The last session of the 2023 Summer Membership Meeting education program was a presentation by Kenneth K. Suh and Alexander R. Cox of Locke Lord entitled Privacy And Cyber Exposures From The Collection Of Information. A video replay of this presentation is available in the AIRROC On Demand library. Key takeaways from this excellent presentation on the most up-to-date … [Read more...] about Cyber Hype…
AIRROC Events
Produced Water Claims – Making Waves for Legacy
Christopher De Carlo, Senior Technical Advisor, Environmental Insurance and Sandra Gaurin, Vice President – Client Services & Technical Support of the VERTEX Companies, LLC participated in a panel with Brian Margolies of Kaufman Borgeest & Ryan LLP to discuss legacy claims associated with produced water during the July 20, 2023 AIRROC Summer Membership Meeting. A video … [Read more...] about Produced Water Claims – Making Waves for Legacy
Hogan Lovells joins the AIRROC Community!
AIRROC is please to announce the addition of Hogan Lovells to our every expanding group of legacy professionals and extends a warm welcome to them as a new Corporate Partner. AIRROC looks forward to collaborating with Hogan Lovells on a number of initiatives that advance the AIRROC mission and the legacy industry. Hogan Lovells is a global law firm co-headquartered in London … [Read more...] about Hogan Lovells joins the AIRROC Community!
Fortitude Re named AIRROC Team of the Year for 2022
The Association of Insurance and Reinsurance Run-Off Companies (AIRROC) has selected Fortitude Re as the recipient of their annual award for 2022. This is the 18th year that AIRROC has bestowed this annual award. The award was announced on October 17 at AIRROC’s 18th Annual Legacy Transactions Forum in Jersey City, New Jersey. This award is presented each year to recognize … [Read more...] about Fortitude Re named AIRROC Team of the Year for 2022
COVID Coverage Litigation and Its Variants: Where We Are Now and What Lies Ahead
The afternoon education sessions began with COVID Coverage Litigation and Its Variants: Where We Are Now and What Lies Ahead, presented by Julie Nevins, Partner, Stroock Stroock & Lavan; Erika Lopes-McLeman, Partner, Dentons; and Kelly Lloyd Lankford, Counsel, Dentons. Like the virus itself, the coverage litigation of COVID-related insurance claims has been quickly evolving … [Read more...] about COVID Coverage Litigation and Its Variants: Where We Are Now and What Lies Ahead
AIRROC Reunites in October in Jersey City!
We are looking forward to being BACK IN PERSON and seeing all of our legacy colleagues! Register today for AIRROC NJ 2021 – Legacy Transactions and Networking Forum from Sunday, October 17 through Tuesday October 19, 2021. Our trusted event host will again be The Westin Jersey City Newport, located at 479 Washington Boulevard in Jersey City, New Jersey. AIRROC and our host … [Read more...] about AIRROC Reunites in October in Jersey City!
Embedding Racial Equity in the Insurance Industry
On April 21, 2021, AIRROC was thrilled to host a webinar during which a panel of experts in the field of diversity, equity and inclusion (“DEI”) convened for a frank discussion on racial equity in the insurance industry. The panelists were: Brett Carter, MBA, a Managing Director for The Jacobson Group's executive search team, where he manages C-Level, vice president and … [Read more...] about Embedding Racial Equity in the Insurance Industry
Captive Virtual Symposium: Run-off in Focus
Run-off in Focus 15:00 - 16:00 BST | 16:00 - 17:00 CET | 10:00 - 11:00 EST | 09:00 - 10:00 CST | 07:00 - 08:00 PST Run-off now and into the future, how it has evolved Types of run-off captive transactions Case studies of run-off transactions and how they worked Emerging risks and run-off opportunities Moderator: • Carolyn Fahey, Executive … [Read more...] about Captive Virtual Symposium: Run-off in Focus
AIRROC Work From Home Webinar Series
Working from home is a dramatic change for many but AIRROC’s summer series of webinars makes a huge splash keeping members updated and connected. AIRROC’s Work From Home webinars continued to garner significant participation from our members and included a diverse range of topics and emerging trends, which were originally scheduled for the NYC and … [Read more...] about AIRROC Work From Home Webinar Series
Tips on How to Settle a Workers’ Compensation Claim
This will be the first in a series of brief articles by Greg Gitter with Legacy Claims Solutions; roughly based on the presentations he has given at AIRROC events, the articles portray the stories he uses to illustrate techniques he has developed to assist companies in resolving “old dog” workers' compensation exposures. The claimant’s wife is clearly not happy. … [Read more...] about Tips on How to Settle a Workers’ Compensation Claim
Why Should an Entity Cede WC Retentions?
