by ~ Mitchell King (Web Site) Andrew Maneval A Broad Portfolio Yields a Balanced View
With over 30 years of experience as a lawyer, business executive and independent arbitrator and umpire, Andrew Maneval blends leadership, negotiating, and advocacy skills with a deep knowledge of the insurance industry, making him one of the bright lights in the reinsurance arbitration business. Having worked with Andrew as co-counsel, client and arbitrator since 1987, it has been my pleasure to chronicle his journey for our members and readers.
A Lawyer First
Andrew and I first met in 1987, working together as co-counsel on disputes involving a number of complex reinsurance programs. He was an up and coming young partner at the New York firm of Mound Cotton & Wollan, specializing in property insurance and reinsurance. Our first encounter was mildly rocky when I called to introduce myself and he corrected me that his name was Andrew and not Andy; once I established myself as Mitchell and not Mitch, it was pretty smooth sailing. Working with Andrew involved a steep learning curve. While we were both well-versed in the then sparse body of reinsurance law, it was his deep understanding of the structure, custom and practice of the reinsurance business, and his mastery of the highly complex reinsurance programs that we were working with, in particular, that set him apart within the legal team. As time went on, Andrews understanding of the business of reinsurance did more than make him a strong advocate and successful law firm partner. In 1993, The Hartford enticed Andrew to relocate to Boston as an executive with The Hartfords First State Ins. Co., New England Reinsurance Corp., and New England Ins. Co., where his initial responsibilities included managing disputes, commutations and negotiations on inward and outward reinsurance programs.
The Hartford Years
Andrew ultimately had many different responsibilities for The Hartford. As President of ITT New England Management Company (later renamed Horizon Management Group), he was responsible for the run-off of the First State and Nerco business. This later extended to include responsibility for the Excess Insurance Co. Ltd. and Hart Res domestic and international business. These positions gave him wide-ranging perspective and experience regarding the run-off of insurance and reinsurance portfolios and companies.
Andrew rounded out his own portfolio as an executive during his last four years at The Hartford, during which he was responsible for reinsurance collections and commutations for the company generally, in both its run-off and ongoing segments. He describes this broader platform, which included recent and current business, as a welcome change after spending over a decade in the arcane, pre-1986 world of APH, MGA programs, and line slips.
After leading this unit and building structures and procedures for managing collections and commutations for the future, Andrew decided to set out on his own, forming the Chesham Consulting, LLC firm. Most of his work has been as an insurance/reinsurance industry arbitrator or umpire, but he also has now been qualified to arbitrate FINRA disputes, and to serve as a mediator in New Hampshire state courts.
Industry Leadership AIRROC
Andrew has always been genuinely passionate about his work, with particular focus on improving professionalism and procedures in the insurance industry. One labor of love which evolved out of his extensive experience in managing run-off operations was his involvement with the Association of Insurance and Reinsurance Run-Off Companies (AIRROC). In 2000, Andrew and several other run-off professionals began a forum for discussing issues confronting the newly emerging and developing industry. These efforts did not gain immediate traction because of lack of organizing resources, but the interest remained strong. When the Reinsurance Association of America (RAA") formed (and then rejected) a Run-Off Section of their association, the old forum group, aided significantly by Debra Hall (of the RAA) and Trish Getty (who became the Executive Director), set up AIRROC.
Andrew was honored to become AIRROCs founding Board Chairman, a role that lasted for three years. Under Trish Gettys able stewardship, AIRROC grew and found an important niche for risk-bearing entities in any degree of run-off, including insolvent estates, companies being managed to a professional and successful dissolution, and major multi-line companies managing some lines or portfolios of business off their books. Under Andrews leadership, AIRROC developed a quarterly educational program and the Annual Commutation and Networking Convention which has become a significant and productive industry event for companies from all over the world.
Fair and Balanced
As this brief sketch of his experience indicates, Andrew approaches the reinsurance business with a broad perspective. He has been an attorney specializing in insurance and reinsurance. He has managed assumed and ceded operations, claims and commutation units, and legal and actuarial activities. He has overseen back office, line, and automated billing and collection functions. He has been responsible for UK and European companies. His work has involved run-off and ongoing operations, and he has had corporate responsibility for negotiations, ADR, litigations and arbitrations.
Experience is, of course, a critical credential, but industry colleaguesincluding adverse partiesalso recognize and value Andrews intellect, insight and integrity which make him a highly effective arbitrator and a balanced and fair-minded umpire. Beginning during his tenure at The Hartford when he sat on numerous arbitration panels requiring active executives, through his present work as a full time arbitrator and umpire, Andrew has now had experience in over fifty arbitrations, as an Umpire or an arbitrator, including some of the largest disputes in the industry.
Andrew has always enjoyed the sense of community that exists in the reinsurance business. This community of reinsurance professionals is a very long-standing and honored tradition, but it has many new features. Andrew was very pleased to have been asked to participate in the first conference put on by MReBA recently in Boston. He sees MReBA as fostering precisely the type of professionalism and collegiality that he has worked to increase throughout his career. His membership in our association is just one more way in which Andrew acquires and adds to his perspective on the world of reinsurance.We use the very best in technology to make these elegant replica louis vuitton handbags,replica rolex,breitling watches for sale and replica breitling watches.
Mitchell King can be reached at email@example.com.
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