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Profile
Andrew N. Rothseid
Current Employment
  • Company:
    RunOff Re.Solve LLC
  • Position(s) and Responsibilities:

    Andrew Rothseid is the principal and owner of RunOff Re.Solve LLC.

    RunOff Re.Solve provides specialist turnaround, restructuring and advisory services to the global insurance and reinsurance industry particularly in regard to discontinued or “run off” liabilities.

    Mr. Rothseid has over twenty five years of professional experience within the insurance industry as a: private practice lawyer (licensed in Pennsylvania and New York); general counsel and director of American and Bermudian property and casualty run off insurers and reinsurers; managing director of a London Market run off insurer and reinsurer; and partner with a global professional services firm.

    Andrew served as the Commutation Plan Advisor for GTE REinsurance Company Limited, a former Bermuda domiciled captive insurer and reinsurer. The GTE RE Commutation Plan was the first accelerated closure of a solvent US property and casualty insurer or reinsurer under the Rhode Island statute entitled “Voluntary Restructuring of Solvent Insurers.” Andrew designed, drafted and implemented the GTE RE Commutation Plan and negotiated the terms with the Rhode Island Insurance Department and GTE RE’s cedents. In October 2011, the Association of Insurance and Reinsurance Run Off Companies (“AIRROC”), a worldwide association focused on the legacy or “run off” insurance and reinsurance markets, awarded its 2011 Person of the Year to Andrew and Gary Lee of Morrison & Foerster LLP for their work on the GTE REinsurance Company Ltd. closure.

    Andrew also oversaw the run off of Y-Mutual Insurance Limited (Bermuda). This Bermuda captive reinsurer went into run off in 2007 and, having discharged all of its reinsurance obligations, has been liquidated on a solvent basis five years earlier than originally anticipated.

    Andrew is a former director of Pioneer Underwriting Holdings and ACA Financial Guaranty.

  • Address:
    Two Bala Plaza
    Suite 300
    Bala Cynwyd, PENNSYLVANIA 19004
  • Phone:
    +1 610 660 7738
  • Cell:
    +1 267 253 3529
  • Fax:
    +1 610 500 5071
  • Email:
  • Website:
    www.runoffresolve.com
Offering Services as Expert Witness in:
Insurance Claims, Liability Claims, Professional Liability Claims, Reinsurance Claims, Audit / Records Inspection, Captives, Commutations, Insolvencies, Regulatory / Compliance
Previous Employment
  • Company:
    PricewaterhouseCoopers LLP
  • Position(s) and Responsibilities:

    PricewaterhouseCoopers LLP – 2002 – 2007.

    Consultant (2002 – 2003), Managing Director – PricewaterhouseCoopers Global Restructuring Services LLP (2003 – 2005), and Partner (2005 – 2007).

    Responsible for US insurance restructuring practice.

  • Company:
    Dominion Insurance Company Limited, B.D. Cooke & Partners Limited, London, England
  • Position(s) and Responsibilities:

    <li>Consultant to the ultimate parent, La Fondiaria S.p.A. – 1999-2000

    <li>Managing Director – 2001–2002<br><br>

    Managed the day-to-day operations of the B D Cooke Pool and the Dominion Insurance portfolio.

  • Company:
    Independent Consultant, Arbitrator And Lawyer - 1999–2000
  • Position(s) and Responsibilities:

    Represented insurers and reinsurers, individuals and corporations in varied disputes. Advised insurers and reinsurers regarding run off management. Arbitrated disputes between insurers and agents and between insurers and reinsurers.

  • Company:
    Consolidated International Group, Inc., Wilmington, Delaware - 1993–1998
  • Position(s) and Responsibilities:

    Various positions with subsidiary companies including: Senior Vice President – General Counsel and Director of American Centennial Insurance Company, British International Insurance Company Limited and International American Management Company.

    Managed the legal aspects of direct excess insurance and reinsurance run off portfolio.

  • Company:
    Private Practice Lawyer - Philadelphia, PA
  • Position(s) and Responsibilities:

    Montgomery, McCracken, Walker & Rhoads (1985 – 1993) and White and Williams (1983 – 1985).

    Federal and state litigation and trial experience in insurance coverage, reinsurance and general commercial litigation.

Credentials
  • Attorney:
    Yes
  • Education:
    Tulane University School of Law, JD, 1982.


