2009570434 - ARIAS•U.S.

Alan Borst

Overview
Experience
Biography

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Personal Information

Address:

743 The Parkway
Mamaroneck, New York 10543
United States
Phone:

914 261 9076
Email:

awbjr57@gmail.com

Credentials

Attorney:

Yes
Education:

Phillips Exeter Academy Institut Des Etudes Politique de Paris University of Michigan (BA) University of Maryland (JD)
Degrees:

Certified FINRA arbitrator/ CPCU/ Associate in Reinsurance
Designations:

Commercial mediator (New York and Westchester counties)
Languages Spoken (English is Assumed):

French, Italian
Certified Arbitrator:

Yes

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Work Experience

Former officer of an insurance or reinsurance company: Yes

Insurance Company: AIG - Corporate D&O claims 11 years; Alliance Atttorneys liability claims (3 years)

Insurance Company: Claim Department, Assumed Reinsurance Department

Reinsurance Company: AL Reinsurance - assumed treaty claims - all lines (9 years)

Reinsurance Department: Claim Department

Law Firm (insurance/reinsurance practice): Lane & Mittendorf (6 years); Sheft Wright & Sweeny (3 years)

Law Firm Experience: Associate

Breakdown of Experience

Architects & Engineers: Adjusted A&E claims for Allianz Corporate and Specialty

Bad Faith/Eco: Advised Excess Market on ECO exposure to Wiles Circuit and Tremblay and many others

Commercial Liability: Advised insurers of toxic waste and pollution claims Brought an action against CGL carrier for damage and business interruption (time element)

Commercial Property: Environmental Claims

Contract Wording: Advised AIG on D&O liability form Advised XL on treaty and slip wordings

Directors & Officers: Extensive experience with D&O including public company (Fortune 100), private and non-profit at AIG (the largest D&O carrier at the time).

Disability: Litigated dispute disability claims at Lane & Mittendorf. Wrote the brief to the Court of Appeals in Bravato v Berkshirre Life and the issue of "occupation"

Environmental/Pollution: While an associate at Sheft Wright & Sweeny I counseled AIG and London Market insurers on environmental risks.

Life: Brought declaratory judgement / rescission cases on life and disability policies

Professional Liability/Errors &, Omissions: Large Lawyers, Accountants, Brokers and Dealers

By Market

Bermuda/Off- Shore Market: 1-25%

U.S. Market: 50-75%

ARIAS Experience

Workshops, as Trainee: Yes

Arbitration Experience

Arbitration Experience: As Corporate Representative: Provided deposition testimony in successful arbitration brough by ceding company

Biography

I am a career insurance professional with deep subject matter experience in D&O and professional liability, but also professional experience in CGL, reinsurance (all lines), life and disability. As a coverage attorney for US and London based carriers I have obtained favorable outcomes in the great majority of my litigations and arbitrations. I take a practical approach to coverage especially when the wordings permit such an approach or are silent.