AIRROC Update

Insurance & Reinsurance News

Event Summaries

Hidden Exposures and Emerging Risks

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Sean Keely, a Partner with Smith, Gambrell & Russell, LLP and Andrea Silk, Managing Attorney with Gallo Vitucci Klar LLP provided an insightful overview of the hidden exposures insurers face, and the emerging risks expected in 2025 and beyond. The first area addressed was liability risks for hotels and restaurants from human trafficking.  Trafficking lawsuits are on the … [Read more...] about Hidden Exposures and Emerging Risks

AIRROC Announces 2025 NextGen Leadership Award Honorees

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Kristen Kish of Mound Cotton Wollan & Greengrass LLP and Juliana Toes of Mayer Brown LLP have been named the 2025 recipients of the AIRROC NextGen Leadership Award. Both honorees have significantly advanced AIRROC’s educational efforts, strengthened outreach, and supported the development of rising legacy professionals. Kristen Kish, a Partner at Mound Cotton Wollan & … [Read more...] about AIRROC Announces 2025 NextGen Leadership Award Honorees

Five New Legacy Professionals Earn their CLP Designation

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During the 2025 Legacy Transaction & Networking Forum, the Certified Legacy Professional ("CLP”) designation was awarded to five 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 Elaine A. Caprio, Paul … [Read more...] about Five New Legacy Professionals Earn their CLP Designation

AIRROC Kicks Off 2025 Forum with Keynote Speaker Brian Snover of Berkshire Hathaway

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AIRROC kicked off its 2025 Legacy Transactions & Networking Forum and 20th Anniversary celebration with keynote speaker Brian Snover, Senior Vice President and General Counsel of Berkshire Hathaway. Many may recall that Brian was the 2007 AIRROC Person of the Year and as he quipped during his opening remarks, this is his return to the scene of the crime. He explained his … [Read more...] about AIRROC Kicks Off 2025 Forum with Keynote Speaker Brian Snover of Berkshire Hathaway

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

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

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

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

Artificial Intelligence for Insurance Professionals

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Annamarie Giblin, a Partner with Norton Rose Fulbright presented on the topic of  artificial intelligence (known as "AI") technology and its related legal concerns tailored for insurance professionals.  A video replay of this presentation is available on the AIRROC On Demand platform. Currently, the proliferation and power of AI is the subject of intense debate. This … [Read more...] about Artificial Intelligence for Insurance Professionals

New Trends in Workers Comp Drugs: Unintended Consequences of the Changing Opioid Laws and Policies

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The opioid epidemic has had a devastating impact on society and a profound toll on public health and opioid-involved deaths. The multifaceted aspects of the opioid crisis have had an effect clinically, financially and negatively influence workers compensation.   While there has been a significant decline in opioid prescribing, new medications are diversifying the drivers of … [Read more...] about New Trends in Workers Comp Drugs: Unintended Consequences of the Changing Opioid Laws and Policies

Reopening Closed Remedial Sites

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VERTEX’s Christopher De Carlo, Senior Technical Advisor, Environmental Insurance and Sandra Gaurin, Vice President, Client Services & Technical Support, along with Scott Davis, Partner at Husch Blackwell led a compelling discussion on “Reopening Closed Remedial Sites” at the 2024 Spring Membership Meeting in New York.  The panel discussed the current legal and regulatory … [Read more...] about Reopening Closed Remedial Sites

A Regulator’s View of IBT’s, Division’s and the 2024 NAIC Priorities 

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Panelists Kathy Belfi, KB Regulatory Solutions (former Director of Financial Regulation, Connecticut Insurance Department), John Finston, Finston Consulting Inc. (former Executive Deputy Superintendent for Insurance, NY DFS), Glen Mulready, Commissioner, Oklahoma Insurance Department and Robert Romano, Partner, Norton Rose Fulbright held a roundtable discussion of the trends … [Read more...] about A Regulator’s View of IBT’s, Division’s and the 2024 NAIC Priorities 

Nuclear Verdicts & Social Inflation: Juror Biases & Trends

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How do you get the attention of 100 people attending the last session on the final day of an AIRROC conference?  Well, this presentation started out with the group watching two brief videos of juries deliberating in advance of rendering their verdict. In both scenarios, audience members were able to hear the jurors discussing their opinions on the deep pockets of corporate … [Read more...] about Nuclear Verdicts & Social Inflation: Juror Biases & Trends

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