The Association of Insurance and Reinsurance Run-Off Companies (AIRROC) has selected Paul Brockman, Enstar Group’s Chief Operating Officer and Chief Claims Officer, as the recipient of their annual “Person of the Year” award for 2023. This is the 19th year that AIRROC has bestowed this annual award. The award was announced on October 16 at AIRROC’s annual Legacy Transactions … [Read more...] about Paul Brockman named AIRROC “Person of the Year” for 2023
AIRROC News
NextGen Council Corner
The NextGen Council is excited to launch its latest initiative! September is the kick-off of the AIRROC NextGen #WhatIsLegacy series on LinkedIn. With the goal to spread awareness about the Legacy space and the opportunity it offers, NextGen is featuring comments from Legacy professionals about their own industry. Check out some of the early comments from well-known industry … [Read more...] about NextGen Council Corner
The AIRROC 19TH Annual NJ Legacy Transactions and Networking
Registration is now Open! AIRROC looks forward to reuniting with our legacy colleagues from Sunday, October 15 through Tuesday October 17, 2023. The legacy sector’s “must attend” event offers many of the highlights we all expect as well as some new additions to the schedule this year. Changes include offering a Mexican Fiesta dinner as our delegates arrive on Sunday, Robert … [Read more...] about The AIRROC 19TH Annual NJ Legacy Transactions and Networking
Where Are They Now? 2019 Trish Getty Scholarship recipient: Melissa Navrot
Established in 2012, an annual scholarship in honor of Trish Getty, founding Executive Director of AIRROC, is awarded to one exceptional undergraduate student studying insurance, risk management or actuarial science. AIRROC’s NextGen decided to catch up with a few past recipients and highlight where their careers have taken them. Natalie Weedman of the AIRROC NextGen Council … [Read more...] about Where Are They Now? 2019 Trish Getty Scholarship recipient: Melissa Navrot
Meet Our New Board Members
AIRROC is excited to introduce our newest Board Members and share a little about how they became involved with AIRROC and why they are passionate about the work we are doing for the legacy community. The AIRROC Board is comprised of a dedicated team of experienced industry leaders that channel their talent and energy into furthering our mission. Please join us in welcoming … [Read more...] about Meet Our New Board Members
Where Are They Now? 2020 Trish Getty Scholarship recipient: Ashley Martin
This is the second installment of the "Where Are They Now?" series that reunites with past recipients of the Trish Getty Scholarship to find out where their careers have taken them. Established in 2012, the Scholarship is an annual monetary award in honor of the founding Executive Director of AIRROC. The Scholarship is awarded to an undergraduate student studying insurance, … [Read more...] about Where Are They Now? 2020 Trish Getty Scholarship recipient: Ashley Martin
AIRROC Welcomes Two New Members and a New Corporate Partner
AIRROC is pleased to announce the addition of two new members, Quest Group and Xitus Insurance Holdings USA, as well as Simpson Thacher & Bartlett LLP as a new Corporate Partner. AIRROC is delighted to expand its network with this group and extends a warm welcome to its new members along with its newest corporate partner. This line-up not only showcases the mix of global … [Read more...] about AIRROC Welcomes Two New Members and a New Corporate Partner
Smith Gambrell Russell and Freeborn & Peters Complete Combination to Create Global Am Law 150 Firm
ATLANTA and CHICAGO (April 1, 2023) – Smith, Gambrell & Russell, LLP and Freeborn & Peters, LLP announced today that they have completed their combination, effective April 1, creating a global Am Law 150 law firm operating under the Smith Gambrell Russell name. The combined firm is led by SGR managing partner and executive committee chair, Stephen M. Forte, with legacy … [Read more...] about Smith Gambrell Russell and Freeborn & Peters Complete Combination to Create Global Am Law 150 Firm
Where AI Can Make Dramatic Impacts in Run-Off Transactions
The 2023 Spring Membership Meeting education program included a presentation on the hot topic of artificial intelligence. Rooney Gleason, Chief Insurance Officer at Evolution IQ and Adam Fisher, Chief Data Officer at Sedgwick served as panelist with Marcus Doran, Senior Director Commutations at AIG as the moderator. A video replay of this presentation is available in the … [Read more...] about Where AI Can Make Dramatic Impacts in Run-Off Transactions
What’s new with the AIRROC DRP?
We have all heard and read: “AIRROC’s Vision is to be the most valued (re)insurance industry educator and network provider for issue resolution and creation of optimal exit strategies.” That phrase is recited at every AIRROC Board meeting. AIRROC’s educational content and its networking forums are the instrumentalities of that vision. But, while those events help us build a … [Read more...] about What’s new with the AIRROC DRP?
