Reassess, Inc.

CURRICULUM VITAE
Paul C. Thomson III
81 Bay Avenue
Halesite, NY USA 11743-1206
Business: 631.673.1243
Fax: 631.547.8419
e-mail: reassess@verizon.net

EXPERIENCE
July 1994 to Present:

REASSESS, INC., a New York corporation

President

• Arbitrations (party appointed arbitrator or umpire in 60+ proceedings)
• Testimonial expert in insurance and reinsurance arbitrations and litigations
• Consulting expert in insurance and reinsurance matters
   a. Insurance and reinsurance portfolio assessments
   b. Workers compensation (including WC carve-out) and marine
   employers’ liability claims audits
   c. Specialty claims audits including computer warranty, homeowner
   warranty, political risk, D&O liability and all other professional liability lines
   d. Commutation evaluations and negotiations
   e. Insurance and reinsurance inspection of records projects
   f. Dispute resolutions, facilitations and mediations
   g. Due diligence work

1990 to 1994:

SOREMA N. A. REINSURANCE COMPANY, New York, NY
(SOREMA N. A. acquired Copenhagen Re of America in 1989 and
Le Mans Re USA in 1993)

Vice President and Director of Claims

• Management of SOREMA N.A. technical property insurance, assumed casualty and property treaty, facultative and special risk reinsurance losses
• Management of Copenhagen Re USA’s and Le Man Re
USA’s domestic property and casualty assumed treaty business runoff loss portfolio
• Director on Board, Fulcrum Insurance Company (a wholly owned subsidiary of SOREMA N. A., underwriting E & S casualty and property insurance)
• Budget and administration of claims department
• Client company claims audits
• Commutation evaluations and negotiations
• Due diligence reviews and arbitrations

1982 to 1990:

US INTERNATIONAL REINSURANCE COMPANY, New York, NY
(Formerly Home Reinsurance Company)

Vice President 1989-1990 Corporate Secretary 1986-1989
Assistant Manager 1984-1986 Senior Analyst 1982-1984

• Claims department management, including budget, administration
and technical matters
• Responsible for all D&O and professional liability and special risk losses
• Commutation evaluations and negotiations
• Client company claims audits
• Prepared excess of loss retrocessional loss recovery notices and billings

1978 to 1982:

ROYAL INSURANCE COMPANY OF AMERICA, New York, NY
Home Office Liability Claims Supervisor 1980-1982
Home Office Liability Claims Examiner 1978-1980

• Management of litigation involving the companies (including “bad faith” and declaratory judgment actions seeking extra-contractual or excess of policy limits damages)
• Supervised national accounts products liability and professional indemnity claims for client companies
• Managed the runoff of Royal’s aviation loss portfolio and related outwards reinsurance recoveries
• Responsible for branch office claim reserves exceeding field office authority levels and trial/settlement authority
• Creation and maintenance of ISO coverage library

1977 to 1978:

RELIANCE INSURANCE COMPANY, Radnor, PA

Casualty Lines Claims Adjuster: Workers Comp & Liability

OTHER INDUSTRY INFORMATION:

Member of ARIAS
ARIAS•US– Certified Arbitrator and Umpire
Approved Arbitrator– International Association of Insurance Receivers (www.IAIR.org)
Approved for expert witness and audit work by the Liquidation Bureaus of California, Florida and New York

EDUCATION:

Franklin and Marshall College, Lancaster, PA
Bachelor of Arts, History Major
Dean's List– four of eight semesters
Varsity football and lacrosse
Touro College School of Law, Huntington, NY
Completed 68 credits toward Juris Doctorate degree
Dean's List

PERSONAL:

Married Kim Elisabeth Rogan in 1979
Three children: Paul IV, Jack, and Elisabeth (Libby)
Served as Elder, Old First Presbyterian Church, Huntington, NY
Director– Huntington Youth Lacrosse Club

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