Hope this finds you well. Thanks again for your excellent report. I am attaching the expert witness designation of our co-defendants’ for your review. Please let me know if these have any bearing on your opinions. They agree with you, so I doubt they will.
Thanks in advance,
Mississippi Law Firm
I have known Ty Sagalow for 25 years both professionally and personally. He is, by far, the most knowledgeable and creative individual in the insurance industry on reputation risk and reputation insurance. He truly understands brand risk and crisis management and can, and has, taken that understanding to develop extraordinary brand and reputation insurance policies. He is one of a kind.
Ty, Thanks again for the expert declaration. Great job! Really enjoyed this project with you. Most appreciated.
California Policyholder Law Firm
My working relationship with Ty Sagalow spans over his employment at Zurich and now with Innovation Insurance Group. IIG’s initial engagement was to refine an insurance product under development and then secure suitable insurance partners. Ty accomplished both and the product is now ready for market introduction.
Other similar product and program opportunities are now in the pipeline with IIG acting as a product development consultant to Hub International in the design, development and refinement of proprietary insurance product offerings.
Our expectation for these next opportunities are very high based on Ty’s performance and “proven results” during his initial engagement.
September 22, 2017
The United States District Court for the Southern District of New York found that AXIS Insurance Company was not liable under a directors and officers insurance policy for $20 million in losses alleged by its insured, PATRIARCH PARTNERS, LLC, on the basis on the application of the policy’s “pending and prior claim” exclusion accepting arguments made by the carrier’s expert witness, Ty Sagalow.
In his report, Mr. Sagalow argued that the policy’s pending and prior claim exclusion applied because under the facts of this case a SEC subpoena issued following the institution of a SEC Formal Investigation was both a “demand” and and “order”within the meaning of the exclusion and the policy’s definition of Claim. Accepting Mr. Sagalow’s expert opinion, the Court concluded “Analyzed separately or collectively, the Topbas Subpoena, the Formal Order of Investigation, and the SEC’s underlying investigation of Patriarch constitute a “Claim” against an Insured that was pending before August 11, 2011.” (Decision at p. 9)
For a copy of the Court’s full opinion, go here.
Fantastic job on your report! I reviewed it early yesterday morning when we were preparing to serve our discovery responses and had no changes or questions. I was really impressed with your thorough analysis of the issues of the case, and you raised some strong arguments that I had not considered or delved deeply into yet. I really appreciate your perspective and work on this matter.
National Carrier Law Firm
For over 20 years, I have worked closely with Ty Sagalow. I consider him to be a good friend and colleague. At National Union, we worked together on many new creative deals as well as new products together and now at Ironshore I am pleased to be able to draw on his expertise in product development.
Ty is one of the most creative and smart dealmakers in the industry. He has the rare ability to listen to his clients needs, understand the views of the other stakeholders, and arrive at a resolution that supports his client’s profitability and long term goals. I am privileged to be able to work with him and call him my friend.
It is a true pleasure to recommend Ty Sagalow, who I have known professionally for more than a decade. Ty is an exceptional person and worker. Rarely in my 3 decades of business life have I found someone who combines his in depth knowledge of his subject area with his personal skills, his creative problem solving and his energy as completely as Ty does. An exceptional person and professional.
Ty, just received the below from the carrier:
By letter dated September 11, 2016, [Carrier] informed [Insured] that it was unable to find coverage for the Counterclaims under the E&O Policy for the reasons discussed in detail therein. [Carrier] reiterated its declination of coverage by letter dated January 13, 2017. By email dated February 8, 2017, you again challenged [Carrier] declination of coverage, attaching a letter from Innovation Insurance Group. [Carrier] has closely reviewed the additional information provided, and … will provide a defense to [Insured]
THANK-YOU, THANK-YOU, THANK-YOU!!
Johathan Marc Davidoff
Davidoff Law Firm, P.L.L.C.
Darwin’s expert, Ty R. Sagalow, is qualified under Rule 702 by way of his experience and education. Mr. Sagalow has over 30 years’ experience as an insurance executive, and has served as both chief underwriting officer and general counsel at one of the world’s largest insurance companies. His diverse professional experience at a variety of companies in the insurance industry demonstrates a breadth of experience drafting and interpreting policies, making underwriting decisions, and claims handling….The Court concludes that Sagalow’s experience, training and education provided a sufficient foundation of reliability for his testimony. His specialized knowledge in the insurance field may be helpful to the trier of fact in understanding the evidence or determining facts in issue.