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AIRROC News

AIRROC Welcomes New Member RiverStone International

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AIRROC extends a warm welcome to new member RiverStone International.  We are delighted to have RiverStone join the AIRROC community and very much look forward to a constructive collaborating with them.  RiverStone brings a wealth of market experience and their membership is highly valued and instrumental as AIRROC continues to expand its international reach.  Jamie Saunders, … [Read more...] about AIRROC Welcomes New Member RiverStone International

AIRROC Continues to Build its Network Welcoming Five New Members

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There is no better way to begin a new year that to welcome five new Members to our community.  AIRROC continues to grow and expand its network because of the value proposition we offer and what each of our Members bring to an organization with a legacy of success!  We are excited and thrilled to welcome Great American Insurance Company, Hannover Re, Augment Risk, EMC Re, and … [Read more...] about AIRROC Continues to Build its Network Welcoming Five New Members

AIRROC Announces New Board Leadership, Officers and Directors for 2024

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AIRROC is pleased to announce the new 2024 leadership of the Board of Directors.  Tom Mendralla (Swiss Re) takes over as Chair with Betsy Mitchell (A.G. Risk Management) and Dawn Ballin (Enstar) as Co-Vice Chairs.  The board supporting officers are Marianne Petillo (ROM), Treasurer, Megan McHugh (Brandywine), Secretary and Susan Aldridge (Norton Rose) as General Counsel.  … [Read more...] about AIRROC Announces New Board Leadership, Officers and Directors for 2024

Letters of Credit: The Good, The Bad and The Vesttoo

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The education session on Letters of Credit (LOCs) at the 2023 Legacy Transactions & Networking Forum hosted by AIRROC was literally “ripped from the headlines” by covering the widely reported allegations of fraud arising from the Vesttoo bankruptcy and the attention it has drawn to the use of LOCs. Jonathan Bank, Counsel, Norton Rose Fulbright, chaired the panel of … [Read more...] about Letters of Credit: The Good, The Bad and The Vesttoo

Droughts and Wildfires – Floods and Hurricanes

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David Snyder, Vice President and Assistant General Counsel of the American Property and Casualty Insurance Association, Aaron Koch, Principal and Consulting Actuary at Milliman, and Annie Shen, Actuary at Milliman, participated on a panel moderated by Katheleen Ehrhart, a partner in the litigation practice at Smith Gambrill Russell, that examined lessons to be drawn from the … [Read more...] about Droughts and Wildfires – Floods and Hurricanes

Global Economic and Geopolitical Risks: Trends and Challenges Impacting Insurance and Reinsurance Markets

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AIRROC kicked off its 2023 Legacy Transactions & Networking Forum with keynote speaker Dr. Robert Hartwig, Director of the Risk Management and Uncertainty Center at the University of South Carolina. Dr. Hartwig took us on a whirlwind tour of the global economic and geopolitical forces shaping the outlook for the property casualty insurance market and helped us understand … [Read more...] about Global Economic and Geopolitical Risks: Trends and Challenges Impacting Insurance and Reinsurance Markets

Notes from the Battlefield: Navigating Reinsurance Disputes

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Moderated by Guyon Knight, a panel consisting of Larry Greengrass, Debra Hall, Russel Bogen, and Frank DeMento engaged in a comprehensive discussion on the challenges and unique issues arising from reinsurance transactions.  A video replay of this presentation is available on AIRROC’s On Demand plateform. Here, we distill their insights into ten key points: 1.  Legacy … [Read more...] about Notes from the Battlefield: Navigating Reinsurance Disputes

Actuarial Student Jacob Hayes Awarded the 2023 Trish Getty Scholarship

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AIRROC in conjunction with the NextGen Council was excited to present the 2023 Trish Getty Scholarship to Jacob Hayes during an awards ceremony at the October Legacy Transactions & Networking Forum. Each year since 2012, a $5,000 scholarship has been presented to an exceptional undergraduate student studying insurance, risk management or actuarial science. Students apply … [Read more...] about Actuarial Student Jacob Hayes Awarded the 2023 Trish Getty Scholarship

Monte Carlo le résumé

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The 2023 Rendez-Vous de Septembre – in its 65th year – is the annual gathering of the reinsurance market in Monte Carlo. I had a very busy few days in Monte Carlo attending events organized by IRLA, PwC, Guy Carpenter, and Gallagher – just to name a few.  I enjoyed meeting with a number of our members and of course sharing the benefit of AIRROC with those that are potential … [Read more...] about Monte Carlo le résumé

NextGen Council Corner

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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

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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

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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

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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

AIRROC Adds 5 New Members to Advisory Council

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AIRROC is pleased to announce the addition of 5 new members to its Advisory Council. The AIRROC Advisory Council serves as a critical community and industry champion of AIRROC. Members of the Advisory Council share their talents in service to the organization’s mission and vision by offering expertise; bringing a diverse knowledge of constituent perspectives; providing their … [Read more...] about AIRROC Adds 5 New Members to Advisory Council

AIRROC Welcomes Director of the Illinois Department of Insurance as Keynote Speaker

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One of the highlights of AIRROC’s Chicago Regional Education Day was the keynote address by Dana Popish Severinghaus, Director of the Illinois Department of Insurance.  Director Popish Severinghaus has served since January 2021 and brings extensive legal, policy, government relations and insurance industry-related experience to her role heading a state regulatory agency. A … [Read more...] about AIRROC Welcomes Director of the Illinois Department of Insurance as Keynote Speaker

New AIRROC Regulatory Committee Focuses on Educating Regulators on Runoff

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AIRROC’s Regulatory Committee was established in early 2023 and is co-chaired by two of the AIRROC Board members, Tom Mendralla of Swiss Re and Chris Reichow of R&Q Insurance Holdings, Ltd. The Regulatory Committee has 18 members – a number of which are former regulators.  The focus of the group is to support AIRROC on NAIC and other regulatory activities. As a non-profit … [Read more...] about New AIRROC Regulatory Committee Focuses on Educating Regulators on Runoff

Where Are They Now? 2020 Trish Getty Scholarship recipient: Ashley Martin

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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

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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

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