AIRROC Update

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Reopening Closed Remedial Sites

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VERTEX’s Christopher De Carlo, Senior Technical Advisor, Environmental Insurance and Sandra Gaurin, Vice President, Client Services & Technical Support, along with Scott Davis, Partner at Husch Blackwell led a compelling discussion on “Reopening Closed Remedial Sites” at the 2024 Spring Membership Meeting in New York.  The panel discussed the current legal and regulatory … [Read more...] about Reopening Closed Remedial Sites

A Regulator’s View of IBT’s, Division’s and the 2024 NAIC Priorities 

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Panelists Kathy Belfi, KB Regulatory Solutions (former Director of Financial Regulation, Connecticut Insurance Department), John Finston, Finston Consulting Inc. (former Executive Deputy Superintendent for Insurance, NY DFS), Glen Mulready, Commissioner, Oklahoma Insurance Department and Robert Romano, Partner, Norton Rose Fulbright held a roundtable discussion of the trends … [Read more...] about A Regulator’s View of IBT’s, Division’s and the 2024 NAIC Priorities 

Nuclear Verdicts & Social Inflation: Juror Biases & Trends

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How do you get the attention of 100 people attending the last session on the final day of an AIRROC conference?  Well, this presentation started out with the group watching two brief videos of juries deliberating in advance of rendering their verdict. In both scenarios, audience members were able to hear the jurors discussing their opinions on the deep pockets of corporate … [Read more...] about Nuclear Verdicts & Social Inflation: Juror Biases & Trends

The Use of AI in Workers Compensation Legacy Transactions

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Michael Terelmes, Managing Director-USA, Compre Group, moderated a panel on “The Use of AI in Workers Compensation Legacy Transactions” at the AIRROC Spring Membership Meeting. Panelists included Rooney Gleason, Chief Insurance Officer, Evolution IQ, Travis Grulkowski, Principal & Consulting Actuary, Milliman, and Justin Herring, Partner, Mayer Brown. The panelists … [Read more...] about The Use of AI in Workers Compensation Legacy Transactions

AIRROC Welcomes New Member RiverStone International

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AIRROC extends a warm welcome to new member RiverStone International.  We are delighted to have RiverStone join the AIRROC community and very much look forward to a constructive collaborating with them.  RiverStone brings a wealth of market experience and their membership is highly valued and instrumental as AIRROC continues to expand its international reach.  Jamie Saunders, … [Read more...] about AIRROC Welcomes New Member RiverStone International

AIRROC Continues to Build its Network Welcoming Five New Members

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There is no better way to begin a new year that to welcome five new Members to our community.  AIRROC continues to grow and expand its network because of the value proposition we offer and what each of our Members bring to an organization with a legacy of success!  We are excited and thrilled to welcome Great American Insurance Company, Hannover Re, Augment Risk, EMC Re, and … [Read more...] about AIRROC Continues to Build its Network Welcoming Five New Members

AIRROC Announces New Board Leadership, Officers and Directors for 2024

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AIRROC is pleased to announce the new 2024 leadership of the Board of Directors.  Tom Mendralla (Swiss Re) takes over as Chair with Betsy Mitchell (A.G. Risk Management) and Dawn Ballin (Enstar) as Co-Vice Chairs.  The board supporting officers are Marianne Petillo (ROM), Treasurer, Megan McHugh (Brandywine), Secretary and Susan Aldridge (Norton Rose) as General Counsel.  … [Read more...] about AIRROC Announces New Board Leadership, Officers and Directors for 2024

AIRROC Unveils New Leadership Award Established to Recognize NextGen Professionals

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A well-kept secret was revealed at the 2023 AIRROC Legacy Transactions & Networking Forum this October. AIRROC established a new award that was announced for the first time  - the AIRROC NextGen Leadership Award.  This award acknowledges and celebrates the accomplishments and exemplary leadership of one of the NextGen members that has really made an impact over the course … [Read more...] about AIRROC Unveils New Leadership Award Established to Recognize NextGen Professionals

Getting to Know Paul Brockman, AIRROC 2023 Person of the Year

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AIRROC is proud to announce that it has chosen Paul Brockman, Enstar Group Chief Operating Officer and Chief Claims Officer, as its Person of the Year. This honor is bestowed annually on an individual or team that has made a significant contribution to the run-off industry and who has demonstrated the vision and creativity that make our work a vital part of the insurance … [Read more...] about Getting to Know Paul Brockman, AIRROC 2023 Person of the Year

