AIRROC Update

Insurance & Reinsurance News

Event Summaries

The Scope of an Arbitration Panel’s Authority

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Raymond Mastrangelo, a Partner with Mound Cotton Wollan Greengrass LLP, moderated a panel discussion with three of the insurance and reinsurance arbitration community’s most experienced and respected arbitrators:  Susan Claflin, Claflin Consulting Services LLC, Ann Field, Senior Managing Director of Client Services, Aon, and Howard Page, HR Page Consulting LLP.  The panel topic … [Read more...] about The Scope of an Arbitration Panel’s Authority

A Look at the Legal Landscape

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The education sessions of the 2021 Summer Membership Meeting began with “A Look at the Legal Landscape” of COVID-19 Business Interruption (“BI”) claims, presented by John O’Bryan, Partner, Freeborn & Peters, Michael Merlo, Executive Vice President and Chief Counsel, Aon, and Kay E. Wilde, Director of Reinsurance Assumed Claims, Allstate Insurance Company.  The panel treated … [Read more...] about A Look at the Legal Landscape

Under the Radar Potential Game Changers: Were you aware of these??

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The second session of the 4th annual Runoff Deal Market Forum focused on some of the less obvious legal, regulatory and NAIC developments that will likely impact the runoff deal landscape.  The esteemed panel included Mayer Brown partner Larry Hamilton who heads the firm’s US Insurance Regulatory & Enforcement group, James Mills, Vice President and Legal Counsel of Enstar … [Read more...] about Under the Radar Potential Game Changers: Were you aware of these??

Embedding Racial Equity in the Insurance Industry

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On April 21, 2021, AIRROC was thrilled to host a webinar during which a panel of experts in the field of diversity, equity and inclusion (“DEI”) convened for a frank discussion on racial equity in the insurance industry.  The panelists were: Brett Carter, MBA, a Managing Director for The Jacobson Group's executive search team, where he manages C-Level, vice president and … [Read more...] about Embedding Racial Equity in the Insurance Industry

Opioids – Why this Still Needs our Attention

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In a thorough overview of the current landscape of Opioid litigation, the final panel of the AIRROC Spring Membership Meeting presented a compelling view of why the liability trends and coverage issues involved in this litigation are expanding the scope and theories of exposure extend beyond opioid claims; it also highlighted the unique impact of opioid use on workers’ … [Read more...] about Opioids – Why this Still Needs our Attention

The Non-InsurTechs – How Technology Focused InsurTechs Are Changing the Face of the Industry Without Selling a Single Policy

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The 2021 AIRROC Spring Meeting was kicked off by the rise of the InsurTechs presentation given by Brian T. Casey and Benjamin P. Sykes of Locke Lord LLP, Cole Winans of Flyreel and Brent Williams of Benekiva. Many of the InsurTechs making headlines today are directly involved in one or more of the traditional segments of the insurance industry – selling, adjusting or … [Read more...] about The Non-InsurTechs – How Technology Focused InsurTechs Are Changing the Face of the Industry Without Selling a Single Policy

Market Capacity – What Does it Mean for the Legacy Market?

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The Panelists for the first education session of day two of our virtual Spring Membership Meeting included Michelle Harnick, Managing Director, Guy Carpenter David Luce, Partner, DLA Piper and Ed Torres, Executive Vice President, Willis Towers Watson.  AIRROC Executive Director Carolyn Fahey who served as moderator facilitated the discussion.  Michelle kicked off the … [Read more...] about Market Capacity – What Does it Mean for the Legacy Market?

Creating Value in Runoff through Collaboration with Insurtech

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In 2020 over $7 billion was invested globally in insurtechs as cited by Paul Chen, Partner at Mayer Brown, who moderated the educational session, “Creating Value in Runoff through Collaboration with Insurtechs.”  Fellow Mayer Brown partner Stephanie Duchene joined the panel along with Nick Daley of Plug and Play, Nicos Vekiaridies of Attestiv and Andrew Naoum of EvolutionIQ. … [Read more...] about Creating Value in Runoff through Collaboration with Insurtech

AIRROC Awards Trish Getty Scholarship 9th Annual Award Recipient Ashley Martin

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AIRROC awarded it’s annual Trish Getty Scholarship to Ashley Martin, a junior with a double major in Risk Management and Accounting at Saint Joseph’s University in Philadelphia. In a first for AIRROC, the award was presented virtually by Executive Director Carolyn Fahey and while Ms. Martin could not participate in the live stream, she graciously thanked AIRROC in a … [Read more...] about AIRROC Awards Trish Getty Scholarship 9th Annual Award Recipient Ashley Martin

