Surety Reinsurance and its Role in the Market
Recorded On: 10/07/2014
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A broad array of small, regional and large insurers are involved in various types of surety products and often form surety reinsurance relationships as part of a risk management and risk financing strategy. This surety reinsurance discussion touches on some of the basic characteristics of the industry and its participants.
Jim McMahon
Manager, Gen Re Surety and Fidelity
Jim is the manager of Gen Re’s Surety and Fidelity business, responsible for marketing and underwriting the bond portfolio across the US and Canada. He started his insurance career with Chubb in 1979, working in various regions out of offices in Chicago, Atlanta, Philadelphia and London. Jim joined General Re in 1993.
Jim is a past representative to the board of the Surety and Fidelity Association of America with active participation on the Government Affairs Advisory Committee, the Contract Bonds Advisory Committee and the Small and Emerging Contractors committee. As an industry speaker, Jim has presented at numerous Surety and Fidelity events including NAIS, NASBP and SFAA. He received his BA in Economics and History from Duke University and his MBA from The Cass Business School, City University in London, England. He also studied Alternative Dispute Resolution, Negotiation and Mediation at NYU, Contract Law at the Wharton Business School and Accounting at Mercer University.
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