| At Buxbaum Loggia, Louis Ontanon is a Team Leader for casualty and property inspections. Additional responsibilities include commutation strategy and asset management. Specializing in reinsurance consulting services focusing on claims, underwriting, accounting, reinsurance collections/commutations, dispute resolution and arbitrations, and forensic claims, premium reconciliation and underwriting audits |
| Education: |
California State University at Northridge, Northridge, CA – Bachelor of Arts
Pepperdine University, Malibu, CA – Executive MBA Program
Certified Arbitrator, ARIAS U.S. |
| Experience: |
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| 2002 – 2004 |
Principal – Reinsurance Consultants |
| Specialized in consulting to the insurance/reinsurance industry with a concentration in runoff, insolvency, asset recovery, and forensic claims, premium accounting and underwriting audits. Also negotiated commutations and litigation settlements for clients with reinsurers worldwide and performed due diligence audits. Provided expert witness testimony on behalf of clients in litigation. Assisted in the evaluation and creation of collection/litigation strategies. Represented clients on various creditors' committees in the United Kingdom and Bermuda. |
| 1990 – 2002 |
Vice President of Reinsurance – Transit Casualty Company in Receivership |
| Developed and monitored strategies resulting in the recovery of $1.5 billion. Negotiated settlements/commutations with reinsurers worldwide. Coordinated and monitored litigation on behalf of the receivership. Analyzed the financial condition of reinsurers, reducing the credit risk from financially impaired companies. Restructured and oversaw the performance of the reinsurance technical staff and also functioned as an expert witness. Represented the receivership on various creditors' committees. |
| 1985 – 1990 |
Vice President – California Reinsurance Management |
| Assisted in the management of a reinsurance pool and was involved in the production of new and renewal business. Participated in the underwriting of property and casualty treaty business. Responsible for monitoring assumed claims and retrocessional recoveries. |
| 1983 – 1985 |
Assistant Vice President – RFC Management |
| Worked as a broker in the production and service of accounts. |
| 1980 – 1983 |
Reinsurance Analyst – Transamerica Insurance Company |
| Audited ceding companies, determined proper loss and premium allocations, approved settlements and established reserves. |
| 1979 – 1980 |
Casualty Claims Manager – Mercury Casualty Insurance Company |
| Handled large casualty claims, attended settlement conferences and monitored litigation. |
| 1976 – 1979 |
Claims Office Manager – Safeco Insurance Company |
| Supervised multi-line claims office. Promoted from field adjustor in 1977. |
