Insurance vs. Reinsurance: 30/70%
Treaty vs. Facultative Reinsurance: 65/35%
Current Insurance or Reinsurance Company Director
Ethics Training, as Trainee: 2; February 2009; September 2011
ARIAS Conference Faculty: 4; Spring 2011, Spring 2012, Fall 2014, Spring 2017
Number of Arbitrations
As an Arbitrator: 16
As an Umpire: 10
As Outside Counsel: 49
As Employee Manager: 5
In his more than 40 years of corporate and private practice, Jonathan Bank has been involved in all phases of insurance and reinsurance transactions. He has worked on numerous insurance insolvencies, including the representation of liquidators/provisional liquidators in many of the largest domestic & foreign insurance insolvencies/restructurings. He has been involved in numerous arbitrations/litigation as counsel involving assumption reinsurance, cut-through endorsements, follow-the-fortunes, bad faith and issues regarding occurrences and transfer of risk.
Jonathan was the Senior Vice President of both Tawa Associates Ltd, a company formed to acquire, restructure and manage insurance companies in run off & its subsidiary, CX Reinsurance Co Ltd. Prior to that, Jonathan was the Insurance Practice Leader of PricewaterhouseCoopers’ US insurance/reinsurance regulatory and restructuring practice.Previously he was the General Counsel of Argonaut Insurance Company.
Jonathan has spoken at many conference/seminars, including those sponsored by the RAA, the Guernsey Captive Forum, the IRU,the Excess/Surplus Lines Claims Association, and he organized/chaired/co-chaired the first two Mealey’s Insurance Insolvency and Reinsurance Roundtable conferences as well as Mealey’s Run Off Conference, Mealey’s Corporate Counsel Conference and Mealey’s Global Reinsurance Forum. He co-chaired the Educational Session of the 2007 AIRROC/Cavell Commutations Event.
Jonathan testified before the Finance and Insurance Committee of the California Assembly on Reinsurance, has served as an arbitrator and umpire in reinsurance arbitrations. He is a Certified Arbitrator of ARIAS-US, and a panel member of the American Arbitration Association.
He is a past member of the Board of Directors of Platinum Underwriters Holdings, Ltd. and Security Capital Assurance, Ltd (now Syncora Holdings, Ltd) and currently on the Board of PXRE Reinsurance Company.