Layla Trummer and Natalie Weedman were named co-recipients of this year’s AIRROC NextGen Leadership Award at the 2024 AIRROC Legacy Transactions & Networking Forum. Layla Trummer is a Senior Underwriter at Allianz Reinsurance America, Inc. She has been an active member of AIRROC NextGen for two years and currently serves as the Co-Chair of the NextGen Council. Within mere … [Read more...] about AIRROC Reveals 2024 NextGen Leadership Award Winners
People on the Move
AIRROC 2024 Person of the Year
Knowledgeable, personable, creative, authentic. That's how colleagues describe Marty Rosemann, Global Head of Transaction and Legacy Management at Swiss Re and recipient of the 2024 AIRROC 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 … [Read more...] about AIRROC 2024 Person of the Year
NextGen Council Corner
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
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
AIRROC Unveils New Leadership Award Established to Recognize NextGen Professionals
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
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
Paul Brockman named AIRROC “Person of the Year” for 2023
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
Where Are They Now? 2019 Trish Getty Scholarship recipient: Melissa Navrot
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
Where Are They Now? 2020 Trish Getty Scholarship recipient: Ashley Martin
This is the second installment of the "Where Are They Now?" series that reunites with past recipients of the Trish Getty Scholarship to find out where their careers have taken them. Established in 2012, the Scholarship is an annual monetary award in honor of the founding Executive Director of AIRROC. The Scholarship is awarded to an undergraduate student studying insurance, … [Read more...] about Where Are They Now? 2020 Trish Getty Scholarship recipient: Ashley Martin
Where Are They Now? 2017 Trish Getty Scholarship recipient: Samantha String
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. After presenting the award to our newest recipient Lori-Ann Knight at the October 2022 AIRROC Conference, we wanted to catch up with a few prior recipients. … [Read more...] about Where Are They Now? 2017 Trish Getty Scholarship recipient: Samantha String
Fortitude Re named AIRROC “Team of the Year” for 2022
Each Year at its Legacy Transactions and Networking Forum AIRROC awards its “Person of the Year” to someone who has had a significant impact on the run-off industry. This year, for the second time in its history, AIRROC awarded this honor to a team of industry professionals. This award acknowledges the team at Fortitude Re whose vision, hard work, and legacy expertise has made … [Read more...] about Fortitude Re named AIRROC “Team of the Year” for 2022
Spotlight on New Co-Chair Betsy Mitchell
“For this game you need, above all things, to be in a tranquil frame of mind.” Harry Vardon “Achievements on the golf course are not what matters, decency and honesty are what matter.” Tiger Woods “The more I work and practice, the luckier I seem to get.” Gary Player Betsy Mitchell, Co-Vice Chair of AIRROC and Reinsurance Manager, A.G. Risk Management Inc., took time … [Read more...] about Spotlight on New Co-Chair Betsy Mitchell
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
Meet Randi Ellias: Notable Woman in Reinsurance
When Randi joined the Butler Rubin law firm in Chicago over 25 years ago, she was fresh out of law school and eager to get to work. She had served as a summer clerk at the firm and enjoyed the people and the firm culture. Her journey began in the area of reinsurance arbitration and litigation, and often she was the sole woman in the room. In fact, during her first reinsurance … [Read more...] about Meet Randi Ellias: Notable Woman in Reinsurance
AIRROC Person of the Year 2021: Glen Mulready
Innovation distinguishes between a leader and a follower – Steve Jobs. AIRROC presented its annual Person of the Year Award for 2021 to Glen Mulready, the Commissioner of Insurance for the State of Oklahoma. His “work advocating for a new era of runoff opportunities in the United States has been unmatched.” Robert Redpath, Senior VP and Corporate Counsel, Enstar. His role in … [Read more...] about AIRROC Person of the Year 2021: Glen Mulready
Results of the Q3 2021 Insurance Labor Outlook Study: Employment Growth Amid a Difficult Recruiting Market
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
Spotlight on Peter Scarpato – Let the Adventures Begin!
“There is a superhero in all of us, we just need the courage to put on the cape.” - Superman That is NOT Peter’s favorite quote. (We will get to that detail later.) But if you speak with Peter’s colleagues, associates, and many friends in the re/insurance business, as we have in preparing this article, you quickly understand that Peter is a superhero to all. What is his … [Read more...] about Spotlight on Peter Scarpato – Let the Adventures Begin!
Lessons in History with Ken Randall
In April of this year, a pioneer in the legacy business, Ken Randall, officially retired. He handed over the reins of R&Q to his chosen successors. An industry leader in legacy business that he co-founded with Alan Quilter in 1991, an industry which is now worth over $800bn according to PwC. We had a fascinating opportunity to chat with him in April and hear his insights … [Read more...] about Lessons in History with Ken Randall
Exit Interview with NAIC President Raymond G. Farmer South Carolina Director of Insurance
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