A Consistent Record of Achievements Turnaround Management / Run-Off Management Developing Successful Organizations Start-Ups Strategic Business Development and Due Diligence Turnaround Management / Run-Off Management: Developed and produced reinsurance business to diversify a highly concentrated portfolio of financial guarantee products. Managed the stabilization and runoff of a multi-line commercial lines operation, including the migration in-house of numerous MGA controlled programs. Developed and implemented a strategy for the turnaround and strategic exit for a health insurance business. Developed and implemented strategies for the resolution of extraordinary reinsurance disputes implicating in excess of $1.5 Billion in reinsurance recoverables in connection with the runoff of legacy insurance operations. Assisted in the development and implementation of strategies to reduce reinsurance recoverables by more than $1 billion (50%) and increased policyholder surplus by $150 Million (100%) over a three-year period for an insurer. International Division of Major Financial Services and Managed Care Organization - worked with this international financial services organization over an eight-year period through a difficult turnaround, from negative $30 million to positive $150 million and projected $240 million income in 1999. Revenues grew from $500 million to $5 billion. Organization is now globally very well positioned for the future. Assumed interim management responsibility for the workers compensation operations for a large national retail chain. Developed and implemented plan to resolve uncapped liability estimated in the hundreds of millions of dollars as a result of claims resulting from the construction of a residential subdivision adjacent to superfund sites. Negotiated workouts of numerous limited partnership projects on behalf of the company issuing the surety bonds supporting individual investor participation. Structured and drafted aggregate excess of loss agreements providing in excess of one billion dollars of protection in support of a corporate restructuring of an insurance holding company system. Developed and implemented turnaround and divestiture plan for an exclusive resort hotel. Successfully formulated and implemented a strategy for the settlement of a $500 million claim brought by the US Government for liability arising out of a failed Savings & Loan. Successfully developed and implemented strategies for the collection of reinsurance on multiple disputes arising out of the reinsurance of asbestos claims with an amount at issue in excess of $500 million. Successfully negotiated the resolution of a series of litigated reinsurance disputes arising out of environmental liabilities that involved numerous parties in multiple countries. The exposure to all parties on the legal fees to litigate the reinsurance disputes was itself estimated to be in excess of $200 million. Negotiated resolution of litigation with amount in dispute in excess of $40 million arising out of "fronting" relationship with a foreign reinsurer. Final settlement was on economic terms more favorable than initial offer.