AIRROC Update

Insurance & Reinsurance News

AIRROC Events

AIRROC: Past, Present and Future

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AIRROC marked its 20th anniversary with a panel discussion that highlighted the organization’s journey, its evolving role in the re/insurance sector, and its vision for the future. The panel featured Andrew Maneval, founding Chair of the Board of AIRROC; Jonathan Rosen, founding Board member and past Chair; and Marianne Petillo, founding Board member, past Chair, and current … [Read more...] about AIRROC: Past, Present and Future

Leveraging AI for Legacy Books of Business

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Karen Borg, Consulting Director, Reinsurance Contracts at CNA, Teresa Snider, a partner at Porter Wright Morris & Arthur LLP, and John Standish, Co-Founder and Chief Innovation and Compliance Officer at Charlee.ai provided a broad overview of the potential uses of AI in the insurance industry and the pitfalls to avoid when implementing AI solutions into workstreams. Mr. … [Read more...] about Leveraging AI for Legacy Books of Business

Update from Monte Carlo!

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On the road again, AIRROC was delighted to attend the 2025 Rendez-Vous de Septembre in Monte Carlo – the annual gathering of the global reinsurance market now in its 67th year. Amplifying the benefits of AIRROC and raising our profile is central to our core mission, and the annual Reinsurance Rendez-Vous provides a unique platform to spread our message, exchange ideas and … [Read more...] about Update from Monte Carlo!

AIRROC Awards 2025 Trish Getty Scholarship to Samit Alam

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AIRROC and AIRROC’s NextGen Council honored the 2025 Trish Getty Scholarship recipient, Samit Alam, during the awards ceremony at the October Legacy Transactions & Networking Forum in Jersey City, NJ. Since 2012, the $5,000 Trish Getty Scholarship has been awarded to an exceptional undergraduate student studying insurance, risk management, or actuarial science. The … [Read more...] about AIRROC Awards 2025 Trish Getty Scholarship to Samit Alam

Understanding Self-Driving Car Liability

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Liability for self-driving car accidents can fall on the human driver, the manufacturer or even a third party depending on the cause of the accident.  We are just now at the starting block of litigation surrounding self-driving cars.  Guyon Knight from Mound Cotton Wollan & Greengrass, LLP provided an insightful and thorough perspective from a litigator’s point of view of … [Read more...] about Understanding Self-Driving Car Liability

AIRROC Presents CLP Designation to Two New Recipients

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During the 2025 Summer Membership Meeting, the Certified Legacy Professional ("CLP”) designation was awarded to two legacy professionals who have completed the necessary coursework.  The CLP designation recognizes individuals who have demonstrated specialized professional knowledge and experience in the legacy sector. Congratulations to Bryan Enos, Managing Director at A.G. … [Read more...] about AIRROC Presents CLP Designation to Two New Recipients

Social Media and Insurance Coverage: A TikTok-ing Clock

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This presentation explores the evolving intersection of social media and insurance coverage, emphasizing the rapidly growing risks and claims stemming from platforms like TikTok. Legal, regulatory, and market-based concerns are brought to light, especially as technologies such as AI integrate into social platforms.  Peter Calleo and Troy Shuman of Enstar, Grace Seigel of Guy … [Read more...] about Social Media and Insurance Coverage: A TikTok-ing Clock

Notable Insurance Coverage Cases

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This session offered a comprehensive review of some of the largest and most notable coverage cases from 2024. David Silvers, Complex Assumed Claims Analyst, RiverStone Group moderated the discussions led by representatives from AIRROC’s Corporate Partner firms.  Panalist included J.D. Anders, Counsel, Chaffetz Lindsey, Kristen Kish, Partner, Mound Cotton Wollan Greengrass LLP, … [Read more...] about Notable Insurance Coverage Cases

Runoff Deal Market Forum 2025

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This February, AIRROC and Mayer Brown were pleased to co-host their Seventh Annual Runoff Deal Market Forum (the “Deal Forum”) at Mayer Brown’s New York office, where industry experts came together to discuss the latest trends and developments in the insurance legacy market. The Deal Forum featured three panels that covered the State of the Market, Post-Closing Challenges and … [Read more...] about Runoff Deal Market Forum 2025

Bankruptcies and the Runoff Market – Impacts and Implications

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Shelly DeRousse and Kathleen Ehrhart, both Partners at Smith Gambrell Russell, along with Geoffrey Goodman a Partner at Foley & Lardner led the discussion on bankruptcy and the runoff market at the 2025 Spring Membership Meeting. The session focused on the increasing number of mass-tort bankruptcies and the involvement of insurance and reinsurance companies, with an … [Read more...] about Bankruptcies and the Runoff Market – Impacts and Implications

