April 25, 2013

Kevin Kelley from Ironshore Discusses industry performance, reputation risk

Kevin Kelley, CEO of Ironshore spoke with WRIN.tv about:

How the industry was doing;
Reputation Insurance a new product that Ironshore just launched
Product development
International expansion; and
The biggest trend that will be impacting the insurance industries clients — Obamacare

Kevin H. Kelley is Chief Executive Officer of Ironshore Inc. Mr. Kelley joined Ironshore in 2008 following his professional tenure at AIG’s Lexington Insurance Company, where he is credited with building it into a leading excess and surplus lines insurance company. Under his leadership, Mr. Kelley has expanded Ironshore's international presence with a network of offices offering diverse, specialty insurance coverages around the world.

Mr. Kelley served as Chairman of the Board and Chief Executive Officer of Lexington Insurance Company from 1997 to 2008. He held various management positions throughout his career with the AIG subsidiary, starting as a Senior Underwriter in 1975. He was elected President and Chief Executive Officer in 1987, after having held a variety of leadership roles within the company, including Executive Vice President of AIG Property Casualty Group and President of AIG Domestic Personal Lines.

Ty Sagalow's unique background in legal, underwriting, policy drafting and claims – and his designation as a “qualified insurance expert” by the United States District Court for the Southern District of California – offers attorneys an unparalleled resource in D&O, E&O and Cyber insurance coverage disputes. He was also named "Most Helpful Expert" in a recent $8.7M coverage decision.

Mr. Sagalow served as Chief Underwriting Officer and General Counsel for AIG Executive Liability (formerly National Union Fire Insurance Company of Pittsburgh, PA), the world’s largest carrier of Directors and Officers Liability and Professional Liability Insurance. As General Counsel, Mr. Sagalow personally wrote or led teams that wrote all the D&O policies and many of the professional liability policies that AIG produced between 1988 and 2000 – policies which continue to serve as the foundational wording for the D&O and professional liability policies in the market today. As AIG Executive Liability’s Chief Underwriting Officer, Mr. Sagalow was charged with all underwriting interpretations and decisions for AIG D&O/E&O policies. In 2009, Mr. Sagalow headed up the team that rewrote all D&O policies for Zurich North America.

Ty is a cum laude graduate of Georgetown University Law Center and holds a LLM from New York University School of Law.

Innovation Insurance Group is an insurance consulting firm and insurance brokerage founded by 30-year insurance executive, Ty R. Sagalow, former Chief Underwriting Officer, General Counsel and Chief Innovation Officer at AIG, and former Chief Innovation Officer at Zurich, NA and Tower Group. IIG focuses on three core practice groups: product development, expert witness services (primarily in the Management and Professional Liability areas), and bitcoin industry brokerage services.

Learn more about Ty R. Sagalow
Learn more about Innovation Insurance Group
Learn more about InsurTech Consulting
Learn more about Bitcoin Insurance Agency

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Kevin Kelley from Ironshore Discusses industry performance, reputation risk

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