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Profile
Mark T. Megaw
Current Employment
  • Company:
    Reinsurance Umpire
  • Position(s) and Responsibilities:

    Currently serving in umpire (neutral) roles only.

  • Address:
    6107 Indian Ridge Drive
    Earlysville, VIRGINIA 22936 United States
  • Phone:
    434 242 1778
  • Cell:
    434 242 1778
Previous Employment
  • Company:
    Chubb
  • Position(s) and Responsibilities:

    Director of Reinsurance Litigation- Ceded and Assumed Dispute management, active and run-off, worldwide, including fac and treaty business. I also served as General Counsel for the runoff of life and annuity books.

  • Company:
    ACE Group Holdings
  • Position(s) and Responsibilities:

    Director of Reinsurance Litigation; Directs ceded and assumed disputes on reinsurance matters, active and runoff property and casualty business, worldwide for the ACE Group of Companies. Disputes included fac and treaty business. I also served as the General Counsel for ACE Group of their runoff life and annuity books.

  • Company:
    ACE Tempest Re Group
  • Position(s) and Responsibilities:

    General Counsel to assumed reinsurance group of companies, including work on contract drafting worldwide, and dispute management for life, annuity and property (Catastrophe and otherwise) and casualty business.

  • Company:
    CIGNA Re
  • Position(s) and Responsibilities:

    4 years as Director of European Contracts; London-based role managing primarily European and UK-based runoff contracts. These involved retroceded and assumed business, including aviation, marine and non-marine. All business was property and casualty. I also provided counsel to CIGNA's UK-based active ceded reinsurance business.

Credentials
  • Attorney:
    No
  • Education:
    Since January 2007 I have been an ARIAS Certified Arbitrator. As noted below, I attended the University of Virginia from 1978-1982, and the University of Houston Law Center from 1983-1986.
  • Degrees:
    University of Virginia (BA, English, minor in Environmental Science, 1982); University of Houston Law Center (JD, 1896)
  • Designations:
    Retired from practice of law in 2016. Previously licensed in Pennsylvania from 1990-2016 and in Texas, 1986-1989.
  • Languages:
    English
Work Experience
  • Insurance Company: 18 years.
    Legal Department: 18 years. Director of Reinsurance Litigation(16 years); General Counsel to Direct Insurance for Property, Casualty and Aviation Lines (2 years)
  • Reinsurance Company: 8 years.
    Legal Department: 6 years. General Counsel ACE Tempest Re Group- 4 (Bermuda-base); CIGNA Re UK General Counsel - 2
    Ceded Re: 2 years. UK -based Director of European Contracts
  • Law Firm (Insurance/Reinsurance Practice): 3 years.
    Associate: 3 years. Bracewell and Guiliani (fka Bracewell and Patterson) - Houston, Texas
  • Independent/Other Relevant Experience: 1 year.
    Independent/Unaffiliated Arbitrator, Umpire and/or Mediator: 1 year. Umpire
Breakdown of Experience
  • Asbestos
    20%
  • Catastrophes (Property)
    10%
  • Accident & Health
    5%
  • Environmental/Pollution
    5%
  • Third Party Administrator
    5%
  • Professional Liability/Errors &, Omissions
    5%
  • MGA/MGU
    5%
  • Aviation
    5%
  • Long Term Disability
    5%
  • Life
    5%
  • Insolvencies
    5%
  • Financial Guarantee
    5%
  • Workers' Compensation
    4%
  • Bad Faith/ECO
    3%
  • Directors &, Officers
    3%
  • Commercial Property
    3%
  • Captives/Risk Retention Groups
    3%
  • Political Risk
    2%
  • Finite
    2%
By Market
  • U.S. Market:
    55%
  • U.K. Market:
    20%
  • Bermuda/Off-shore Market:
    15%
  • European Market:
    5%
  • Global Market:
    5%

Insurance vs. Reinsurance: 10/90%
Treaty vs. Facultative Reinsurance: 75/25%
Former Insurance or Reinsurance Company Officer
Former Insurance or Reinsurance Company Director

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

Long Range Planning committee member: 1 year

Workshops, as Trainee: 1; September 2006

Ethics Training, as Trainee: 1; March 2010

ARIAS Conference Faculty: 5; Spring 2006, Fall 2007, Spring 2010, Spring 2011, Spring 2014

Other Approved Training:

March 2013 Educational Seminar - FACULTY

Arbitration Experience

Number of Arbitrations

As an Umpire: 8

As Outside Counsel: 5

As Employee Manager: 167

As Corporate Representative: 2

Umpire Experience
Number of Arbitrations
4
Appointed as an umpire.
2
Acted as an umpire through the organizational meeting or the arbitration has only reached this stage.
1
Acted as an umpire through the organizational meeting or the arbitration has only reached this stage and the resolution of significant pre-hearing motions.
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.
Lead Counsel Experience
Number of Arbitrations
4
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 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.
Employee Manager Experience
Number of Arbitrations
40
Employee Manager of arbitration.
27
Employee Manager of arbitration through the organizational meeting or the arbitration has only reached this stage.
25
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.
25
Employee Manager of arbitration through pre-hearing briefs.
25
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.
25
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
1
Company Representative in arbitration through pre-hearing briefs.
1
Company Representative in arbitration through evidentiary hearing of at least three full days regarding the substantive merits of the parties' dispute.
Biography

Former Director of Reinsurance Litigation for Chubb (formerly ACE Group). Former General Counsel to the ACE Tempest Re Group, including life and property and casualty assumed reinsurance companies. Previously based in London (4 years), Bermuda (4 years) and Philadelphia. Retired lawyer.