Profile
W. Mark Wigmore
Current Employment
  • Company:
    Avalon Consulting, LLC
  • Position(s) and Responsibilities:

    Managing Director of a consulting firm that provides dispute resolution and claims management services to the insurance and reinsurance industries.

  • Address:
    800 Crandon Blvd.
    Suite 204
    Key Biscayne, FLORIDA 33149
  • Phone:
    786-362-6310
  • Cell:
    860-965-9410
  • Email:
Previous Employment
  • Company:
    Electric Insurance Company
  • Position(s) and Responsibilities:

    Board of Directors (2013 – Present)
    Member of the Audit Committee (2013 – Present, Chair 2014-Present)

  • Company:
    St. Paul Re
  • Position(s) and Responsibilities:

    President and Chief Executive Officer –

    Managed all assumed reinsurance operations of the St Paul Re businesses in the US and UK.

  • Company:
    Travelers Property Casualty
  • Position(s) and Responsibilities:

    Vice President and Associate General Counsel –

    Managed Travelers ceded reinsurance exposure for asbestos, environmental and other long-tail, cumulative injury claims.

  • Company:
    University of Connecticut School of Law
  • Position(s) and Responsibilities:

    I have been a lecturer in law at the University of Connecticut School of Law Insurance Law Center, where I have taught Principles of Reinsurance, Insurance Litigation and An Introduction to the London Insurance Market in the LL.M. program.

Credentials
  • Attorney:
    Yes
  • Education:
    BA 1983 - Wittenberg University;
    JD 1986 - George Washington University;
    MBA 1994 - University of Connecticut;
    Member of the Bar of the States of Connecticut and Ohio, and the District of Columbia.
  • Degrees:
    BA
    JD
    MBA
  • Designations:
    ARIAS US Certified Umpire and Arbitrator
    CPR Panel of Distinguished Neutrals
    London Court of International Arbitration (LCIA) Arbitrator
    Centre for Effective Dispute Resolution (CEDR) Accredited Mediator
    AAA Roster of Neutrals
    FINRA Roster of Arbitrators
Work Experience
  • Insurance Company: 15 years.
    Legal Department: 9 years. Counsel and Associate General Counsel
    Ceded Reinsurance Department: 6 years. Vice President
  • Reinsurance Company: 3 years.
    Executive Officer (CEO, COO, CFO, Chief Actuary): 3 years. President and CEO
  • Law Firm (Insurance/Reinsurance Practice): 2 years.
    Associate: 2 years. Associate
  • Insurance-related Firms: 15 years.
    Consultant: 15 years. Avalon Consulting, LLC - Managing Director
Breakdown of Experience
  • Environmental/Pollution
    10%
  • Catastrophes (Property)
    8%
  • Third Party Administrator
    8%
  • Accident & Health
    5%
  • Directors &, Officers
    5%
  • Professional Liability/Errors &, Omissions
    5%
  • Asbestos
    5%
  • MGA/MGU
    5%
  • Bad Faith/ECO
    5%
  • Life
    5%
  • Construction Defects
    5%
  • Catastrophes (Casualty)
    4%
  • Product Liability
    3%
  • Finite
    3%
  • Financial Guarantee
    3%
  • Fidelity &, Surety
    3%
  • Contract Wording
    3%
  • Alternative/Self-Insurance/Risk Management
    3%
  • Workers' Compensation
    3%
  • Automobile Liability/Property
    2%
  • Excess/Surplus Lines
    2%
  • Toxic Tort
    1%
  • Insolvencies
    1%
By Market
  • U.S. Market:
    70%
  • U.K. Market:
    20%
  • Bermuda/Off-shore Market:
    5%
  • European Market:
    2%
  • Global Market:
    3%

Insurance vs. Reinsurance: 33/67%
Treaty vs. Facultative Reinsurance: 60/40%
Former Insurance or Reinsurance Company Officer
Current Insurance or Reinsurance Company Director

Mediation Experience
  • Number of Mediations
    As Mediator: 3
    As Counsel: 3
ARIAS Experience

