Charles F. Barr
Certified Arbitrator
vCard
Current Employment
| Company: | Charles F. Barr - Attorney, Arbitrator & Consultant |
| Address: |
298 Danbury Road Ridgefield, Ct 06877 |
| Cell: | 203-733-8221 |
| Fax: | 203-431-8528 |
| Email: | cbarr8528@aol.com |
| Website: | http://www.CBarrADR.com |
Offering Services as Expert Witness in:
| Automobile Underwriting, Casualty Underwriting, Excess of Loss Reinsurance Agreements, Facultative Certificates, Pro Rata / Quota Share Reinsurance Agreements, Reinsurance Claims, Captives, Coverage / Contract Interpretation, Derivative Contracts, Credit Default Contracts, Financial Guarantees, Finite / Financial Reinsurance / Alternative Risk, Fronting Arrangements, Offshore / London Markets, Regulatory / Compliance, Reinsurance Contract Wording |
Previous Employment
| Company: | General Reinsurance Corp - EVP & General Counsel |
| Position(s) and Responsibilities: | General Counsel 6 years; General Counsel of General Re Financial Products, a derivatives dealer, and New England Asset Management; supervised large assumed reinsurance disputes and retro collections; disengaged life reinsurance subsidiary from the Unicover Pool and as a retrocessionaire; reversed at the Second Circuit a mail fraud conviction of a subsidiary; acquired 2 reinsurers and an asset manager and formed Tempest Re. |
| Company: | XL Capital Ltd. - EVP & General Counsel |
| Position(s) and Responsibilities: | Global General Counsel after starting as US General Counsel; supervised global insurance, assumed reinsurance and retro collection disputes; developed hybrid reinsurance/derivatives contracts; supervised interaction with State Attorneys General and Insurance Departments, and SEC and DOJ inquiries into Finite Re; managed multi-district litigations regarding PSAs and allegations of bid-rigging by co-defendants. |
| Company: | Benfield - US - General Counsel |
| Position(s) and Responsibilities: | General Counsel of US intermediary; drafted reinsurance contracts and employment contracts. |
| Company: | General Accident Insurance Company - General Counsel |
| Position(s) and Responsibilities: | General Counsel; assumption-reinsured and novated 3 national insurers' NY business into 3 NY-only domestic insurers; managed the surrender of licenses to end residual market charges in Mass. |
| Company: | United Pacific Life Insurance Company/Reliance Life - SVP & General Counsel |
| Position(s) and Responsibilities: | Executive officer and General Counsel of life/health/annuity insurer. |
Credentials
| Attorney: | Yes |
| Education: | Suffolk University Law School - Boston, Ma; Boston College - Chestnut Hill, Ma |
| Degrees: | JD - Cum Laude; BA - Economics - Cum Laude |
| Designations: | Member of Ct Bar and Mass Bar; Chartered Property & Casualty Underwriter; Associate in Risk Management; Certified ARIAS-US Arbitrator |
Work Experience
Insurance Company: 18 years
Underwriting Department: 3 years. Commercial Casualty Underwriter - Aetna L&C
Legal Department: 5 years. CU, Reliance, Reliance Life, Gen Acc, General Re, XL Capital
Executive Officer (CEO, COO, CFO, Chief Actuary): 10 years. General Counsel (Reliance Life, Gen Acc, XL)
Reinsurance Company: 15 years
Legal Department: 5 years. General Re
Executive Officer (CEO, COO, CFO, Chief Actuary): 10 years. General Counsel (General Re, Cologne Life Re, XL, Ariel Re)
Insurance-related Firms: 2 years
Broker: 2 years. Benfield - US, Legal - General Counsel
Breakdown of Experience
|
|
|
By Market
U.S. Market: 83%
U.K. Market: 3%
Bermuda/Off-shore Market: 14%
Insurance vs. Reinsurance: 49/51%
Treaty vs. Facultative Reinsurance: 90/10%
Former Insurance or Reinsurance Company Officer
Former Insurance or Reinsurance Company Director
ARIAS Experience
Ethics Training, as Trainee: 1; March 2010
Arbitration Experience
Number of Arbitrations
As an Arbitrator: 5As Corporate Representative: 6
Arbitrator Experience
Number of Arbitrations
| 5 | Appointed as an arbitrator. |
Company Representative Experience
Number of Arbitrations
| 6 | Company Representative in arbitration through pre-hearing briefs. |
Biography
Charley Barr is an attorney and underwriter with over 30 years of experience at P/C, Life and Financial Guaranty re/insurers, an intermediary and a derivatives dealer, 20 at the General Counsel level.Mr. Barr worked 15 years at insurers (General Accident, Reliance, Commercial Union, Reliance Life), 15 years at reinsurers (General Re, XL Capital, Ariel Re, Cologne Life Re) and 2 years as General Counsel of Benfield-US. He was a commercial casualty underwriter for Aetna L&C, is a CPCU and is a member of the bar in Ct and Ma.
While General Counsel of General Re he supervised multi-million dollar assumed reinsurance disputes and retro collections. He handled the acquisition of Cologne Re, National Re, and New England Asset Management and formed/capitalized Tempest Re. He formed and tax-planned General Re Financial Products, a derivatives dealer with global trading desks. He supervised 25 lawyers providing advice to P/C and life re/insurers and operating advice for derivatives and asset managers. He managed the Second Circuit reversal of a mail fraud conviction of a subsidiary. He extricated Cologne Life Re from membership in the Unicover Pool and as a retrocessionaire of WC carve-out.
At XL Capital he supervised global disputes with policyholders and cedents and retro collections of both risk and finite reinsurance. He restructured cessions to Bermuda affiliates, oversaw global tax planning and developed hybrid reinsurance/derivative contracts and side-car coverages. He managed the interaction with the NY Attorney General’s inquiry into PSAs and allegations of bid-rigging and the SEC and DOJ inquiries into both Finite Re and Municipal GICs.
He drafted policy language for E&S and specialty insurers and reinsurance terms and conditions for Benfield and reinsurers, including risk and finite treaties and ILWs. He has managed issues with MGA/MGUs and books of business and has drafted employment contracts and restrictive covenants.
