Profile
Ann L. Field
Current Employment
  • Company:
    Field Law and Arbitrations, Inc.
  • Position(s) and Responsibilities:

    President of Field Law and Arbitrations, Inc.
    – Experienced Arbitrator, Umpire, Consultant, and Mediator with over 22 years of global insurance and reinsurance industry experience.
    – Managed over 125 arbitrations involving complex insurance and reinsurance coverage issues across many lines of business as both a cedent and a reinsurer.
    – Extensive procedural and substantive experience from serving on 33 arbitrations as an arbitrator and umpire.
    – ARIAS certified Arbitrator since 2008.

  • Address:
    523 S. Cook Street
    Barrington, ILLINOIS 60010
  • Phone:
    847-207-9318
  • Cell:
    847-207-9318
  • Email:
Previous Employment
  • Company:
    Willis Re, Inc.
  • Position(s) and Responsibilities:

    SENIOR VICE PRESIDENT, EXECUTIVE DIRECTOR OF CLIENT SERVICES, 2016- Present
    -Executive oversight and direction of the Client Services of North America

  • Company:
    Zurich Insurance Group, November 2013 - December 2015
  • Position(s) and Responsibilities:

    GLOBAL HEAD OF REINSURANCE RECOVERIES, CLAIMS, AND ASSET MANAGEMENT
    – Executive responsibilities in the oversight of $20 billion in global reinsurance assets including all affiliated and third party assumed and ceded global reinsurance claims across all lines of property and casualty business.
    – Oversaw and managed a global team of 38 individuals including attorneys, accountants, claim handlers, and out-sourced personnel. Eliminated existing silos and built a truly global team.
    – First to develop and execute strategy, governance and best practices for global reinsurance collections, claims and commutations.
    – Oversaw global internal and external counsel handling property and casualty reinsurance coverage issues, arbitrations and litigation. During my whole tenure at Zurich I managed reinsurance arbitrations impacting multi-billions of dollars.
    – Negotiated resolutions for many reinsurance disputes with key customers while maintaining excellent business relationships.
    – Successfully designed and aligned global operations and processes to be lean and efficient.

  • Company:
    Zurich North America, May 1997-October 2013
  • Position(s) and Responsibilities:

    Vice President and Head of Reinsurance Recoveries in North America
    – Designed, hired, and motivated a cross-functional department that successfully managed reinsurance collections of $2.5 billion per year and ceded reserves of over $16 billion across all lines of property and casualty business.
    – Identified and successfully secured over $100 million of missed recoveries from prior years.
    – Designed processes within the department to increase timely cash recoveries and mitigate any potential delays or disputes of reinsurance cessions.
    – Reduced the aged reinsurance recoveries by over 50% in one year and continued to maintain industry leading results of reinsurance recoveries by treating any bill that aged one day past contract terms as an aged recoverable versus the industry standard of 90 days past contract terms.
    – Changed the mindset and culture around reinsurance recoveries so that the team continually secured the best recovery and Schedule F results as compared to all peers in the insurance industry.
    – Created best practices and a strong quality assurance program to successfully manage a diverse team of lawyers, accountants and claim handlers.
    – Coordinated and distributed 60,000 individual reinsurance claim notices per year and 4,000 responses to reinsurer inquiries for all property and casualty claims.
    – Managed sophisticated coverage issues surrounding a diverse volume of property and casualty claims.
    – Collaborated with IT department to design and develop various IT systems and software.

  • Company:
    Argonaut Insurance Company, May 1995 - April 1997
  • Position(s) and Responsibilities:

    Environmental Claim Counsel
    – Environmental claim attorney handling a variety of complex claims including toxic tort, asbestos, product liability, pharmaceutical, medical devices, pollution and excess.
    – Managed the claims, established the reserves, rendered coverage decisions, managed the coverage actions, determined the reinsurance cession, reported to reinsurers and responded to reinsurance inquiries.