Ethics Training, as Trainee: 1; July 2009; December 2011

ARIAS Conference Faculty: 5; Spring 2004, Fall 2006, Spring 2011, Spring 2015, Spring 2017

Other Approved Training:

ARIAS Fall 2009 Educational Seminar - FACULTY
ARIAS Fall 2010 Educational Seminar - FACULTY
ARIAS March 2014 Educational Seminar - FACULTY

Arbitration Experience

Number of Arbitrations

As an Arbitrator: 97

As an Umpire: 52

As Employee Manager: 1

As Corporate Representative: 5

Arbitrator Experience
Number of Arbitrations
28
Appointed as an arbitrator.
9
Acted as an arbitrator through the organizational meeting or the arbitration has only reached this stage.
28
Acted as an arbitrator through the organizational meeting or the arbitration has only reached this stage and the resolution of significant pre-hearing motions.
12
Acted as an arbitrator through to final award after completion of an evidentiary hearing of at least one full day and less than three full days regarding the substantive merits of the parties' dispute.
20
Acted as an arbitrator through to final award after completion of an evidentiary hearing of at least three full days regarding the substantive merits of the parties' dispute.
Umpire Experience
Number of Arbitrations
6
Appointed as an umpire.
11
Acted as an umpire through the organizational meeting or the arbitration has only reached this stage.
15
Acted as an umpire through the organizational meeting or the arbitration has only reached this stage and the resolution of significant pre-hearing motions.
2
Acted as an umpire through an evidentiary hearing of at least three full days regarding the substantive merits of the parties' dispute.
5
Acted as an umpire through to final award after completion of an evidentiary hearing of at least one full day and less than three full days regarding the substantive merits of the parties' dispute.
13
Acted as an umpire through to final award after completion of an evidentiary hearing of at least three full days regarding the substantive merits of the parties' dispute.
Employee Manager Experience
Number of Arbitrations
1
Employee Manager of arbitration through the organizational meeting or the arbitration has only reached this stage as well as significant motions before the panel, panel consultations, and interim awards, but not through the hearing briefs.
Company Representative Experience
Number of Arbitrations
5
Company Representative in arbitration through evidentiary hearing of at least three full days regarding the substantive merits of the parties' dispute.
Biography

Since 2004, W. Mark Wigmore has been a Managing Director of Avalon Consulting, LLC, an insurance and reinsurance consulting firm. In 2013, Mr. Wigmore joined the Board of Directors of Electric Insurance Company of Beverly, MA and has chaired the Audit Committee since 2014.

Prior to forming Avalon, Mr. Wigmore served as President and CEO of St. Paul Re, Inc., where he oversaw all assumed reinsurance run-off operations of the then recently merged St. Paul Travelers Companies. In the US, those run-off entities included, among others, St. Paul Re, F & G Re, Travelers Specialty Property Casualty Co., Constitution State Insurance Company and the assumed operations of Gulf Insurance Company. In the UK, Mr. Wigmore was Chairman of St. Paul Reinsurance Company, Ltd., and also headed St. Paul Specialist Services, Ltd., the run-off manager for St. Paul Re (UK), Unionamerica Insurance Company, Ltd. and St. Katherine’s Insurance Company. Mr. Wigmore joined The St. Paul Companies in June 2002 to lead the assumed reinsurance run-off upon the completion of the IPO of St. Paul’s ongoing reinsurance operations.

From 1997 through 2002, he was Vice President of Travelers Special Liability Group’s Ceded Reinsurance Department. In that capacity, Mr. Wigmore headed the unit responsible for ceded reinsurance claims resulting from Travelers APH exposure. Mr. Wigmore began his insurance career in 1988 in the Litigation Division of Travelers Law Department. For nine years he held various positions within Travelers Law Department, ultimately being named Associate General Counsel. Throughout that period, Mr. Wigmore provided legal advice with respect to coverage litigation arising out of asbestos and environmental pollution claims.

Mr. Wigmore has served as a Lecturer in Law at the University of Connecticut School of Law, where he taught Principles of Reinsurance, Insurance Litigation and An Introduction to the London Insurance Market in the Insurance Law Center’s LL.M. program.