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Profile
Paul Braithwaite
Current Employment
  • Company:
    FTI Consulting
  • Position(s) and Responsibilities:

    Senior Managing Director, Practice Co-Leader
    Global Insurance Services

  • Address:
    3 Times Square, 9th Floor
    New York, NEW YORK 10036
  • Phone:
    212-499-3659
  • Fax:
    212-841-9350
  • Email:
  • Website:
    www.fticonsulting.com
Offering Services as Expert Witness in:
Automobile Underwriting, Automobile Warranty Underwriting, Casualty Underwriting, Directors and Officers Liability Underwriting, Excess of Loss Reinsurance Agreements, Facultative Certificates, Fidelity/Surety Underwriting, Liability Underwriting, Medical Malpractice Underwriting, Professional Liability Underwriting, Pro Rata / Quota Share Reinsurance Agreements, Reinsurance Underwriting, Workers Comp Underwriting, Accident and Health Claims, Asbestos Claims, Directors Officers Liability Claims, Errors and Omissions Claims, Fidelity/Surety Claims, Health Hazard Claims, Medical Malpractice Claims, Pollution Claims, Professional Liability Claims, Surety Claims, Reinsurance Claims, Toxic Tort Claims, Workers Compensation Claims, Accounting, Actuarial, Audit / Records Inspection, Captives, Commutations, Coverage / Contract Interpretation, Financial Guarantees, Finite / Financial Reinsurance / Alternative Risk, Fronting Arrangements, Industry Loss Warranties, Insolvencies, Life Reinsurance, Mortgage Reinsurance, Reinsurance Contract Wording, Surplus Relief Contracts
Previous Employment
  • Company:
    Navigant Consulting (2005-2009)
  • Position(s) and Responsibilities:

    Managing Director,
    Insurance Services Practice

  • Company:
    Zurich Reinsurance (also known as ZRC and Converium Re) - 1993-2004
  • Position(s) and Responsibilities:

    Senior Vice President & Chief Underwriting Officer, with global responsibility for several specialty lines of business. Previously served as Chief Actuary and Senior Vice President – Pricing.

  • Company:
    Home Insurance Company – 1987-93
  • Position(s) and Responsibilities:

    Assistant to the Chairman; Vice President with responsibility for the Actuarial Department; Vice President, Underwriting — New Ventures. Involved in purchases of reinsurance contracts and sale of USI Re.

  • Company:
    Insurance Services Office, Inc. – 1977-87
  • Position(s) and Responsibilities:

    Vice President responsible for the Actuarial Development Department, a unit of 50+ actuaries that developed industry financial studies, econometric models, rating factors for large policy limits of coverage and a variety of other special studies.

Credentials
  • Attorney:
    No
  • Education:
  • B.S. Applied Mathematics, Brown University
  • M.B.A. Finance, New York University
  • Designations:
  • Fellow, Casualty Actuarial Society
  • Member, American Academy of Actuaries
  • Member, International Actuarial Association
  • Member, Professional Liability Underwriting Society
  • Other Information:
  • President of the Casualty Actuarial Society, 2005
  • Chairman, Casualty Actuarial Society Board of Directors, 2006
  • Member, International Actuarial Association Reinsurance Subcommittee, 2004-2014; Vice-Chair 2011-2013
  • Member, International Actuarial Association Enterprise and Financial Risks Committee, 2006-present
  • Member, Actuarial Standards Board General Committee, 2011-2014
  • Frequent speaker and published author
  • Co-authored "Pricing Extra-Contractual Obligations and Excess of Policy Limits Exposures in Clash Reinsurance Treaties", CAS Forum, 1997
  • Experienced expert witness in insurance and reinsurance disputes
  • Work Experience
    • Insurance Company: 6 years.
      Underwriting Department: 1 year. Vice President - New Ventures
      Executive Officer (CEO, COO, CFO, Chief Actuary): 5 years. Vice President - Actuarial; Assistant to the Chairman
    • Reinsurance Company: 11 years.
      Executive Officer (CEO, COO, CFO, Chief Actuary): 5 years. Chief Underwriting Officer, Chief Actuary
      Actuarial Department: 6 years. Senior Vice President - Pricing
    • Insurance-related Firms: 20 years.
      Consultant: 10 years. Entry level to Vice President at Insurance Services Office, Inc. , Actuarial
      Consultant: 4 years. Managing DIrector , Insurance/Reinsurance Practice
      Consultant: 6 years. Senior Managing Director , Global Insurance Services
    Breakdown of Experience
    • Workers' Compensation
      8%
    • Professional Liability/Errors &, Omissions
      8%
    • Asbestos
      8%
    • Finite
      8%
    • Directors &, Officers
      5%
    • Product Liability
      5%
    • Accident & Health
      5%
    • Environmental/Pollution
      4%
    • Personal Lines
      4%
    • MGA/MGU
      4%
    • Automobile Liability/Property
      4%
    • Agricultural
      4%
    • Bad Faith/ECO
      3%
    • Toxic Tort
      3%
    • Excess/Surplus Lines
      3%
    • Fidelity &, Surety
      3%
    • Commutations
      3%
    • Employment Practices Liability
      2%
    • Catastrophes (Casualty)
      2%
    • Contract Wording
      2%
    • Financial Guarantee
      2%
    • Alternative/Self-Insurance/Risk Management
      2%
    • Captives/Risk Retention Groups
      2%
    • Catastrophes (Property)
      2%
    • Insolvencies
      1%
    • Third Party Administrator
      1%
    • Regulatory/Licensing
      1%
    • Architects &, Engineers
      1%
    By Market
    • U.S. Market:
      85%
    • U.K. Market:
      6%
    • Bermuda/Off-shore Market:
      5%
    • European Market:
      2%
    • Global Market:
      2%

    Insurance vs. Reinsurance: 50/50%
    Treaty vs. Facultative Reinsurance: 95/5%

    ARIAS Experience

    Workshops, as Trainee: 1; March 2007

    Ethics Training, as Trainee: 1; April 2010

    ARIAS Conference Faculty: 1; Spring 2017

    Arbitration Experience

    Number of Arbitrations

    As an Arbitrator: 1

    As an Umpire: 1

    Arbitrator Experience
    Number of Arbitrations
    1
    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
    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.
    Biography