About Our Principal

principal

RunOff Re.Solve LLC is wholly owned by Andrew Rothseid.

Mr. Rothseid has over twenty five years of professional experience within the insurance and reinsurance industry as a:

  • Partner in PricewaterhouseCoopers LLP
  • Managing Director of a London Market run off operation
  • General Counsel and Director of American and Bermudian property and casualty run off insurers and reinsurers
  • Private practice lawyer
  • Arbitrator

Mr. Rothseid has served as a lawyer, general counsel, executive officer, director and scheme of arrangement advisor for insurers and reinsurers in run off.

Mr. Rothseid currently serves as a director of ACA Financial Guaranty Corporation.

Current advisory engagements include responsibility for managing the run off of Y-Mutual Insurance Ltd. (Bermuda) and GTE REinsurance Company Limited (Vermont).

Mr. Rothseid is a frequent speaker, writer, expert witness and ARIAS·U.S. certified arbitrator in varied matters effecting the global insurance and reinsurance industry.

Professional & Business Experience

Representative National and International Experience

  • Representative National Experience
    • Advised on the strategies, operational and regulatory aspects of each of the most significant exits from the US property and casualty market in the last eight years
    • Member of the Connecticut Insurance Department Special Task Force on Insurance Company Run Off and Reorganization
    • Drafted the enabling regulations (Regulation 68) for Chapter 27-14.5 of the Rhode Island Insurance Code “Voluntary Restructuring of Solvent Insurers”
  • Representative Bermuda Experience
    • Developed and supervised the implementation of solvent schemes of arrangement that delivered finality to several Bermuda domiciled insurance run off entities
    • Evaluated the run off plans of US and Bermuda based reinsurance companies on behalf of business owners, investors and regulators
    • Investigated US and Bermuda based reinsurance companies for acquirers of run off portfolio
  • Representative London Market Experience
    • Generated significant net asset value as the Managing Director of a London Market run off company allowing the run off owner to exit the business
    • Established large value offsets of reinsurance balances between London Market insurance clients and a significant US insolvent estate
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