchine: Recipient of the 2018 Trish Getty Scholarship
AIRROC is pleased for the 7th year to have presented the Trish Getty Scholarship to a very deserving student. This year’s award recipient is Kayla Cecchine, who will graduate in May 2020 from Saint Joseph’s University in Philadelphia, PA. She is pursuing a double major in Risk Management Insurance and Business Intelligence and Analytics. In presenting the scholarship, AIRROC … [Read more...] about AIRROC Congratulates Kayla Cecchine: Recipient of the 2018 Trish Getty Scholarship
Luann Petrellis: AIRROC Person of the Year 2018
Luann Petrellis may be relatively new to the AIRROC network, but her experience in managing run-off portfolios and her most recent work on legislative reform efforts to support restructuring have fueled her rapid ascension into the AIRROC panoply of stars: The AIRROC Person of the Year Award of 2018. She joins past winners: Stephen Johnson (2017), William Flaherty (2016), The … [Read more...] about Luann Petrellis: AIRROC Person of the Year 2018
Legacy Link: William Teich
With this edition, we are introducing Legacy Link, a new look and perspective that will replace our prior Spotlight column. In Legacy Link, we will highlight the personal side of the business. We hope to give our members a chance to connect by sharing professional experiences, hobbies and ideas that further our networking initiatives, and build our community of runoff claims … [Read more...] about Legacy Link: William Teich
IRLA Legacy Roundtable
AIRROC’s Carolyn Fahey participated in The Insurance Insider Roundtable with other prominent players in the legacy market. It was held in May, 2018, during the annual IRLA Congress in Brighton, England. The Roundtable was a spirited and enlightening discussion on the current optimism in the legacy market, the impact of Brexit, and the overall outlook and trends for the legacy … [Read more...] about IRLA Legacy Roundtable
AIRROC Awards Trish Getty Scholarship
AIRROC presented the Trish Getty Scholarship to two very deserving St. Joseph’s University students. The 6th Annual award recipients are Ashley Myers and Samantha String, who are both juniors majoring in Risk Management and Insurance. The selection committee had a difficult time choosing between the two candidates so decided to split the scholarship for the first time in its … [Read more...] about AIRROC Awards Trish Getty Scholarship
Paul Corver, R&Q the “IRLA” of Run Off
Please tell our readers about your work history and lessons you have learned. Having worked in insurance for 32 years, of which the last 27 years has been in the run-off sector, I learned at an early stage that run-off was an exciting place to be. The innovation and determination of practitioners to find a solution or manage a problem keeps the sector fresh and an enjoyable … [Read more...] about Paul Corver, R&Q the “IRLA” of Run Off
Susan Aldridge: Counsel at Chadbourne & Parke and General Counsel of AIRROC
What is not readily discernible about Susan Aldridge is her rich and varied legal career. She began in the white collar criminal group at Fulbright & Jaworski (now Norton Rose Fulbright), and also did pro bono work, principally on child custody cases. When her one-year pro bono sabbatical ended, she was relieved to return to representing large insurance companies fighting … [Read more...] about Susan Aldridge: Counsel at Chadbourne & Parke and General Counsel of AIRROC
AIRROC Person of the Year 2016: Bill Flaherty
Our process of writing a profile of the Person of the Year began, as it always begins, with an interview of our star, Bill Flaherty, and questions that lend themselves to a description of his career. But the storyline of Bill’s career is epitomized by the fact that this interview may be only the second time in his career he has been interviewed. The first was when he entered … [Read more...] about AIRROC Person of the Year 2016: Bill Flaherty
AIRROC Awards Trish Getty Scholarship: 5th Annual Award Recipient Taylor Stack
AIRROC presented the Trish Getty Scholarship to a very deserving Temple University student this year. The 5th Annual award recipient is Taylor Stack, who is a Senior majoring in Risk Management and Insurance. In presenting the honor, Ed Gibney shared some remarks from the namesake of the scholarship, former Executive Director Trish Getty. Although she wasn’t able to be there in … [Read more...] about AIRROC Awards Trish Getty Scholarship: 5th Annual Award Recipient Taylor Stack
Learning about Leah: Head of Business Runoff Operations at Munich Reinsurance America, Inc.
Leah Spivey is the type of person who wanted to put her own stamp on her career, and that philosophy led her to the highest levels of the legacy sector of the reinsurance industry. Leah believes her personality—as a self-described “driver” as well as a “people person”— allows her to simultaneously produce results and build strong client relationships. Leah’s route to the top … [Read more...] about Learning about Leah: Head of Business Runoff Operations at Munich Reinsurance America, Inc.