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Profile
Mark S. Gurevitz
Current Employment
  • Company:
    MG Re Arbitrator & Mediator Services LLC & Heritage Reinsurance Company Ltd.
  • Position(s) and Responsibilities:

    MG Re Arbitrator & Mediator Services LLC – Principal
    (203) 556-4049
    Heritage Reinsurance Company Ltd. – Current Member of Board of Directors and current Vice President (appointed December 2019). Qualifies as active officer and officer of Life company.

Previous Employment
  • Company:
    The Hartford Financial Services Group, Inc.
  • Position(s) and Responsibilities:

    Former Senior Vice President, Associate General Counsel and Director of Reinsurance Law. Responsible for all Group-wide reinsurance legal issues. Managed Life reinsurance law function.

  • Company:
    White and Williams LLP, Philadelphia, PA
  • Position(s) and Responsibilities:

    Attorney in Commercial Litigation Department. Practice concentration in professional liability and environmental coverage litigation and reinsurance.

  • Company:
    Assistant District Attorney, Philadelphia, PA
Credentials
  • Attorney:
    Yes
  • Education:
    JD, Temple University School of Law;
    BA, The Pennsylvania State University
  • Designations:
    Admitted to practice in United States Supreme Court, Third Circuit Court of Appeals, District Courts of Pennsylvania and New Jersey and State Courts of Pennsylvania and Connecticut.
  • Other Information:
    Founding Board Member, Member of Board of Directors (1994-2002), former President and Chairman of ARIAS-U.S.; original Co-chairman, Forms and Procedures Committee; member of ARIAS Quarterly Editorial Board; former Chairman of ARIAS-U.S. Long Range Planning Committee; member of ARIAS Ethics Discussion Committee; second recipient of The ARIAS Award. AAA and FINRA arbitrator.
Work Experience
  • Insurance Company: 20 years.
    Legal Department: 20 years. Senior Vice President and Associate General Counsel, includes insurance, reinsurance and life company experience (at The Hartford 1991 - 2011)
  • Reinsurance Company: 12 years.
    Legal Department: 12 years. Chief lawyer for Hart Re (concurrent with Insurance Company experience)
  • Law Firm (Insurance/Reinsurance Practice): 6 years.
    Associate: 6 years. White and Williams, Philadelphia, PA (1985-1991)
  • Independent/Other Relevant Experience: 14 years.
    Other : 5 years. Assistant District Attorney, Philadelphia, PA (1980-1985); Associate, McNees, Wallace & Nurick (1979-1980)
    Independent/Unaffiliated Arbitrator, Umpire and/or Mediator: 9 years. Professional Arbitrator and Umpire
Breakdown of Experience
  • Life
    30%
  • Commercial Liability
    11%
  • Contract Wording
    10%
  • Commutations
    5%
  • Toxic Tort
    5%
  • Professional Liability/Errors &, Omissions
    5%
  • MGA/MGU
    5%
  • Insolvencies
    5%
  • Finite
    5%
  • Captives/Risk Retention Groups
    5%
  • Excess/Surplus Lines
    5%
  • Environmental/Pollution
    5%
  • Workers' Compensation
    2%
  • Fidelity &, Surety
    2%
By Market
  • U.S. Market:
    75%
  • U.K. Market:
    10%
  • Bermuda/Off-shore Market:
    10%
  • European Market:
    5%

Insurance vs. Reinsurance: 25/75%
Treaty vs. Facultative Reinsurance: 50/50%
Current Insurance or Reinsurance Company Officer
Current Insurance or Reinsurance Company Director

Mediation Experience
  • Number of Mediations
    As Mediator: 11
    As Counsel: 4
ARIAS Experience

Workshops, as Faculty: 1; September 2010

Ethics Training, as Trainee: 1; February 2010

ARIAS Conference Faculty: 9; Spring 2003, Fall 2003, Fall 2004, Spring 2008, Spring 2009, Spring 2010,Fall 2011, Spring 2011, Spring 2014, Fall 2014

