The AIRROC NextGen Task Force is gearing up for a busy year. On March 30th, NextGen member Jessica Groenewegen participated in a panel discussion at the AIRROC Spring Membership Meeting. The session was a collaboration among Jessica and Anna Dill from TigerRisk Partners, as well as Dan Gerber from Gerber Ciano Kelly Brady LLP, on the "Basics of Legacy Transactions – LPT’s and … [Read more...] about NextGen Task Force Corner
AIRROC Latest News
AIRROC is pleased to announce the addition of Acrisure Re as a new Member. AIRROC looks forward to working with the Acrisure Re team on a number of initiatives and to incorporate them into our network with the shared goal of delivering greater service to the legacy community. As a leading independent (re)insurance broking and advisory firm with a deep understanding of both … [Read more...] about AIRROC Welcomes New Member Acrisure Re
The NextGen Task Force wasted no time and came quick out of the gate in 2022 with an education webinar on January 26th. The webinar brought together AIRROC's NextGen Task Force and the IRLA Young Professionals Group (“YPG”) to compare and contrast the UK and the US perspectives for two big claims issues – abuse/molestation and sports head injuries. Hosted by AIRROC and … [Read more...] about NextGen Task Force Corner
AIRROC is excited to announce the addition of the Arkansas Insurance Department as a new Member and two new Corporate Partners: ANS Solutions, LLC and Gerber Ciano Kelly Brady, LLP. What a great way to kick off the New Year by expanding our network with the addition of these quality organizations. We are delighted to have the Arkansas Insurance Department, ANS Solutions, LLC … [Read more...] about Expanding our Network: AIRROC Welcomes New Member and Two New Corporate Partners
AIRROC is pleased to announce our 2022 slate of Officers. Heading up the board are Chair Bill Goldsmith (AIG) and Vice Chair Betsy Mitchell (A.G. Risk Management). Marianne Petillo (ROM) will continue to serve as Treasurer, Megan McHugh (Brandywine) as Secretary and Robert Hendel (Guy Carpenter) as Accountant. Immediate Past Chair, Bill Teich (The Hartford) rotated off as … [Read more...] about AIRROC Announces New Board Leadership, Officers and Directors for 2022
Carolyn Fahey moderated a recent roundtable of legacy experts, featuring Paul Corver of R&Q, Matt Kunish of RiverStone, Stephen DiCenso of Milliman and Eric Haller of Fleming Re. Read More... … [Read more...] about The Run-Off Marketplace 2020
The bi-weekly podcast series is designed to introduce young professionals to the legacy (re)insurance space. You can find our podcasts on the AIRROC website under the Education tab or HERE. Episode 3: Marcus Doran, Senior Director of Commutations and Reinsurance Finance at AIG, stops by to discuss his legacy career. Marcus also provides his theories on why the insurance … [Read more...] about NextGen Task Force Corner
Innovation distinguishes between a leader and a follower – Steve Jobs. AIRROC presented its annual Person of the Year Award for 2021 to Glen Mulready, the Commissioner of Insurance for the State of Oklahoma. His “work advocating for a new era of runoff opportunities in the United States has been unmatched.” Robert Redpath, Senior VP and Corporate Counsel, Enstar. His role in … [Read more...] about AIRROC Person of the Year 2021: Glen Mulready
AIRROC in conjunction with the NextGen Task Force is excited to present the Trish Getty Scholarship to Oumou Tounkara. While the scholarship had significant interest from the many students aspiring to enter the insurance industry, Oumou stood out for her excellent academic performance, leadership and involvement in numerous extracurriculars. Oumou is a senior at Saint … [Read more...] about Congratulations to Oumou Tounkara, 2021 Trish Getty Scholarship Recipient
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!
