CHICAGO--(BUSINESS WIRE)--Sept. 19, 2005--Three members of GE Insurance Solutions' in-house legal team will play major roles at the upcoming National Forum on Reinsurance Arbitrations meetings in Chicago.
GE Insurance Solutions General Counsel Mark Elborne will co-chair the conference and moderate a panel on "In-House Counsel's Guide to Managing the Arbitration Process." Also participating on the panel will be GE Insurance Solutions in-house counsel Dave Brodnan and Tony Mormino.
"Rigorous management of the arbitration process is essential to enhancing a reinsurer's probability of a positive outcome," said Brodnan. "At the Forum we will discuss the elements of responsible management -- including various techniques, understanding ceding company bias, knowing when arbitration may not be necessary, understanding when to go to court, and when to consolidate multiple cases."
Brodnan has authored a paper for the conference along with in-house counsels Mark C. Kareken of Nationwide Indemnity Company, and James G. Sporleder and Martin P. Cillick of Allstate Insurance Company. It is titled "In-House Counsels' Suggestions for Managing the Arbitration Process" and is available at http://www.geinsurancesolutions.com/erccorporate/documents/news_events/managing_the_arbitration_process.pdf. (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
Also at the Forum, Tony Mormino of the GE Insurance Solutions legal staff will address the participants on how reinsurers should select an arbitrator.
About the Presenters
Mark Elborne joined GE Insurance Solutions in 2004 from CMS Cameron McKenna in London, where he served as outside counsel to GE's insurance businesses and other GE business units on various matters. Mark has been widely acknowledged as a leading expert on reinsurance law, professional negligence, and in general insurance litigation. Over his 22-year career he has represented insurers and reinsurers in matters related to a diverse range of products including property, business interruption, contingency, liability, D&O and E&O. Elborne is a graduate of Eton College and Exeter University. He is a member of the Law Society of England & Wales and the Missouri Bar.
David Brodnan is in-house counsel for GE Insurance Solutions. He graduated from Georgetown University Law Center in 1967 and is a member of the Illinois Bar and the Connecticut Bar. He has handled and supervised complex litigation, domestic and international arbitrations, commercial and reinsurance contract wording, and regulatory and general compliance matters. He has also lectured on reinsurance contract wording at industry seminars.
Tony Mormino manages the legal team that supports the front-end underwriting and claims operations in the Americas and Asia Pacific. His work focuses primarily on reinsurance contracting, claim litigation and arbitration, insurance compliance issues, and work with insurance regulators in the U.S. and abroad. Tony holds a J.D. from the American University and an M.S. in Finance from George Washington University. Prior to GE, Tony worked for the Reinsurance Association of America (RAA) as a state and federal lobbyist on reinsurance legislative issues.
The conference is sponsored by The American Conference Institute and takes place September 19 & 20 at The Westin Michigan Avenue Hotel in Chicago.
GE Insurance Solutions (NYSE:GE) protects people, property and reputations. With more than $48 billion in combined assets, the GE Insurance Solutions group of companies is one of the world's leading providers of commercial insurance, reinsurance and risk management services. Combining deep practical risk expertise with GE's business acumen, our dedicated professionals in offices around the globe help customers understand and manage risk more effectively. More information is available at www.geinsurancesolutions.com.
Contacts
GE Insurance Solutions
John Novaria, 816-448-7608
[email protected]
Jeff Wilson
GE Capital Corporate Finance
[email protected]
1-203-749-6340