    University of Pennsylvania, BA, 1979.
  • Designations:
    Admitted to Practice Law in Pennsylvania (1983) and New York (1995).
  • Other Information:
    Law Clerk To The Honorable Jacob Kalish, Philadelphia Court of Common Pleas - 1982-1983.
Work Experience
  • Insurance Company: 4 years.
    Legal Department: 3 years. Assistant General Counsel and General Counsel for US and Bermuda domiciled property and casualty companies in run off
    Executive Officer (CEO, COO, CFO, Chief Actuary): 2 years. Consultant and Managing Director of a London Market property and casualty company and pool opertaion in run off
  • Reinsurance Company: 5 years.
    Legal Department: 3 years. Assistant General Counsel and General Counsel for US and Bermuda domiciled property and casualty companies in run off
    Executive Officer (CEO, COO, CFO, Chief Actuary): 2 years. Consultant and Managing Director of a London Market property and casualty company and pool opertaion in run off
  • Law Firm (Insurance/Reinsurance Practice): 9 years.
    Associate: 9 years. Commercial Litigation Associate and Senior Associate focused on trial preparation and trials in federal and state courts
  • Insurance-related Firms: 15 years.
    Consultant: 10 years. Prinicipal - RunOff Re. Solve LLC
    Accounting Firm: 5 years. Consultant, Managing Director and Partner - PricewaterhouseCoopers LLP
  • Independent/Other Relevant Experience: 10 years.
    Independent/Unaffiliated Arbitrator, Umpire and/or Mediator: 10 years. Independent Arbitrator and Expert Witness
Breakdown of Experience
  • Captives/Risk Retention Groups
    20%
  • Commutations
    20%
  • Financial Guarantee
    10%
  • Bad Faith/ECO
    10%
  • Insolvencies
    10%
  • MGA/MGU
    5%
  • Toxic Tort
    5%
  • Asbestos
    5%
  • Professional Liability/Errors &, Omissions
    5%
  • Environmental/Pollution
    5%
  • Contract Wording
    5%
By Market
  • U.S. Market:
    30%
  • U.K. Market:
    30%
  • Bermuda/Off-shore Market:
    20%
  • European Market:
    15%
  • Global Market:
    5%

Insurance vs. Reinsurance: 40/60%
Treaty vs. Facultative Reinsurance: 50/50%
Current Insurance or Reinsurance Company Director

ARIAS Experience

Workshops, as Faculty: 1; September 2006

Ethics Training, as Trainee: 1; October 2009; January 2012

ARIAS Conference Faculty: 2; Spring 2007, Fall 2007

Arbitration Experience

Number of Arbitrations

As an Arbitrator: 29

As Outside Counsel: 4

As Employee Manager: 22

As Corporate Representative: 24

Arbitrator Experience
Number of Arbitrations
15
Appointed as an arbitrator.
10
Acted as an arbitrator through the organizational meeting or the arbitration has only reached this stage.
4
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.
Lead Counsel Experience
Number of Arbitrations
1
Retained and Acted as Lead Counsel, up to, but not including, the organizational meeting or the arbitration has only reached this stage.
1
Acted as Lead Counsel through the organizational meeting or the arbitration has only reached this stage.
1
Acted as Lead Counsel through the organizational meeting or the arbitration has only reached this stage and the resolution of significant pre-hearing motions.
1
Acted as Lead Counsel through to an evidentiary hearing of at least one full day and less than three full days regarding the substantive merits of the parties' dispute.
Employee Manager Experience
Number of Arbitrations
2
Employee Manager of arbitration through the organizational meeting or the arbitration has only reached this stage.
4
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.
8
Employee Manager of arbitration through pre-hearing briefs.
4
Employee Manager of arbitration through evidentiary hearing of at least one full day and less than three full days regarding the substantive merits of the parties' dispute.
4
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
2
Appointed to act as Company Representative.
2
Company Representative in arbitration through the organizational meeting or the arbitration has only reached this stage.
4
Company Representative in 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.
8
Company Representative in arbitration through pre-hearing briefs.
4
Company Representative in arbitration through evidentiary hearing of at least one full day and less than three full days regarding the substantive merits of the parties' dispute.
4
Company Representative in arbitration through evidentiary hearing of at least three full days regarding the substantive merits of the parties' dispute.
Biography