NEW WORLD EXPERT WITNESS SERVICES

Reinsurance

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Reinsurance.
  
Specific Experience and Qualifications (AD):

• Head of Traditional Life Reinsurance at ING Re (a business unit of ING Americas), responsible for core functions of individual life and health reinsurance businesses, including marketing, all actuarial and financial functions, contract preparation, business operations (including administration of assumed and retroceded business, claims and client audits) and information technology, with staff of 150 and budget of $25 million. 

• Head of Traditional Life Reinsurance at ING Re (a business unit of ING Americas), responsible for core functions of individual life and health reinsurance businesses, including marketing, all actuarial and financial functions, contract preparation, business operations (including administration of assumed and retroceded business, claims and client audits) and information technology, with staff of 150 and budget of $25 million. 

• Oversaw successful rescission via arbitration of a very large block of inforce business due to failure to disclose material information.

• Oversaw successful rescission via arbitration of a very large block of inforce business due to failure to disclose material information.

• Oversaw area responsible for purchase of reinsurance at USLIFE Corporation, Provident Mutual Life Insurance Company and Penn Mutual Life Insurance Company

• Developed value-at-risk measure of reinsurer exposure to facilitate management of reinsurer counter-party risk

• Interfaced with insurance departments on behalf of reinsurance client attempting to market an unusual form of reinsurance

• Surveyed insurance purchasers on behalf of major reinsurer to determine reaction to toughened stance on claims

• Reviewed case materials and prepared report for reinsurer in group life reinsurance arbitration

• Member of American Academy of Actuaries Reinsurance Work Group charged with reviewing reinsurance provisions, including risk transfer, in the light of principle-based reserving

Expert Witness Services, Division of New World Marketing, Inc. 
1095 Evergreen Circle, Suite 200, The Woodlands, Texas, 77380 
Phone: (281) 465-9060