Following the successful launch of the podcast series “The Legacy Life”, AIRROC NextGen Task Force released our second episode on September 22nd. In this episode, Kathryn Reynolds sits down with Paul Corver, Head of Legacy M&A at R&Q, to discuss his career in the legacy space and why young professionals should be excited about runoff. Paul starts off by explaining the … [Read more...] about NextGen Task Force Corner
“There is a superhero in all of us, we just need the courage to put on the cape.” - Superman That is NOT Peter’s favorite quote. (We will get to that detail later.) But if you speak with Peter’s colleagues, associates, and many friends in the re/insurance business, as we have in preparing this article, you quickly understand that Peter is a superhero to all. What is his … [Read more...] about Spotlight on Peter Scarpato – Let the Adventures Begin!
The NextGen Task Force proudly presents a new podcast series entitled The Legacy Life, which is going live on September 8th 2021. NextGen has been hard at work developing a bi-weekly podcast series that is designed to introduce young professionals to the legacy (re)insurance space. It will initially be available through Apple Podcast and AIRROC’s website. Come join Task Force … [Read more...] about NextGen Task Force Corner
Registration is Open! AIRROC is pleased to be planning our first in-person event since March 2020 -- from Sunday, October 17 through Tuesday October 19, 2021. The AIRROC Board of Directors looks forward to reuniting with our legacy colleagues. Our trusted event host for the past few years will again be The Westin Jersey City Newport, located at 479 Washington Boulevard in … [Read more...] about AIRROC Returns to Jersey City for the 17th Annual NJ Legacy Transactions and Networking Forum
In the opening session of the 2021 Runoff Deal Market Forum, Laura Pearson, Liability Restructuring Manager, PwC UK and Linda Johnson, Head of Legacy Practice, TigerRisk Partners, described the sizzling hot runoff market. Their PowerPoint slides contain a wealth of information on the state of the market and the deals transacted in 2020 and the scorching hot trends in 2021. A … [Read more...] about Deal Climate: Runoff is Hot!
The Keynote Speaker of the 2021 Summer Membership Meeting was Randy Maniloff. Randy is counsel at White and Williams LLP and the lawyer behind the well-known monthly newsletter “Coverage Opinions.” He presented on the Top 10 Issues for Effective Reservations of Rights Letters. Randy started the seminar highlighting the fact that insurance companies don’t provide enough … [Read more...] about Top 10 Issues for Effective Reservations of Rights Letters
Raymond Mastrangelo, a Partner with Mound Cotton Wollan Greengrass LLP, moderated a panel discussion with three of the insurance and reinsurance arbitration community’s most experienced and respected arbitrators: Susan Claflin, Claflin Consulting Services LLC, Ann Field, Senior Managing Director of Client Services, Aon, and Howard Page, HR Page Consulting LLP. The panel topic … [Read more...] about The Scope of an Arbitration Panel’s Authority
The education sessions of the 2021 Summer Membership Meeting began with “A Look at the Legal Landscape” of COVID-19 Business Interruption (“BI”) claims, presented by John O’Bryan, Partner, Freeborn & Peters, Michael Merlo, Executive Vice President and Chief Counsel, Aon, and Kay E. Wilde, Director of Reinsurance Assumed Claims, Allstate Insurance Company. The panel treated … [Read more...] about A Look at the Legal Landscape
The second session of the 4th annual Runoff Deal Market Forum focused on some of the less obvious legal, regulatory and NAIC developments that will likely impact the runoff deal landscape. The esteemed panel included Mayer Brown partner Larry Hamilton who heads the firm’s US Insurance Regulatory & Enforcement group, James Mills, Vice President and Legal Counsel of Enstar … [Read more...] about Under the Radar Potential Game Changers: Were you aware of these??
The AIRROC NextGen Task Force continues to evolve in order to optimize operations and improved effectiveness. The Task Force was formed in early 2020 during a pivotal time where prolonged remote working arrangements were not anticipated. While the original committee structure was focused on translating the Task Force’s mission statement into actionable functional areas, the … [Read more...] about NextGen Task Force Corner