2009570007 - ARIAS•U.S.

Jonathan Bank

Overview
Experience
Biography

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Personal Information

Address:

10776 Wilshire Blvd #502
Los Angeles, California 90024
United States
Phone:

+1 213 400 6400
Email:

jfbank4@gmail.com

Credentials

Attorney:

Yes
Education:

Graduated Creighton School of Law and admitted to the CA Bar in 1969 and the NY Bar in 1980. I have a wide range of reinsurance/insurance experience. and in the 1980-90s published extensively in trade magazines. I am very familiar with the custom and practice of the industry. I have been General Counsel of both insurance and reinsurance companies and have extensive experience as in-house and outside counsel over my 50 year career.
Degrees:

BBA/JD
Designations:

ARIAS Certified Umpire
Additional Information:

Upon request
Offering Services as Expert Witness in:

Reinsurance
Certified Arbitrator:

Yes
Certified Umpire:

Yes

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Work Experience

Current director of an insurance or reinsurance company: No

Former director of an insurance or reinsurance company: Yes

Current officer of an insurance or reinsurance company: No

Former officer of an insurance or reinsurance company: Yes

Insurance Company: See above

Insurance Company: Legal Department

Reinsurance Company: See above

Reinsurance Department: Reinsurance Department, Legal Department

Insurance - related firms: See above

Law Firm (insurance/reinsurance practice): See above

Law Firm Experience: Counsel, Partner

Independent/Other Relevant Experience: See above

Other Work Experience: Consultant

Breakdown of Experience

Accident & Health: 10%

Alternative/ Self Insurance/ Risk Management: 10%

Architects & Engineers: 0%

Asbestos: 10%

Automobile Liability/Property: 10%

Aviation: 0%

Bad Faith/Eco: 25%

Captives/Risk Retention Groups: 15%

Catastrophes (Casualty): 0%

Catastrophes (Property): 0%

Commercial Liability: 10%

Commercial Property: 15%

Commutations: 25%

Construction Defects: 0%

Contract Wording: 10%

Directors & Officers: 0%

Disability: 5%

Employment Practices Liability: 5%

Energy: 0%

Environmental/Pollution: 25%

Excess/Surplus Lines: 20%

Fidelity &, Surety: 0%

Financial Guarantee: 10%

Finite: 5%

Healthcare: 5%

Insolvencies: 40%

Intellectual Property: 0%

International: 30%

Libel/Slander/Media Liability: 0%

Life: 15%

Lloyd's: 30%

London Company Market: 25%

Long Term Disability: 0%

MGA/MGU: 35%

Ocean Marine: 0%

Personal Lines: 10%

Political Risk : 0%

Product Liability: 0%

Product/Consumer Warranties: 0%

Professional Liability/Errors &, Omissions: 15%

Regulatory/Licensing: 20%

Third Party Administrator: 35%

Toxic Tort: 25%

Workers' Compensation: 10%

By Market

Bermuda/Off- Shore Market: 1-25%

U.K. Market: 25-50%

U.S. Market: 50-75%

Mediation Experience

Minimum Number of Mediations as Counsel: 3

Minimum Number of Mediations as Mediator: 2

ARIAS Experience

ARIAS Conference Faculty: Yes

Ethics Training, as Faculty: No

Ethics Training, as Trainee: No

Other Approved Training: No

Workshops, As Faculty: Yes

Workshops, as Trainee: No

Arbitration Experience

Number of Arbitrations as an Arbitrator: 19+

Number of Appointments as Arbitrator: 18

Completed Arbitrations as Arbitrator: 10

Number of Arbitrations as Outside Counsel: 40+

Arbitration Experience: As Corporate Representative: Yes

Arbitration Experience: As Employee Manager: No

Umpire Experience

Number of Arbitrations as an Umpire: 10

Number of Appointments as Umpire: 10

Completed Arbitrations as Umpire: 6

Biography

Since the early 1970s, my career has focused exclusively on reinsurance/ insurance (life/pc, and insurer insolvency). In addition to private practice, I spent almost 12 years as in house counsel or General counsel of pc or life companies, with almost 2 years at PwC as Director of US insurance solvency and 3 years with CX Re and Pro Insurance Solutions working from London.

My practice began in 1969 as in-house counsel at Teledyne Inc, which acquired Argonaut Insurance Company, UNICOA (United Life) and Trinity Insurance Company (among others). I spent a combined 7 years working on reinsurance/insurance issues related to those companies and was GC of Argonaut and vice-president/general counsel of CX Re. In 1976 I joined a California law firm and created an insurance/reinsurance practice, one of the very few firms at the time to specialize in reinsurance issues. I have been on 3 board of directors, including the NY Stock Exchange Company, Platinum Reinsurance.I have been admitted to the state bars of both NY, NE and CA. I have represented both insurers, reinsurers & MGA/TPA's. and spent the better part of 3 years in London with PwC and CX Reinsurance Company involved in 'legacy' run-off business. My involvement in reinsurance arbitrations predated ARIAS by many years, but. since my affiliation with ARIAS I have acted as an arbitrator 19 times, an Umpire 9 time, and counsel numerous times. I accept Umpire engagements. Over my 50+ years of practice within the insurance/reinsurance industry, I have become extremely familiar with its 'custom and practice'.