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Results of the Q3 2021 Insurance Labor Outlook Study: Employment Growth Amid a Difficult Recruiting Market

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As we move through the second half of 2021, insurers’ employment outlooks remain strong. Our recent Q3 2021 Insurance Labor Outlook Study, conducted in partnership with Aon plc, found 93% of insurers plan to increase or maintain their headcounts in the next 12 months. Now in its 25th iteration, the semi-annual study collects and examines data on insurance industry hiring, as … [Read more...] about Results of the Q3 2021 Insurance Labor Outlook Study: Employment Growth Amid a Difficult Recruiting Market

Exit Interview with NAIC President Raymond G. Farmer South Carolina Director of Insurance

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It is a beautiful South Carolina fall afternoon, and the Director of Insurance, Ray Farmer, settles into his office to reflect on the remaining months of his term as President of the National Association of Insurance Commissioners (“NAIC”), which he had assumed on January 1, 2020.  I asked Director Farmer how the year has been, and after a long sigh and roll of his eyes, he … [Read more...] about Exit Interview with NAIC President Raymond G. Farmer South Carolina Director of Insurance

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

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

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

Survey of the Current Insurance Labor Market

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AIRROC corporate partner AON in partnership with the Jacobson Group is conducting their Semi-Annual Insurance Labor Market Study now through July 31, 2020. This survey has offered  valuable labor insights and has  become an accurate predictor of the industry’s staffing outlook. We invite you to take the survey which will take no longer than five minutes to complete. All … [Read more...] about Survey of the Current Insurance Labor Market

Message from Carolyn Fahey, AIRROC’s Executive Director

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I hope that you are all keeping safe and well in these challenging and unprecedented times. As you may expect, lots of events and initiatives we had planned have been impacted given the circumstances.  You can keep up to date on the status of our programs on our website. A few items to note include the cancellation of the June 1 Chicago Regional and the July 14-15 … [Read more...] about Message from Carolyn Fahey, AIRROC’s Executive Director

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

AIRROC Congratulates Joe Angelina and Melissa Navrot – Recipients of the 2019 Trish Getty Scholarship

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AIRROC is please to present the 8th Annual Trish Getty Scholarship to two very deserving St. Joseph University students, Joseph Angelina and Melissa Navrot.  AIRROC presented the Trish Getty Scholarship to two very deserving St. Joseph University students this year.  The scholarship was founded to honor the contributions of AIRROC’s first Executive Director.  … [Read more...] about AIRROC Congratulates Joe Angelina and Melissa Navrot – Recipients of the 2019 Trish Getty Scholarship

David Scasbrook Named AIRROC Person of the Year for 2019

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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

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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

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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

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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

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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

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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

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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

AIRROC Awards Trish Getty Scholarship

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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

AIRROC Person of the Year 2017 – Stephen J. Johnson

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Stephen Johnson exemplified the attributes that earned him this award by beginning his acceptance speech with praise for this year’s recipients of the Trish Getty Scholarship award. He led an enthusiastic round of applause for Ashley Myers and Samantha String (both students at Saint Joseph’s University) and the prospect of a future in the insurance business that includes such … [Read more...] about AIRROC Person of the Year 2017 – Stephen J. Johnson

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