Insurance in the Working from Home Age

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The Jacobson Group’s Judy Busby, Senior Vice President, and Brett Carter, Managing Director, hosted this insightful session. They addressed the current state of the insurance industry’s labor market and the multi-generational makeup of its workforce.  The presentation was followed by a panel discussion moderated by Judy Busby, featuring a multi-generational panel of … [Read more...] about Insurance in the Working from Home Age

AIRROC Person of the Year 2020: Paul Corver, Group Head of M&A Randall & Quilter

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One key highlight of the AIRROC annual Transactions & Networking Forum is the presentation of the Person of the Year Award.  The award gives our band of brethren a chance to acknowledge and celebrate the vision, energy, and leadership of those in our business who play a key role in influencing our work and how the investment community perceives the value of our work.   This … [Read more...] about AIRROC Person of the Year 2020: Paul Corver, Group Head of M&A Randall & Quilter

The CFO Perspective

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Day 1 of our October 2020 meeting saw Scott Maries - CFO of Premia Re, Simon Hawkins – former CFO of Compre, and John Regan – CFO of Swiss Re of America, put on a presentation, moderated by Kelly Superczynski – Aon’s Head of Capital Advisory.  The discussion covered everything from legacy balance sheet and reporting matters, to raising capital, and the pace and trends in the … [Read more...] about The CFO Perspective

Insights on Legacy in 2020

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The Panelists for the first education session of our virtual Transactions & Networking Forum included: Paul Corver, Group Head of M&A, R&Q, Marcus Doran, EVP, Group Complex Claims Officer, Armour Risk Management (Moderator), Paul Ginnett, CEO, Allianz Reinsurance America, Inc., Linda Johnson, Head of Legacy Practice, TigerRisk and Matt Kunish, Chief Business … [Read more...] about Insights on Legacy in 2020

AIRROC Kicks Off 2020 Virtual Forum – A New Look at Legacy

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AIRROC kicked off its first virtual conference with a welcome and introduction from our Executive Director, Carolyn Fahey.  Carolyn spoke about the resiliency she has seen in our organization, and in our industry, during the past 6 months, culminating in the decision to go forward with our premier annual event in a new and exciting format.  After a thank you to the Board of … [Read more...] about AIRROC Kicks Off 2020 Virtual Forum – A New Look at Legacy

Tips on How to Settle a Workers’ Compensation Claim

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This will be the first in a series of brief articles by Greg Gitter with Legacy Claims Solutions; roughly based on the presentations he has given at AIRROC events, the articles portray the stories he uses to illustrate techniques he has developed to assist companies in resolving “old dog” workers' compensation exposures. The claimant’s wife is clearly not happy.  … [Read more...] about Tips on How to Settle a Workers’ Compensation Claim

Why Should an Entity Cede WC Retentions?

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Our Panel of national experts explored the current marketplace for transferring WC liabilities and the competitive pressures that are driving an interest in loss portfolio transfers.  Swiss Re’s Ethan Vaughan moderated the opening educational session, “Why Should an Entity Cede WC Retentions?”, which explored the current marketplace for transferring WC liabilities and … [Read more...] about Why Should an Entity Cede WC Retentions?

The Revolution in Analysis of Cancer Causation and Genomics Liability

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Genes or the environment? Advances in genomics science provide a new legal framework for a genetic defense to toxic tort claims.   Legacy (re)insurers holding or acquiring toxic tort liabilities may be relying too heavily on outdated legal strategies to defend their policyholders. In our view, millions (perhaps billions) of dollars might be saved if reinsurers … [Read more...] about The Revolution in Analysis of Cancer Causation and Genomics Liability

AIRROC Person of the Year: David Scasbrook

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AIRROC is honored to remember David Scasbrook of Swiss Re with Person of the Year Award. A fitting tribute to an industry giant who will be very missed. Don't count the days, make the days count. ― Muhammad Ali It is with profound sadness and deepest respect that the AIRROC community remembered and honored David Scasbrook at this year’s 15th Annual AIRROC NJ Legacy … [Read more...] about AIRROC Person of the Year: David Scasbrook

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