Accident & Health: Managed underwriting and administrative operations distributing both primary and reinsurance of Employer Stop-Loss, AD&D, and Supplemental Benefits coverages. Managed MGA relationships and products development initiatives.
Asbestos: Prior coverage lawyer and claims adjuster experience in handling the preparation of coverage opinions and for litigation management of asbestos related accounts. Managed both the declaratory judgment legal process as well as providing policyholder defense in connection with asbestos related lawsuits, including class actions. Prepared and analyzed reinsurance presentations and settlements with respect to both assumed and ceded balances involving asbestos losses.
Captives/Risk Retention Groups: Formed multiple offshore captives as well as capital and administrative matters associated with captive management and ownership. Experienced with Bermuda segregated cell companies. Utilized captive structures in connection with capital management issues and in support of MGA programs. Also experienced with reinsurance side-cars and collateralized reinsurance.
Catastrophes (Casualty): Drafted property catastrophe reinsurance contracts and negotiated occurrence based claims in connection with nat cat events.
Catastrophes (Property): Structured numerous forms of property cat coverages including traditional occurrence and aggregate treaty and collateralized structures. Drafted bespoke forms of coverage including parametric trigger, named peril, and other manuscript coverage features.
Commercial Liability: Experienced in complex coverage matters involving CGL forms, including significant declaratory judgment proceedings and claim resolutions. Managed large and MDL litigation involving mass tort liabilities (asbestos, environmental, breast implant, silica, etc.). Responsible for presentation and collection of ceded reinsurance collectibles associated with complex and mass tort claims.
Commutations: Priced and structured whole account, individual treaty and facultative portfolio commutations involving P&C coverages. Experienced with loss portfolio transfers from structuring, pricing and accounting standpoints.
Contract Wording: Global reinsurance contract wording manager for international reinsurance holding company. Set best practices in concert with underwriting goals and managed technical staff. Acknowledged reinsurance contract wording expert for P&C proportional and excess coverages.
Environmental/Pollution: Prior coverage lawyer and claims adjuster experience in handling the preparation of coverage opinions and for litigation management of environmental pollution related accounts. Prepared and analyzed reinsurance presentations and settlements with respect to both assumed and ceded balances involving envirnomnetal losses.
Excess/Surplus Lines: Past President of E&S primary insurance company. Formed and licensed company and generated specialty insurance portfolio utilizing an insurance program model. Managed capital and balance sheet matters. Structured MGA agreements and oversaw general underwriting and administrative operations.
Finite: Oversaw risk transfer of ceded and assumed treaty reinsurance and ensured proper accounting treatment. Administered the collection of finite reinsurance balances. Arbitrated contested claims involving finite contracts.
MGA/MGU: Structured numerous program management agreements inclusive of carrier and reinsurer participations (including fronting arrangements). Oversaw program management teams responsible for Accident & Health and P&C programs. Ensured compliance with regulatory requirements applicable to insurance carriers utilizing MGAs, Coverholder agreements and Delegated Authority.
Regulatory/Licensing: Prior legal leader of regulatory/compliance department for U.S. insurance operations. Responsible for all aspects of state-based insurance regulation, including Holding Company Act compliance, form and rate management and manager of Licensing Unit responsible for admitted and E&S entities.