AIRROC -- Leveraging Legacy Liabilities

Leg·a·cy [leg-uh-see] Noun - Anything handed down from the past, as from a predecessor or ancestor.

Welcome to the online home of AIRROC, the only US based non-profit association focusing on the legacy sector of the insurance and reinsurance industries. 

We are an organization of companies that have legacy business in their portfolio. Membership is on a corporate level and given the impact and importance of legacy business to the entire industry, AIRROC has attracted many talented and experienced participants. The members include major US and international insurance and reinsurance companies, well-known rehabilitations, receiverships and liquidations that impact a significant portion of US and overseas business, brokers, third-party administrators and run-off managers.

AIRROC’s Value Proposition

AIRROC is an organization that has a legacy of success.

Connections. Meetings. Networking.
Meet face-to-face with counter parties managing live and discontinued business Work toward claims finality and resolve disputes.

Business. Get The Job Done.
Establish new partnerships or enhance existing relationships.  Obtain pre-meeting access to names and contact information of attendees.  Agree upon when and who to meet and come better prepared.

Education and Workshops. Current Topics. For Free.  
Gain understanding of industry issues from top-notch faculty and experts on a variety of subjects. No registration fees for members. 

AIRROC Dispute Resolution Process (DRP)

Streamline. Save Costs.

AIRROC’s DRP is an industry service which offers access to more than 60 approved arbitrators who have agreed to work with parties within the DRP process to quickly and efficiently resolve your small dollar disputes for $150 per hour.

Features:

  • —Parties agree on terms and conditions of DRP
  • —Single arbitrator
  • Binding, no precedent
  • No discovery or briefs - documentary evidence only
  • —No live witness testimony unless the parties agree otherwise
  • Award within 30 days of briefs, or conclusion of hearing
  • —3 to 4 months start to finish
  • Designed to address 1-2 contractual issues