Spiro K. Bantis
Current Employment
  • Company:
    London Fischer LLP
  • Position(s) and Responsibilities:

    Partner, Insurance and Reinsurance Practice Group; Chair -Insurance Coverage and Reinsurance, and Insurance Regulatory / Compliance Groups

  • Address:
    59 Maiden Lane
    New York, NEW YORK 10038
  • Phone:
    212-331-9560
  • Cell:
    917-696-1437
  • Fax:
    212-972-1030
  • Email:
  • Website:
    www.londonfischer.com
Offering Services as Expert Witness in:
Directors Officers Liability Claims, Employment Claims, Errors and Omissions Claims, Fidelity/Surety Claims, Insurance Claims, Liability Claims, Medical Malpractice Claims, Pollution Claims, Professional Liability Claims, Reinsurance Claims, Coverage / Contract Interpretation, Regulatory / Compliance, Reinsurance Contract Wording
Previous Employment
  • Company:
    Gulf Insurance Group (part of Travelers Group)
  • Position(s) and Responsibilities:

    Executive Vice President, General Counsel and Chief Claims Officer, responsible for all legal and claims affairs for Gulf’s domestic and international operations.

Credentials
  • Attorney:
    Yes
  • Education:
    Admitted to practice in New York State Courts; admitted in Federal Courts – Southern and Eastern Districts of New York.
  • Languages:
    Spanish, Greek
  • Other Information:
    Mr. Bantis has spoken extensively on insurance and reinsurance issues, including at conferences sponsored by ARIAS-US, ExecuSummit, PLUS and the Mutual Funds/Investment Management Industry.
Work Experience
  • Insurance Company: 16 years.
    Legal Department: 4 years.
    Executive Officer (CEO, COO, CFO, Chief Actuary): 12 years.
  • Law Firm (Insurance/Reinsurance Practice): 20 years.
    Partner: 16 years.
    Associate: 4 years.
Breakdown of Experience
  • Directors &, Officers
    10%
  • Asbestos
    10%
  • Professional Liability/Errors &, Omissions
    10%
  • Bad Faith/ECO
    10%
  • Excess/Surplus Lines
    10%
  • Environmental/Pollution
    10%
  • MGA/MGU
    10%
  • Fidelity &, Surety
    5%
  • Toxic Tort
    5%
  • Third Party Administrator
    5%
  • Regulatory/Licensing
    5%
  • Libel/Slander/Media Liability
    5%
  • Contract Wording
    5%
By Market
  • U.S. Market:
    75%
  • U.K. Market:
    15%
  • Bermuda/Off-shore Market:
    10%

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

Mediation Experience
  • Number of Mediations
    As Counsel: 42
ARIAS Experience

Ethics Training, as Trainee: 1; September 2009

ARIAS Conference Faculty: 1; Spring 2017

Arbitration Experience

Number of Arbitrations

As an Arbitrator: 111

As an Umpire: 5

As Outside Counsel: 22

As Employee Manager: 20

Arbitrator Experience
Number of Arbitrations
20
Appointed as an arbitrator.
22
Acted as an arbitrator through the organizational meeting or the arbitration has only reached this stage.
26
Acted as an arbitrator through the organizational meeting or the arbitration has only reached this stage and the resolution of significant pre-hearing motions.
7
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.
6
Acted as an arbitrator through an evidentiary hearing of at least three full days regarding the substantive merits of the parties' dispute.
11
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.
19
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
Appointed as an umpire.
1
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 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 an evidentiary hearing of at least three full days regarding the substantive merits of the parties' dispute.
Lead Counsel Experience
Number of Arbitrations
5
Retained and Acted as Lead Counsel, up to, but not including, the organizational meeting or the arbitration has only reached this stage.
6
Acted as Lead Counsel through the organizational meeting or the arbitration has only reached this stage and the resolution of significant pre-hearing motions.
9
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.
2
Acted as Lead Counsel through to an evidentiary hearing of at least three full days regarding the substantive merits of the parties' dispute.
Employee Manager Experience
Number of Arbitrations
6
Employee Manager of arbitration.
8
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.
3
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.
3
Employee Manager of arbitration through evidentiary hearing of at least three full day regarding the substantive merits of the parties' dispute.
Biography

Spiro K. Bantis has been in the insurance/reinsurance industry for more than 35 years, having extensive experience in the conduct and resolution of insurance and reinsurance disputes, handling claims for both the domestic US and Lloyd’s markets. Additionally, in the last 15 years, Mr. Bantis has devoted a significant portion of his practice to providing expert commentary in matters involving insurance and reinsurance issues, as well as serving as an arbitrator in numerous insurance and reinsurance disputes and has been certified as such by ARIAS-US. He also regularly counsels insurance and reinsurance companies and brokers on various aspects of their business, including claims, product development/policy drafting and regulatory matters. In addition, Mr. Bantis has received the highest possible rating (AV Preeminent) from Martindale-Hubbell.

Prior to joining London Fischer LLP in 2004, Mr. Bantis served as Executive Vice President and General Counsel of Gulf Insurance Group (a member of Travelers) in New York City. In such capacity, he was responsible for all legal affairs for Gulf’s operations, including claims/litigation, claims operations and systems, corporate mergers and acquisitions, insurance regulatory affairs, product development and underwriting assessment, agency and reinsurance contract drafting and arbitrations. Mr. Bantis also formed and helped manage Gulf’s Lloyd’s and other international operations.