Margarita Echevarria
Current Employment
  • Company:
    M. Echevarria, ADR LLC. (Arbitration and Mediation)
  • Position(s) and Responsibilities:

    Arbitrator/Mediator for commercial matters including Insurance.

  • Address:
    43 W 43rd Street, Ste 178
    New York, NEW YORK 10036 United States
  • Phone:
  • Email:
Previous Employment
  • Company:
    Mutual Benefit Life Insurance Company
  • Position(s) and Responsibilities:


    Responsible for managing litigation, claims, regulatory relations, product development/marketing, contract drafting for Insurance and Reinsurance (including Assumption Reinsurance Agreement for MBL in Rehabilitation) agreements and technology agreements. Handled insolvency issues when company went bankrupt. Managed self-insured Workers Compensation Program. President of NJ Self-Insurer’s Association.

  • Company:
    Prudential Insurance Company
  • Position(s) and Responsibilities:

    Chief Compliance Officer, Group Insurance

    Managed insurance compliance program for Group Division including developing team, organization, and training. Also, managed Individual Insurance matters.

  • Company:
    GE Financial Assurance
  • Position(s) and Responsibilities:

    Vice President and Associate General Counsel

    Responsible for counseling all departments for two New York subsidiaries distributing life, health and annuity products through banks, wire houses, career, and brokerage general agencies. Drafted, interpreted, and developed insurance agreements and handled litigation. Also responsible for corporate governance matters as Assistant Secretary to the Board of Directors.

  • Company:
    HSBC Insurance Services
  • Position(s) and Responsibilities:

    Senior Vice President and Chief Compliance Officer

    Responsible for domestic and offshore insurance programs for multi-line business including reinsurance subsidiaries and captive insurance program. Subsidiaries included Sales Agency licensed in 49 states distributing life and casualty products, Title Insurance Agency distributing commercial title insurance in NY, and Reinsurance entities transacting mortgage, life, annuity, and creditor life reinsurance. Also, Anti-Money Laundering Officer for Insurance Services.

  • Company:
  • Position(s) and Responsibilities:

    Vice President and Chief Compliance Officer

    Responsible for delivering a highly effective Insurance Compliance program consistent with Federal Reserve requirements for life insurance, variable life and annuities, after-tax annuities, education savings, and distribution of products (proprietary and non-proprietary) through registered investment advisors, a broker-dealer and independent marketing agents. Advisor to Life Insurance and Agency entity Boards of Directors and member of several Risk Committees. Advisor on all sales, product development, and major contracting (for eg. reinsurance contracts) initiatives.

  • Attorney:
  • Education:
    Rutgers-State University of New Jersey, Law School, Newark: JD
    Rutgers-State University of New Jersey, Newark College of Arts & Sciences: BA
    Admitted to practice in New York & New Jersey.
  • Designations:
    Mediator Training Certification, New York City Bar Association
    Arbitrator Training, ARIAS-US, FINRA, AAA, CPR

    Arbitrator and Mediator, American Arbitration Association (AAA), Commercial Panel; Member of FINRA Commercial Arbitration Panel; Member of Arbitration Panel of International Institute for Conflict Prevention/Resolution (CPR); Member of Arbitration Panel for Resolute Systems; Certified ARIAS-U.S. Arbitrator. NY & NJ Courts Mediator, USDC-NJ Arbitrator, Member of National Academy of Distinguished Neutrals-NY Chapter.
  • Languages:
Work Experience
  • Insurance Company: 37 years.
    Legal Department: 37 years. Legal Departments: Counsel, VP, at Mutual Benefit Life Insurance Company (MBL) and GE Financial Assurance (GEFA). Corporate Secretary at GEFA. Workers Compensation Manager at MBL. Compliance Departments: Chief Compliance Officer, VP or SVP, Prudential, HSBC & TIAA.
  • Independent/Other Relevant Experience: 25 years.
    Other : 5 years. Mediator
    Independent/Unaffiliated Arbitrator, Umpire and/or Mediator: 20 years. Umpire
Breakdown of Experience
  • Contract Wording
  • Regulatory/Licensing
  • Life
  • Commercial Liability
  • Commercial Property
  • Workers' Compensation
  • Disability
  • Professional Liability/Errors &, Omissions
  • Personal Lines
  • Excess/Surplus Lines
  • Employment Practices Liability
  • Commutations
  • Construction Defects
  • Political Risk
  • Insolvencies
  • Accident & Health
  • Asbestos
  • Captives/Risk Retention Groups
  • Automobile Liability/Property
Mediation Experience
  • Number of Mediations
    As Mediator: 30
Arbitration Experience

Number of Arbitrations

As an Umpire: 1

Umpire Experience
Number of Arbitrations
Acted as an umpire through an evidentiary hearing of at least three full days regarding the substantive merits of the parties' dispute.

Margarita has worked in the insurance industry since 1979 as either in-house counsel or a Chief Compliance Officer for major multi-line insurance carriers and a global bank. In addition to the broad exposure to various products and markets required in her capacity as an insurance executive for these firms, her roles required advising the different operational and administrative units such as Product Development, Underwriting, Marketing, Policyholder Service, Claims, Licensing, Sales and Actuarial on their legal, regulatory, and contractual concerns. Her experience as an advisor included offshore programs, captive insurance, and online sales. Her roles also required active membership on several risk committees concerned with investment policy, business strategy, and operational risks such as the Asset & Liability, Operations Risk and Executive Committees. Her in-depth knowledge of the legal and regulatory requirements for insurers and insurance products facilitated her role as an adjunct professor of US Insurance Law at Seton Hall Law School.

Margarita is active in the Section on Dispute Resolution, Arbitration Committee of the American Bar Association having served as Membership Co-Chair, Women in Dispute Resolution having served as Co-Chair of the Regional Chairs, and a member of the Section on Dispute Resolution of the NY State Bar Association, currently serving as Co-Chair of the Securities Arbitration Committee for the Commercial-Federal Litigation Section. She is Vice-President of the NJ Association of Professional Mediators.

Admitted to practice in New Jersey and New York.

Number of Arbitrations: 94. Have been a sole arbitrator, wing arbitrator, or umpire. I have been responsible for organizational meetings, the evidentiary hearing and drafting a final Award.