Arbitration Experience

Number of Arbitrations

As an Arbitrator: 56

As an Umpire: 49

As Employee Manager: 85

As Corporate Representative: 15

Arbitrator Experience
Number of Arbitrations
30
Appointed as an arbitrator.
12
Acted as an arbitrator through the organizational meeting or the arbitration has only reached this stage.
5
Acted as an arbitrator through the organizational meeting or the arbitration has only reached this stage and the resolution of significant pre-hearing motions.
1
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.
8
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.
15
Acted as an umpire through the organizational meeting or the arbitration has only reached this stage.
13
Acted as an umpire through the organizational meeting or the arbitration has only reached this stage and the resolution of significant pre-hearing motions.
8
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.
7
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
55
Employee Manager of arbitration through the organizational meeting or the arbitration has only reached this stage.
20
Employee Manager of arbitration through pre-hearing briefs.
10
Employee Manager of arbitration through evidentiary hearing of at least three full day regarding the substantive merits of the parties' dispute.
Company Representative Experience
Number of Arbitrations
10
Company Representative in arbitration through the organizational meeting or the arbitration has only reached this stage.
5
Company Representative in arbitration through evidentiary hearing of at least three full days regarding the substantive merits of the parties' dispute.
Biography

MARK S. GUREVITZ

Mark S. Gurevitz is the founder and principal of MG Re Arbitrator and Mediator Services LLC, a consulting firm specializing in dispute resolution services for the insurance and reinsurance industry. An ARIAS•U.S. Certified Arbitrator and Umpire, Mr. Gurevitz serves as an arbitrator and umpire on insurance and reinsurance matters involving property-casualty and life business, is a FINRA approved arbitrator and Chairperson, and an American Arbitration Association Neutral. He is a Director of Heritage Reinsurance Company, Ltd. and in December 2019 was appointed a Vice President of the company.

Mark was named as a worldwide expert by Who’s Who Legal: Insurance and Reinsurance for 2019 and 2020. He is described as “’an outstanding practitioner’ in insurance disputes, where he brings his considerable knowledge in the area to bear on an array of complex matters.”

Prior to starting his own consulting practice, Mr. Gurevitz was a senior lawyer and executive officer of The Hartford Financial Services Group, Inc. for over 20 years, where he served as Senior Vice President and Associate General Counsel of the holding company and affiliated insurance companies, including Hartford Fire Insurance Company. As The Hartford’s chief reinsurance lawyer, his responsibilities included all legal oversight of ceded collections, assumed reinsurance claims, ceded contract wordings, run-off management (both here and in the UK), Bermuda operations, reinsurance regulatory compliance and a variety of governance and structural initiatives, for both on-going and run-off operations. During his tenure, he also oversaw the company’s property-casualty and employment law functions.

Mr. Gurevitz has extensive experience evaluating, negotiating and resolving major industry reinsurance issues such as pollution, asbestos, surgical implants, September 11th, winter storms, Hurricane Katrina, Enron and other bond claims, as well as matters concerning common account programs, disability, group and individual life, and guaranteed components of annuity products. His work also included the development and review of new and renewal treaty and facultative wordings, preferred model wordings and placement of catastrophe bonds. He oversaw The Hartford’s response to governmental inquiries into finite reinsurance in the insurance industry. He co-authored comprehensive insurance quoting and compensation guidelines implemented by all underwriting areas in response to NAIC initiatives on disclosure of insurance broker commissions, for which he received a Chairman’s Gold Award.

Before joining The Hartford, Mark specialized in insurance coverage and reinsurance matters at the Philadelphia law firm of White and Williams. From 1980 to 1985, he served as an Assistant District Attorney for the City of Philadelphia.

A frequent lecturer on reinsurance and arbitration topics, Mr. Gurevitz is a Director Emeritus, former President and Chairman of ARIAS•U.S., was chair of its Long Range Planning Committee and co-chair of the Forms and Procedures Committee and is on the Editorial Board of the ARIAS Quarterly and the new ARIAS Ethics Discussion Committee. He was a member of the industry-wide task force which promulgated and updated the Procedures for the Resolution of U.S. Insurance and Reinsurance Disputes and a lecturer in law at the University of Connecticut Law School Masters in Insurance Law Program. He was a member of the Board of Trustees of the Greater Bridgeport Symphony Orchestra and serves as a Lector and member of the Parish Finance Committee at St. Catherine of Siena Church in Trumbull, CT. Mark is active in the community as a pro bono lawyer with Connecticut Legal Services where he provides legal services to low-income clients, and as a volunteer mediator with the Connecticut Commission on Human Rights and Opportunities. He also served as a Commission member and Vice-Chairman of the Town of Trumbull Ethics Commission.

He is a graduate of The Pennsylvania State University, with high distinction, and received his J.D., cum laude, from Temple University School of Law. He also attended the American Institute for CPCU and Wharton School of Business Insurance Executive Development Program.