Cormac Breslin

Bermuda Claims Liability Specialist at ArgoGlobal, London
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Contact Information
us****@****om
(386) 825-5501
Location
Ireland, IE

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Cormac is a consummate professional; highly organized, motivated, thorough and extremely personable.

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Experience

    • United Kingdom
    • Insurance
    • 1 - 100 Employee
    • Bermuda Claims Liability Specialist
      • Mar 2019 - Present

    • Bermuda
    • Insurance
    • 700 & Above Employee
    • Claims Manager - Excess Casualty
      • 2010 - Dec 2016

      Reporting to the Group Head of Insurance Claims, responsible for Global Excess Casualty Claims arising from (i) Aspen Insurance U.K. Ltd (Company) and (ii) Aspen Managing Agency Ltd (Lloyd’s Syndicate 4711) paper. Operating with a Claims Settlement Authority limit of $10m.Managing a Claims population of >900 cases including > 50 with the capacity to seriously threaten the Company’s Excess Policy Limits. Ensuring that senior Claims, Underwriting and Actuarial Management are kept fully apprised of developments on the Global Excess Casualty Claims book. Developing and implementing a plan to reduce the open claims population. Expert & ALAE Management on the Global Excess casualty book. Mentoring Claims staff in respect of Excess of Loss claims. Raising the profile of the Aspen Claims operation. Producing executive reports and meeting with Aspen senior management on a quarterly basis.

    • Bermuda
    • Insurance
    • 700 & Above Employee
    • Claims Professional / Head of European Excess of Loss of Claims / Claims Manager / Vice President
      • 1994 - 2009

      Head of the European Excess of Loss Claims Department.Compliance Officer from March 1995 through January 2003.Claims representative at all meetings related to the Dublin/ London Excess of Loss books of business including Arbitrations + Mediations in Europe, USA and Bermuda. Leading XL’s Recruitment process and talent management initiative for the Excess of Loss Claims operation. Production of executive reports for senior XL Management and Outwards Reinsurers.Regular dialogue with Group Reinsurance on all claim developments &/or settlements and their effect on XL’s Reinsurance programmes.Claim settlement authority of US$5m and active involvement in settlements in excess of this figure. Control of annual Claims Budget for the Dublin office.

    • Claims Manager (contract)
      • 1993 - 1993

    • Senior Supervisor, Casualty Claims / Adjuster, Casualty Claims
      • 1988 - 1993

    • Claims Official
      • 1977 - 1988

    • Switzerland
    • Insurance
    • 700 & Above Employee
    • Accident Underwriter
      • 1974 - 1977

Education

  • Trinity College Dublin
    Innovation Academy - Postgraduate Cert.
    2017 - 2018
  • American Educational Institute
    Casualty Claims Law Associate
    -
  • The Chartered Insurance Institute
    ACII - Distinction in Liability Insurance
    -

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