AIRROC's The Legacy Life

Welcome back! Season 2 of AIRROC’s The Legacy Life kicks off with Glen Mulready, Insurance Commissioner for the State of Oklahoma. As many of our listeners will know, Commissioner Mulready was instrumental in the development and implementation of the Insurance Business Transfers (“IBT”) Act, a mechanism that allows for the absolute transfer of books of insurance business from one company to anothe...

Joining us in episode 7 is Andrew Rothseid, Partner and Head of Legacy Solutions at Gallagher Re. Andy describes his career path as being "far from a straight line." He notes that working runoff initially took a leap of faith. "I took a year to decide to move from being a private practice lawyer to work in legacy because I didn’t understand the concept of going to work for a busines...

Rich Seelinger, CEO and Chief Claims Officer of Enstar US, stops by to discuss his career and Enstar’s role as a global legacy management specialist. Like so many others, Rich joined Enstar as the result of an acquisition. He came aboard Enstar as the Senior Vice President in charge of workers compensation claims and ultimately became the CEO of Enstar US in October 2020. “It’s really been just a...

Leah Spivey, Head of Claims Runoff Solutions at Munich Re, joins us in episode 5 to discuss her career in legacy claims. Early in her career, Leah found herself in a position many young professionals can relate to today. She had zero work-life balance, no autonomy and no work product she could call her own. After answering an ad for a job in an insurance claims department, she found what she was l...

Bill Bouvier stops by to discuss his career in the legacy space. As the Director of Assumed Reinsurance at RiverStone, Bill is responsible for managing and developing a team of assumed claim handlers. As part of that development, Bill believes in the importance of creating connections: "People like myself...need to bring the younger people to...meetings, seminars and hearings and introduce th...

Marcus Doran, Senior Director of Commutations and Reinsurance Finance at AIG, stops by to discuss his legacy career. Marcus also provides his theories on why the insurance industry has such a difficult time attracting young talent: "It's just bad marketing." He notes that the insurance industry is dynamic, fast-moving, fast-paced and that new products are constantly being developed...

Paul Corver stops by to discuss his career in the legacy space. As the Head of Legacy M&A at R&Q, he reviews potential legacy acquisitions in all shapes and sizes from around the world. "...[E]very deal is different," he says while discussing how young professionals could benefit from being in the space. "You could be looking at a portfolio of U.S. General Liability one minu...

Come join us for a conversation with recently retired Peter Scarpato, formerly a Senior Collections Officer of Ceded Reinsurance at ACE Brandywine. Like so many of us, Peter kind of fell into a career in runoff reinsurance. While working as an attorney, a friend working in reinsurance approached Peter and said his company needed lawyers. “Well, I’ve done insurance. What’s reinsurance?” Peter remem...