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Work Experience
Current director of an insurance or reinsurance company: Yes
Former director of an insurance or reinsurance company: Yes
Current officer of an insurance or reinsurance company: Yes
Former officer of an insurance or reinsurance company: Yes
Reinsurance Department: Reinsurance Department, Legal Department, Claim Department
Law Firm Experience: Partner
Other Work Experience: Run-off Manager, Independent/Unaffiliated Arbitrator, Umpire and/or Mediator
Breakdown of Experience
Alternative/ Self Insurance/ Risk Management: YES
Architects & Engineers: YES
Asbestos: YES
Automobile Liability/Property: Yes
Bad Faith/Eco: YES
Captives/Risk Retention Groups: YES
Catastrophes (Casualty): YES
Catastrophes (Property): YES
Commercial Liability: YES
Commercial Property: YES
Commutations: YES
Construction Defects: YES
Contract Wording: YES
Directors & Officers: YES
Disability: YES
Employment Practices Liability: YES
Energy: YES
Environmental/Pollution: YES
Excess/Surplus Lines: YES
Fidelity &, Surety: YES
Financial Guarantee: YES
Insolvencies: YES
Intellectual Property: YES
International: YES
Libel/Slander/Media Liability: YES
Lloyd's: YES
London Company Market: YES
Long Term Disability: YES
MGA/MGU: YES
Personal Lines: YES
Product Liability: YES
Product/Consumer Warranties: YES
Professional Liability/Errors &, Omissions: YES
Third Party Administrator: YES
Toxic Tort: YES
Workers' Compensation: YES
ARIAS Experience
ARIAS Conference Faculty: 8
Ethics Training, as Trainee: 3
Workshops, As Faculty: 3
Workshops, as Trainee: Yes
Arbitration Experience
Number of Arbitrations as an Arbitrator: 6
Number of Appointments as Arbitrator: 8
Completed Arbitrations as Arbitrator: 3
Number of Arbitrations as Outside Counsel: 50+
Arbitration Experience: As Corporate Representative: 25
Biography
Mr. DeMento has over 25 years' experience in insurance and reinsurance claims across all property and casualty lines of business.
Company: TransRe. (2016 - present)
Position(s) and Responsibilities: Mr. DeMento is Senior Vice President and Claims Manager of US, LatAm, and Caribbean claim units.
Company: Crowell and Moring, LLP. (2013 - 2016)
Position(s) and Responsibilities: Mr. DeMento was Senior Counsel and practiced law in the insurance and reinsurance group, where he specialized in reinsurance arbitrations.
Company: XL Reinsurance America Inc. (2007 - 2013)
Position(s) and Responsibilities: Mr. DeMento was Vice President, Retro-Ceded Claims Unit Manager, Run-Off Claims Unit Manager, and In-House Claims Counsel.
Company: Mendes and Mount, LLP. (2000 - 2007)
Position(s) and Responsibilities: Mr. DeMento was a Partner in the insurance and reinsurance litigation group, where he specialized in reinsurance arbitrations.
FRANK DEMENTO is Senior Vice President and Claims Manager at TransRe. In addition, Frank serves on the IRUA education and claims committee and the association governance committee. Frank served on the board of ROM Reinsurance Management Company for six years, including as Chairman, and is a previous board member of the Association of Insurance and Reinsurance Run-off Companies, serving as chairman of the education committee. A member of ARIAS since 2001, Frank is co-chair of its technology committee, and is an ARIAS certified arbitrator. Prior to joining TransRe, Frank was Senior Counsel in Crowell and Moring LLP’s re/insurance practice, managed XL Reinsurance America, Inc.’s run-off and retroceded claims units and was in-house claims counsel, and was a partner in Mendes and Mount, LLP’s insurance and reinsurance litigation group. Frank holds the following designations: Associate in Reinsurance; Chartered Property Casualty Underwriter; and Certified Legacy Insurance Professional. Frank graduated from Washington and Lee University and has a Juris Doctor degree from St. John’s University School of Law.
Company: TransRe. (2016 - present)
Position(s) and Responsibilities: Mr. DeMento is Senior Vice President and Claims Manager of US, LatAm, and Caribbean claim units.
Company: Crowell and Moring, LLP. (2013 - 2016)
Position(s) and Responsibilities: Mr. DeMento was Senior Counsel and practiced law in the insurance and reinsurance group, where he specialized in reinsurance arbitrations.
Company: XL Reinsurance America Inc. (2007 - 2013)
Position(s) and Responsibilities: Mr. DeMento was Vice President, Retro-Ceded Claims Unit Manager, Run-Off Claims Unit Manager, and In-House Claims Counsel.
Company: Mendes and Mount, LLP. (2000 - 2007)
Position(s) and Responsibilities: Mr. DeMento was a Partner in the insurance and reinsurance litigation group, where he specialized in reinsurance arbitrations.
FRANK DEMENTO is Senior Vice President and Claims Manager at TransRe. In addition, Frank serves on the IRUA education and claims committee and the association governance committee. Frank served on the board of ROM Reinsurance Management Company for six years, including as Chairman, and is a previous board member of the Association of Insurance and Reinsurance Run-off Companies, serving as chairman of the education committee. A member of ARIAS since 2001, Frank is co-chair of its technology committee, and is an ARIAS certified arbitrator. Prior to joining TransRe, Frank was Senior Counsel in Crowell and Moring LLP’s re/insurance practice, managed XL Reinsurance America, Inc.’s run-off and retroceded claims units and was in-house claims counsel, and was a partner in Mendes and Mount, LLP’s insurance and reinsurance litigation group. Frank holds the following designations: Associate in Reinsurance; Chartered Property Casualty Underwriter; and Certified Legacy Insurance Professional. Frank graduated from Washington and Lee University and has a Juris Doctor degree from St. John’s University School of Law.