Our Panel of national experts explored the current marketplace for transferring WC liabilities and the competitive pressures that are driving an interest in loss portfolio transfers. Swiss Re’s Ethan Vaughan moderated the opening educational session, “Why Should an Entity Cede WC Retentions?”, which explored the current marketplace for transferring WC liabilities and … [Read more...] about Why Should an Entity Cede WC Retentions?
AIRROC Person of the Year: David Scasbrook
AIRROC is honored to remember David Scasbrook of Swiss Re with Person of the Year Award. A fitting tribute to an industry giant who will be very missed. Don't count the days, make the days count. ― Muhammad Ali It is with profound sadness and deepest respect that the AIRROC community remembered and honored David Scasbrook at this year’s 15th Annual AIRROC NJ Legacy … [Read more...] about AIRROC Person of the Year: David Scasbrook
Insurance Business Transfer – What now?
An esteemed panel discusses the relatively new legal frameworks that provide legal finality and a further exit solution in addition to the well tested and accepted Loss Portfolio Transfer mechanism. For the optimistic, passionate and inquisitive IBT enthusiasts, the last panel of the Education Day in Jersey City this year must have been an hour of … [Read more...] about Insurance Business Transfer – What now?
AIRROC Congratulates Joe Angelina and Melissa Navrot – Recipients of the 2019 Trish Getty Scholarship
AIRROC is please to present the 8th Annual Trish Getty Scholarship to two very deserving St. Joseph University students, Joseph Angelina and Melissa Navrot. AIRROC presented the Trish Getty Scholarship to two very deserving St. Joseph University students this year. The scholarship was founded to honor the contributions of AIRROC’s first Executive Director. … [Read more...] about AIRROC Congratulates Joe Angelina and Melissa Navrot – Recipients of the 2019 Trish Getty Scholarship
AIRROC Returns to Jersey City for the 15th Annual NJ Legacy Transactions and Networking Forum
Still Time to Register for AIRROC’s Biggest Event of the Year! It’s not too late to register for AIRROC’s biggest event of the year! Join us from Sunday, October 20 to Wednesday, October 23, 2019. The AIRROC Board of Directors looks forward to seeing you at the upcoming forum. This year we return to The Westin Jersey City Newport, located at 479 … [Read more...] about AIRROC Returns to Jersey City for the 15th Annual NJ Legacy Transactions and Networking Forum
Runoff Deal Market Forum – Season 2
Back by popular demand, AIRROC and Mayer Brown, presented a new episode in the ongoing market drama that portrays the evolution of dynamic options for creating value out of “has-been” books of business. Building on last season (June 2018), a stellar cast of players in the Runoff Market --- some new faces, some returning from last season, brought the market scene to life. … [Read more...] about Runoff Deal Market Forum – Season 2
The Weather was HOT and so was AIRROC’s Summer Membership Meeting…
As we do annually, AIRROC members met at the offices of Norton Rose Fulbright to work on their goals and also to take in some new topics offered by our Education Committee and partner firms. First up we featured a look at Captives and Emerging Risks. What do Legacy business and captive market transactions have in common? The ability to evaluate and manage the exposures … [Read more...] about The Weather was HOT and so was AIRROC’s Summer Membership Meeting…
Do the Right Thing
It was a record breaking attendance at the AIRROC Spring Membership Meeting on March 5 & 6. Hosted at the offices of Norton Rose Fulbright in New York City, members held meetings and also heard from great education panels. Read on for highlights for this particular session. Doing the right thing is easy . . . isn’t it? Not always. When it comes to environmental … [Read more...] about Do the Right Thing
On-Demand, Usage-Based, and Micro Insurance
It was a record breaking attendance at the AIRROC Spring Membership Meeting on March 5 & 6. Hosted at the offices of Norton Rose Fulbright in New York City, members held meetings and also heard from great education panels. Read on for highlights for this particular session. Karen Borg and Randi Ellias of Porter Wright Morris & Arthur LLP moderated a panel discussion … [Read more...] about On-Demand, Usage-Based, and Micro Insurance
Exploring the Evolving Role of FinTech and InsureTech on Runoff Issues
It was a record breaking attendance at the AIRROC Spring Membership Meeting on March 5 & 6. Hosted at the offices of Norton Rose Fulbright in New York City, members held meetings and also heard from great education panels. Read on for highlights for this particular session. Richard J. Fabian (SVP, General Counsel and Chief Strategy Officer of Riverstone) and Huhnsik … [Read more...] about Exploring the Evolving Role of FinTech and InsureTech on Runoff Issues