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 based in the U.K., Karen will continue to participate in AIRROC’s runoff events. As a founding board member, Karen saw the organization grow in size and importance to the runoff industry.
Here are Karen’s parting comments about her tenure:
Being a member of AIRROC gives companies (especially those located outside the U.S. such as Resolute) a one-stop forum during the year to meet and discuss issues with representatives of other companies at one venue. Participating on the Board gives board members the opportunity to go the extra step, meet, and work with others. Consequently, you get to know people in a non-work environment and deepen relationships. Perhaps I am becoming ‘old hat’ when I say it is those relationships that can assist hugely in facilitating communications between companies. That has certainly been my experience. Resolute has managed to resolve many issues outside the legal environment and to conclude many commutations through our AIRROC involvement.
As a future goal, AIRROC would benefit from staying abreast of new challenges facing the re/insurance marketplace and to finding ways to broaden the membership by attracting newer companies seeking this conduit as well as by attracting youth to join and participate. Finally, I urge AIRROC to continue to grow the vision of buying/selling portfolios.
Karen’s distinguished years of service cannot be understated as evidenced by remarks from her colleagues who will miss her presence and her guiding hand on the Board:
Karen Amos is a consummate insurance and reinsurance professional who brings her A-game to everything with which she is involved. I was privileged to get to know her over this last decade through my involvement with AIRROC’s Board of Directors. She was one of the wonderful role models from whom I learned to be a strong contributing member of the Board. Karen’s positive energy, expertise in educational programing, and classy presence is sorely missed by all; but, our mutual love of shoes and occasional shopping sprees are what I will miss most!
Leah Spivey, Head of Businesss Run-Off Operations, Munich Reinsurance America
Immediate Past Chair of the AIRROC Board of Directors from 2015-2018
Given that AIRROC not only serves a diverse group of members, but members’ employees at all levels, it is a thankless task to create an educational curriculum to please all. However, in the years that Karen Amos has served on the Education Committee, she has worked to do just that. Karen has consistently provided the committee with ideas for education panels that are interesting and informative to the widest audience possible. She has always kept our members, and their employees, front and center as we put together education days that people will find worth the commitment to travel and taking a day out of the office. Her vast industry experience and network has been an asset to the committee. In the instances where we have been a little slow to bring an event together, Karen is the first to jump into the fray to make it happen. She also has had an ability to balance the wants and needs of our sponsors and members alike. To the extent that our members and their employees have learned, or been challenged by, any of the content presented during an AIRROC Education Day, they have Karen to thank. It is with sincere gratitude that the Education Committee recognizes Karen’s commitment to AIRROC and the committee for her years of service.
Marcus Doran, Chief Operating Officer, Armour Risk Management, Inc.
Served as Education Committee Co-Chair with Karen
Karen was among the founding board members of AIRROC and her tenure continued for 14 years. She was one of the early driving forces that brought the organization to its current height. For a very long time, she was co-chair of the education committee. Karen was instrumental in helping to provide the quality and diverse education programs that have become a hallmark of AIRROC. Her wit and enthusiasm for the organization was unrivaled. I was fortunate enough to participate in several panel discussions with Karen. It was always a pleasure to work alongside her. She brought out the best in everyone she was around. Her resignation from both the board and education committee after so many years at the helm, leaves a gaping hole to be filled. She will be sorely missed!
Marianne Petillo, President, ROM Re
Founding Board member of AIRROC. Currently serves as Treasurer. AIRROC Board Co-Vice Chair from 2011-2012 and Co-Chair from 2013-2015
Karen has dedicated countless hours to the AIRROC Education Committee. She was always determined to find the most relevant topics and energetic speakers. Her contributions always included refining the topic for presentation, organizing varied perspectives and bringing a fresh, global view to issues impacting Runoff. AIRROC acknowledges Karen’s contributions to its successful education program work as well as her work as a board member.
Katherine Barker, Principal KB Consulting LLC
AIRROC Board Co-Vice Chair from 2011-2012 and Co-Chair from 2013-2015
Refer to page 22 in the Spring 2019 issue for article. https://www.airroc.org/assets/docs/matters/AIRROC-MATTERS-Spring-2019-Vol-15-No-1.pdf