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Peter A. Scarpato
696 Long Acre Lane Yardley, PA 19067
Telephone: (215) 369-4329
Email: peter@conflictresolved.com

PROFILE

Arbitrator, mediator, attorney, and run-off expert with over twenty-five years "hands-on" experience as director, senior manager and legal officer of domestic and international property and casualty insurance and reinsurance companies. Expert in negotiation, arbitration, auditing, litigation management, alternative dispute resolution, and settlement of complex disputes, drafting and negotiation of corporate contracts to close, closure of third party administrators and runoff of books of business. Demonstrated track record managing accounting, collections, underwriting and premium processing staff and settling billions of dollars in insurance and reinsurance liabilities and receivables.

EXPERIENCE

CONFLICT RESOLVED, LLC
President 2005-Present
Alternative dispute resolution and run-off services.

AMERICAN INTERNATIONAL GROUP, INC.

RMG - Senior Vice President – Profit Center Manager of Global Surety Division, 2004-2005
          Chief Operating Officer of Global Surety Division 2003-2004

Reporting to the President of RMG, responsible to design, implement and monitor all underwriting, accounting, credit, systems and legal processes and procedures necessary to execute new business strategy and run off strategy for discontinued accounts

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AIGRM - Vice President – Counsel of Run Off Divisions 1998-2002

Establish and manage runoff department for captive association insurance and reinsurance business.

Senior regulatory officer for auto warranty runoff – manage consumer complaint department, accounting, claims, legal and support staff and correspond and meet with insurance departments to address issues.

Negotiate and close commutations, novations and loss portfolio transfers.

Manage Legal Collections Unit seeking over $90M in receivables and initiate litigation/arbitrations.

Manage AI Recovery Unit, nationwide salvage and subrogation collections unit responsible for $300M in collections in 2001.

CONSOLIDATED INTERNATIONAL GROUP, INC. 1985 - 1997
Senior Vice President - Counsel, 1997

AMERICAN CENTENNIAL INSURANCE COMPANY (Subsidiary)
Executive Vice President, General Counsel and Assistant Secretary, 1994 - 97;
Board of Directors, 1992 - 97; Senior Vice President, General Counsel, Assistant
Secretary 1990 - 94; Vice President - Counsel, 1985 - 90

BRITISH INTERNATIONAL INSURANCE COMPANY, LTD (Subsidiary)
Executive Vice President - General Counsel, 1997; Board of Directors, 1997

FIRST DELAWARE FINANCIAL GROUP, INC. (Former Parent Company)
Executive Vice President, General Counsel, Assistant Secretary; Board of Directors 1994 - 95

Chief legal officer and board member of property/casualty companies.

Manage and control in-house and outside counsel responsible for hundreds of insurance and reinsurance arbitrations and litigations in North, Central and South America, Bermuda, Europe and the Far East.

Analyze arbitration/court rulings and adjust case strategy and operations.

Develop and implement policies and procedures to budget and track internal and outside legal fees and costs to manage loss adjustment expenses.

Negotiate, settle and draft agreements for hundreds of reinsurance commutations and policy buyouts, eliminating billions of dollars in exposure.

Joint supervisory responsibility for audit, claims and collections departments.

Corporate legal work: drafted and negotiated contracts for construction, franchise, real estate projects, and to sell lines of business and subsidiaries.

Counsel Human Resources on employer/employee, Age and Sex Discrimination, COBRA, 401K and other issues.

NEW YORK TELEPHONE COMPANY

Regulatory Counsel, 1984 - 85
Litigation and regulatory counsel for rate case filings with the New York Department of Public Service. Directed state and federal trial and appellate litigation on Dial-It Service.

PITNEY, HARDIN, KIPP & SZUCH

Litigation Associate, 1982 - 84
Responsible for state and federal insurance and commercial litigation concerning asbestos, First Amendment, product liability and trademark infringement.

SUPERIOR COURT OF THE STATE OF NEW JERSEY, LAW DIVISION
Judicial Clerk to the Hon. David G. Lucas, Judge of the Superior Court, 1981 - 82

EDUCATION

RUTGERS SCHOOL OF LAW, RUTGERS UNIVERSITY, CAMDEN, NJ
Juris Doctor, 1981; Dean's List

RUTGERS COLLEGE, RUTGERS UNIVERSITY, NEW BRUNSWICK, NJ
BA in Slavic Languages and Literature, 1978 Graduated with High Honors, Phi Beta Kappa, National Slavic Honor Society

BAR ADMISSIONS AND PROFESSIONAL AFFILIATIONS

Certified Arbitrator and Mediator for ARIAS-US, NASD, NYSE, Reinsurance Association of America, National Arbitration and Mediation (NAM), National Arbitration Forum, The Jansen Group, Inc., NY State Federal and State Courts, and Mediator for Volunteer Lawyers for the Arts; NJ Supreme Court and U.S. District Courts 1981; Appellate Division of NY 1985; Supreme Court of the United States of America 1985; New Jersey Association of Professional Mediators; American Bar Association; New Jersey and New York State, and City of New York Bar Associations.

 
     

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