The Legacy of Liquidations: What You Should Know

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Michael Terelmes of Compre Group moderated a panel on which Keith Kaplan, Chief Liquidation Officer for Bedivere Insurance Company (in Liquidation) and R&Q Reinsurance Company (in Liquidation), Jim Wrynn, a Senior Managing Director at FTI Consulting, and Bruce Baty, a partner with Norton Rose Fulbright US LLP discussed the process of liquidation and its impact on the runoff … [Read more...] about The Legacy of Liquidations: What You Should Know

Lifeguards On Duty – The ECRA Pool

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The Excess & Casualty Reinsurance Association Pool (“ECRA Pool”) is one of the largest legacy reinsurance pools spanning decades and involves many insurers and reinsurers in the runoff market.  With the demise of R&Q, the ECRA Pool was brought to an abrupt halt in September 2024.  Rick Dupree (The Travelers Companies), Judy Harnadek (Resolute Management, Inc.), Andrew … [Read more...] about Lifeguards On Duty – The ECRA Pool

NextGen Partners with Mound Cotton on Arbitration Workshop

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AIRROC NextGen and Mound Cotton Wollan & Greengrass cohosted a luncheon event entitled “Basics of Arbitration Workshop: The Key Things for Insurance Professionals to Know” at the October Transactions & Networking Forum. The workshop featured a wealth of insights and experiences from industry veterans, including Judy Harnadek, Marianne Petillo, Larry Greengrass, Sue … [Read more...] about NextGen Partners with Mound Cotton on Arbitration Workshop

Legends of the Fall – Recent Developments That May Turn the Tide on NY Labor Law Construction Claims

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Christopher Carucci, Vice President of Client Services and Litigation Management at Gallagher Bassett Services, Sean Keely, a Partner with Smith Gambrell & Russell, LLP, and Andrea Silk, a partner with Gallo Vitucci Klar, LLP provided valuable insight into handling and litigating New York Labor Law Claims.  A video replay of this presentation is available on the AIRROC On … [Read more...] about Legends of the Fall – Recent Developments That May Turn the Tide on NY Labor Law Construction Claims

AIRROC Reveals 2024 NextGen Leadership Award Winners

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Layla Trummer and Natalie Weedman were named co-recipients of this year’s AIRROC NextGen Leadership Award at the 2024 AIRROC Legacy Transactions & Networking Forum. Layla Trummer is a Senior Underwriter at Allianz Reinsurance America, Inc. She has been an active member of AIRROC NextGen for two years and currently serves as the Co-Chair of the NextGen Council. Within mere … [Read more...] about AIRROC Reveals 2024 NextGen Leadership Award Winners

Charting Our Path: Minority Narratives in the Corporate World

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This presentation on diversity, equity and inclusion featured Kristen Kish with Mound Cotton Wollen Greengass LLP, Stéphane Louis with Enstar, Lee Vuu with Argo Group US, and was moderated by Jose Martinez Jr., VP of legacy solutions at Swiss Re. At the start of the meeting, Jose pointed out the diversity of the panel itself, this being important to note because of the … [Read more...] about Charting Our Path: Minority Narratives in the Corporate World

The Legacy Market “Buy-Side” and The Impact of Private Equity

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David Luce, a Partner with Willkie Farr & Gallagher LLP moderated a panel that examined the new entrants in the run-off market buy-side, recent M&A activity, and market entrances and exits. The panelists also discussed the motivation of private equity in run-off, and the impacts of private equity firms taking ownership of certain major players.  The panelist included … [Read more...] about The Legacy Market “Buy-Side” and The Impact of Private Equity

AIRROC Welcomes Elaine Rocha, Esq., former Global Chief Investment Officer of AIG as Keynote Speaker

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AIRROC was honored to have Elaine Rocha, Esq., most recently the former Senior Vice President and Global Chief Investment Officer of AIG as the opening keynote speaker for the October 2024 Legacy Transactions & Networking Forum.  A Jersey girl hailing from Asbury Park she is, no surprise, an enthusiastic fan of The Boss, Bruce Springsteen. She describes how she “fell into” … [Read more...] about AIRROC Welcomes Elaine Rocha, Esq., former Global Chief Investment Officer of AIG as Keynote Speaker

Ardit Kerimi Awarded the 2024 Trish Getty Scholarship

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AIRROC and AIRROC’s NextGen Council honored the 2024 Trish Getty Scholarship recipient, Ardit Kerimi, during the awards ceremony at the October Legacy Transactions & Networking Forum in Jersey City, NJ. Since 2012, the $5,000 Trish Getty Scholarship has been awarded to an exceptional undergraduate student studying insurance, risk management, or actuarial science. The … [Read more...] about Ardit Kerimi Awarded the 2024 Trish Getty Scholarship

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