Insurance vs. Reinsurance: 20/80%
Treaty vs. Facultative Reinsurance: 75/25%
Current Insurance or Reinsurance Company Officer
Former Insurance or Reinsurance Company Director
Workshops, as Faculty: 3; November 2004, March 2012
ARIAS Conference Faculty: 1; 2009 Spring Conference
Other Approved Training: Webinar Moderator - September 2014,
Webinar Moderator - September 2014,
Number of Arbitrations
As an Arbitrator: 8
As an Umpire: 2
As Outside Counsel: 30
As Employee Manager: 20
As Corporate Representative: 1
Frank J. DeMento is an experienced insurance and reinsurance lawyer and insurance company executive. Currently, he is Vice President and Claims Manager at TransRe. Prior to joining TransRe, Mr. DeMento was Senior Counsel in the insurance and reinsurance group of Crowell and Moring LLP. He also was a Vice President and the head of run-off claims, the head of retroceded claims, and claims counsel for XL Reinsurance America, Inc. Before that, Mr. DeMento was a partner in the insurance and reinsurance litigation group at Mendes and Mount, LLP.
Mr. DeMento has been a member of ARIAS since 2003. He was also a member of the board of directors of ROM Reinsurance Management Co., Inc. for six years and served as its chairman. Mr. DeMento also served as a member of the board of directors of the Association of Insurance and Reinsurance Run-off Companies (AIRROC) for three years and served as co-chairman on its education committee. Further, Mr. DeMento serves on the education, claims, and governance committees of the Intermediaries & Reinsurance Underwriters Association. Additionally, Mr. DeMento holds the following industry designations: Associate in Reinsurance; Chartered Property Casualty Underwriter; and Certified Legacy Insurance Professional.
Mr. DeMento received his undergraduate degree from Washington and Lee University and his Juris Doctor degree from St. John’s University School of Law. He is licensed to practice law in New York and Tennessee and was previously licensed as authorized house counsel for XL Re in Connecticut.