Where Are They Now? 2017 Trish Getty Scholarship recipient: Samantha String
Established in 2012, an annual scholarship in honor of Trish Getty, founding Executive Director of AIRROC, is awarded to one exceptional undergraduate student studying insurance, risk management or actuarial science. After presenting the award to our newest recipient Lori-Ann Knight at the October 2022 AIRROC Conference, we wanted to catch up with a few prior recipients. … [Read more...] about Where Are They Now? 2017 Trish Getty Scholarship recipient: Samantha String
AIRROC Continues to Build its Network Welcoming New Member and Corporate Partner
AIRROC extends a warm welcome to the Illinois Department of Insurance as a new Member and Chaffetz Lindsey as a new Corporate Partner. What a terrific way to start off 2023 by expanding our network with the addition of these quality organizations. We are delighted to have the Illinois Department of Insurance and Chaffetz Lindsey join the AIRROC community and we look forward to … [Read more...] about AIRROC Continues to Build its Network Welcoming New Member and Corporate Partner
AIRROC Confirms Board Leadership and New Directors for 2023
AIRROC is pleased to announce that its board leaders remain the same for a second year in a row. Heading up the board are Chair Bill Goldsmith (AIG), along with Co-Vice Chairs Tom Mendralla (Swiss Re) and Betsy Mitchell (A.G. Risk Management). The board supporting officers are Marianne Petillo (ROM), Treasurer, Megan McHugh (Brandywine), Secretary and Susan Aldridge (Norton … [Read more...] about AIRROC Confirms Board Leadership and New Directors for 2023
Managing the Evolving Risks and Expectations Regarding Corporate ESG Disclosure
Kevin Harnisch, Head of White Collar and Co-Head of Regulation, Investigations, Securities, and Compliance at Norton Rose Fulbright moderated a panel that dissected the interplay between litigation, insurance, and the reinsurance and legacy worlds vis-à-vis ESG. The panel consisted of John O’Bryan, Partner at Freeborn & Peters, Maureen Gorman, Managing Director at Marsh, … [Read more...] about Managing the Evolving Risks and Expectations Regarding Corporate ESG Disclosure
Corporate Liabilities Deals
The evolving market for restructuring and managing long-tail legacy corporate liabilities was the topic of the presentation entitled “Corporate Liabilities Deals.” The panelists included Peter Calleo, Vice President, Senior Legal Counsel, M&A, Investments and Commercial Contracts, Enstar, Andy Hill, Partner, Structured Solutions, McGill & Partners, Robert Hut, CEO, Fara … [Read more...] about Corporate Liabilities Deals
The Legacy Dealmaking Landscape: What do YOU think??
Expect another strong year for the legacy deal marketplace, say a panel of experts during an audience interactive session at the 2022 AIRROC Legacy Transactions & Networking Forum. Mayer Brown LLP Partner, David Alberts, chaired the panel that included Edward S. Hochberg, Head of Global Risk Solutions, Managing Director, Guy Carpenter, Laura Pearson, Senior Manager, PwC, … [Read more...] about The Legacy Dealmaking Landscape: What do YOU think??
Attracting NextGen Professionals – What Can Companies Do?
The AIRROC NextGen Group hosted the first session of the day that kicked off the 2022 Legacy Transactions & Networking Forum education program. Chris Hamphshire, Vice President – Carrier Practice at Gallagher Bassett and Global President of the CPCU Society was the moderator and session leader. The day started with a focused and thoughtful presentation by Chris on the … [Read more...] about Attracting NextGen Professionals – What Can Companies Do?
Fortitude Re named AIRROC “Team of the Year” for 2022
Each Year at its Legacy Transactions and Networking Forum AIRROC awards its “Person of the Year” to someone who has had a significant impact on the run-off industry. This year, for the second time in its history, AIRROC awarded this honor to a team of industry professionals. This award acknowledges the team at Fortitude Re whose vision, hard work, and legacy expertise has made … [Read more...] about Fortitude Re named AIRROC “Team of the Year” for 2022
And The 2022 Trish Getty Scholarship Goes To Lori-Ann Knight
AIRROC in conjunction with the NextGen Council is excited to present the 2022 Trish Getty Scholarship to Lori-Ann Knight. Lori-Ann is a sophomore at Howard University in Washington D.C. She is majoring in mathematics with a concentration in actuarial science. Additionally, she is pursuing a minor in computer science. Established in 2012, the $5,000 annual scholarship is in … [Read more...] about And The 2022 Trish Getty Scholarship Goes To Lori-Ann Knight
Legacy Workers Compensation Management from Start to Finish
Most people in the legacy space have encountered, in one form or another, long tail worker's compensation claims. Too many of us have lost sleep trying to understand how this business was written in the first place, why it wasn’t set up to manage properly, and what can or should be done to manage and resolve lingering, long tail claims. Michael Terelmes of Compe Re, Anthony … [Read more...] about Legacy Workers Compensation Management from Start to Finish
