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Profile
Robert C. Bruno
Personal Information
  • Address:
    37 Highpointe Way
    Matawan, NEW JERSEY 07747 United States
  • Phone:
    732-290-2479
  • Cell:
    908-208- 1694
  • Fax:
    732-290-8486
Current Employment
  • Company:
    Robert C. Bruno, Arbitration/Claims Consultant
  • Position(s) and Responsibilities:

    Former senior reinsurance executive, presenting 40 years of P/C insurance and reinsurance claims experience currently serving as a consultant/auditor to the industry in the claims management and reinsurance auditing arena. Experience in most casualty/property lines of business including but not limited to ; general liability, WC and most professional lines as well as first -party property covers. Past hands-on experience on asbestos and environmental claims including aggregation, allocation, etc.
    Have served on several arbitrations as a party appointed.

  • Address:
    37 High Pointe Way
    Matawan, NEW JERSEY 07747
  • Cell:
    908 208 1694
  • Fax:
    732 290 8486
  • Email:
Previous Employment
  • Company:
    Odyssey America Reinsurance Company
  • Position(s) and Responsibilities:

    completed a one-year temporary assignment in September, 2014, for the asbestos/environmental claims unit overseeing the claims management of individual claims to include coverage analysis, reserving and settlement evaluations.

  • Company:
    RESOLUTE MANAGEMENT CO./UNIONE ITALIANA RE CO OF AMERICA
  • Position(s) and Responsibilities:

    • In addition to Unione run-off/claims handling responsibilities, beginning in 2004, serving as a Consultant for Resolute Management Company (p/o the Berkshire Hathaway Group) providing consulting services in the Reinsurance Division on various projects including but not limited to the coordination and pursuit of global reinsurance collections, commutations and "hands-on" assumed claims technician on other P/C run-off portfolios on various business lines, with heavy emphasis on complex issues relating to asbestos and environmental exposures.
    • Most recent assignment included the reinsurance ceded (outward) billing and collections for the AIG/Chartis asbestos liabilities assumed by NICO in 2011

  • Company:
    Unione Italiana Reinsurance Company of America, Inc.
  • Position(s) and Responsibilities:

    President/CEO. Management of administration for the run-off Company, including hands-on claims handling role as Senior Claims Officer.

  • Company:
    Metropolitan Reinsurance Company
  • Position(s) and Responsibilities:

    Claims technical handling of P&C reinsurance claims on multiple lines of business for both treaty and facultative placements.
    Conducted various audits — pre-quote, reserve adequacy and contract compliance.

  • Company:
    Home Insurance Company
  • Position(s) and Responsibilities:

    Home Office claims management – Overseeing and providing guidance and direction on complex claims handled in field offices located in various regions of the country.
    Conducted internal field office compliance audits.

  • Company:
    Liberty Mutual Insurance Company
  • Position(s) and Responsibilities:

    Career began as adjuster and received promotions to include Suit Group Supervisor – supervision of litigation claims scheduled for trial; Monitored trial developments and responsible for settlement negotiations up to and including verdict decisions.

Credentials
  • Attorney:
    No
  • Education:
    CPCU
  • Other Information:
    As Executive Officer, have developed a broader knowledge and understanding of other disciplines, including financial reporting, reinsurance recoverables, contract compliance, auditing and commutations. Aside from corporate responsibilities, have taken on consulting projects for Resolute Management Company (part of the Berkshire Hathaway Group).
Work Experience
  • Insurance Company: 8 years.
    Claim Department: 8 years. Liberty Mutual; Home Insurance
  • Reinsurance Company: 27 years.
    Executive Officer (CEO, COO, CFO, Chief Actuary): 19 years. Unione Italiana Re Co of America, Inc.
    Claim Department: 8 years. Metropolitan Re; Unione Italiana Re Co of America, Inc.
  • Insurance-related Firms: 2 years.
    2 years. consultant for reinsurance
Breakdown of Experience
  • Asbestos
    25%
  • Commercial Liability
    25%
  • Commutations
    20%
  • Environmental/Pollution
    10%
  • Excess/Surplus Lines
    8%
  • Product Liability
    5%
  • Workers' Compensation
    2%
  • Toxic Tort
    2%
  • Automobile Liability/Property
    2%
  • Catastrophes (Property)
    1%
By Market
  • U.S. Market:
    85%
  • U.K. Market:
    15%

Insurance vs. Reinsurance: 20/80%
Treaty vs. Facultative Reinsurance: 50/50%
Current Insurance or Reinsurance Company Officer
Current Insurance or Reinsurance Company Director

ARIAS Experience

Workshops, as Trainee: 2; September 2002; September 2003

Ethics Training, as Trainee: 1; October 2010

Arbitration Experience

Number of Arbitrations

As an Arbitrator: 5

As Employee Manager: 2

Arbitrator Experience
Number of Arbitrations
1
Appointed as an arbitrator.
2
Acted as an arbitrator through the organizational meeting or the arbitration has only reached this stage.
2
Acted as an arbitrator through the organizational meeting or the arbitration has only reached this stage and the resolution of significant pre-hearing motions.
Employee Manager Experience
Number of Arbitrations
2
Employee Manager of arbitration.
Biography