Actuarial Student Jacob Hayes Awarded the 2023 Trish Getty Scholarship

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AIRROC in conjunction with the NextGen Council was excited to present the 2023 Trish Getty Scholarship to Jacob Hayes during an awards ceremony at the October Legacy Transactions & Networking Forum. Each year since 2012, a $5,000 scholarship has been presented to an exceptional undergraduate student studying insurance, risk management or actuarial science. Students apply … [Read more...] about Actuarial Student Jacob Hayes Awarded the 2023 Trish Getty Scholarship

Paul Brockman named AIRROC “Person of the Year” for 2023

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The Association of Insurance and Reinsurance Run-Off Companies (AIRROC) has selected Paul Brockman, Enstar Group’s Chief Operating Officer and Chief Claims Officer, as the recipient of their annual “Person of the Year” award for 2023. This is the 19th year that AIRROC has bestowed this annual award. The award was announced on October 16 at AIRROC’s annual Legacy Transactions … [Read more...] about Paul Brockman named AIRROC “Person of the Year” for 2023

NextGen Council Corner

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The NextGen Council is excited to launch its latest initiative! September is the kick-off of the AIRROC NextGen #WhatIsLegacy series on LinkedIn. With the goal to spread awareness about the Legacy space and the opportunity it offers, NextGen is featuring comments from Legacy professionals about their own industry. Check out some of the early comments from well-known industry … [Read more...] about NextGen Council Corner

The AIRROC 19TH Annual NJ Legacy Transactions and Networking

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Registration is now Open! AIRROC looks forward to reuniting with our legacy colleagues from Sunday, October 15 through Tuesday October 17, 2023. The legacy sector’s “must attend” event offers many of the highlights we all expect as well as some new additions to the schedule this year. Changes include offering a Mexican Fiesta dinner as our delegates arrive on Sunday, Robert … [Read more...] about The AIRROC 19TH Annual NJ Legacy Transactions and Networking

Where Are They Now? 2019 Trish Getty Scholarship recipient: Melissa Navrot

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Established in 2012, an annual scholarship in honor of Trish Getty, founding Executive Director of AIRROC, is awarded to one exceptional undergraduate student studying insurance, risk management or actuarial science. AIRROC’s NextGen decided to catch up with a few past recipients and highlight where their careers have taken them. Natalie Weedman of the AIRROC NextGen Council … [Read more...] about Where Are They Now? 2019 Trish Getty Scholarship recipient: Melissa Navrot

Meet Our New Board Members

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AIRROC is excited to introduce our newest Board Members and share a little about how they became involved with AIRROC and why they are passionate about the work we are doing for the legacy community.  The AIRROC Board is comprised of a dedicated team of experienced industry leaders that channel their talent and energy into furthering our mission. Please join us in welcoming … [Read more...] about Meet Our New Board Members

AIRROC Adds 5 New Members to Advisory Council

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AIRROC is pleased to announce the addition of 5 new members to its Advisory Council. The AIRROC Advisory Council serves as a critical community and industry champion of AIRROC. Members of the Advisory Council share their talents in service to the organization’s mission and vision by offering expertise; bringing a diverse knowledge of constituent perspectives; providing their … [Read more...] about AIRROC Adds 5 New Members to Advisory Council

AIRROC Welcomes Director of the Illinois Department of Insurance as Keynote Speaker

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One of the highlights of AIRROC’s Chicago Regional Education Day was the keynote address by Dana Popish Severinghaus, Director of the Illinois Department of Insurance.  Director Popish Severinghaus has served since January 2021 and brings extensive legal, policy, government relations and insurance industry-related experience to her role heading a state regulatory agency. A … [Read more...] about AIRROC Welcomes Director of the Illinois Department of Insurance as Keynote Speaker

New AIRROC Regulatory Committee Focuses on Educating Regulators on Runoff

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AIRROC’s Regulatory Committee was established in early 2023 and is co-chaired by two of the AIRROC Board members, Tom Mendralla of Swiss Re and Chris Reichow of R&Q Insurance Holdings, Ltd. The Regulatory Committee has 18 members – a number of which are former regulators.  The focus of the group is to support AIRROC on NAIC and other regulatory activities. As a non-profit … [Read more...] about New AIRROC Regulatory Committee Focuses on Educating Regulators on Runoff

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