  • Company:
    Riebandt & DeWald, P.C., Arlington Heights, Illinois, August 1993 - May 1995
  • Position(s) and Responsibilities:

    Law Associate
    – Attorney representing individuals and corporations in a variety of civil matters including commercial litigation, collections, replevin actions, family law, bankruptcy and personal injury.

  • Company:
    Prairie State Legal Services, Inc., Rockford, Illinois, August 1991 - August 1993
  • Position(s) and Responsibilities:

    Staff Attorney

    Attorney representing low-income individuals in civil matters including, but limited to, landlord-tenant issues and evictions, social security appeals, unemployment issues, and family law.

Credentials
  • Attorney:
    Yes
  • Education:
    Juris Doctorate received 1991
    Licensed to practice law in the State of Illinois and in the Northern District of Illinois
  • Other Information:
    Licensed Attorney since 1991. Previous Officer of the fourth largest P&C company in the world.
Work Experience
  • Insurance Company: 21 years.
    Claim Department: 3 years. Environmental Claim Counsel, Account Specialist
    Ceded Reinsurance Department: 15 years. Global Head and Vice President, Assistant Vice President, Manager
    Assumed Reinsurance Department: 4 years. Global Head of Reinsurance Claims, Vice President, Manager, Claim Counsel
  • Law Firm (Insurance/Reinsurance Practice): 4 years.
    Associate: 4 years. Staff Attorney and Associate
  • Insurance-related Firms: 1 year.
    Broker: 1 year. Sr. Vice President, Executive Director of Client Services , Client Services
Breakdown of Experience
  • Commercial Property
    10%
  • Asbestos
    10%
  • Product Liability
    9%
  • Captives/Risk Retention Groups
    7%
  • Catastrophes (Casualty)
    6%
  • Commercial Liability
    6%
  • Catastrophes (Property)
    6%
  • Commutations
    5%
  • Environmental/Pollution
    5%
  • Toxic Tort
    5%
  • Healthcare
    4%
  • Excess/Surplus Lines
    4%
  • Energy
    3%
  • Bad Faith/ECO
    3%
  • Professional Liability/Errors &, Omissions
    3%
  • Construction Defects
    3%
  • Directors &, Officers
    3%
  • Workers' Compensation
    2%
  • Fidelity &, Surety
    2%
  • Automobile Liability/Property
    2%
  • Accident & Health
    1%
  • Financial Guarantee
    1%
By Market
  • U.S. Market:
    85%
  • U.K. Market:
    6%
  • Bermuda/Off-shore Market:
    4%
  • European Market:
    3%
  • Global Market:
    2%

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

Mediation Experience
  • Number of Mediations
    As Counsel: 2
ARIAS Experience

Workshops, as Trainee: 1; September 2008

Ethics Training, as Trainee: 1; January 2010

ARIAS Conference Faculty: 6; Spring 2007, Spring 2008, Fall 2009, Spring 2011, Spring 2013, Spring 2017

Other Approved Training:

Fall 2014 Educational Seminar - FACULTY

Arbitration Experience

Number of Arbitrations

As an Arbitrator: 23

As an Umpire: 13

As Employee Manager: 128

Arbitrator Experience
Number of Arbitrations
2
Acted as an arbitrator through the organizational meeting or the arbitration has only reached this stage.
15
Acted as an arbitrator through the organizational meeting or the arbitration has only reached this stage and the resolution of significant pre-hearing motions.
3
Acted as an arbitrator through an evidentiary hearing of at least one full day and less than three full days regarding the substantive merits of the parties' dispute.
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.
2
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
2
Acted as an umpire through the organizational meeting or the arbitration has only reached this stage.
7
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 one full day and less than three full days regarding the substantive merits of the parties' dispute.
1
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.
1
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
128
Not available or unwilling to provide. ARIAS recognizes that in an effort to protect the respective company(ies) that you work(ed) for, you may not be able to divulge the status of the arbitrations that you participated in. Indicate such arbitrations here.
Biography