Insurance Sales

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Sallie B. Kraus

***********@*****.*** 100 Morgan Street Apt 401, Stamford, CT 069**-***-*** 4422

Attorney and claim executive experienced in coverage, resolving claims and disputes. Mitigate exposure of global

insurers and reinsurers. Saved millions of dollars in indemnity and litigation expenses. Resolve accounting and billing

disputes, advise marketing and underwriting teams on claim and coverage issues. Excellent client relationships. Write

articles and presentations on emerging issues.

Professional Experience

Axa Liabilities Managers, New York, NY August 2010- Present

Claim Consultant

• Manage portfolio of assumed reinsurance claims for domestic insurance companies including products,

environmental, asbestos.

• Evaluate exposure, determine case values and reserves.

• Research contract and corporate histories, wording, coverage and claims issues, e.g., including trigger,

allocation, bankruptcy and insolvency.

• Conduct claim and commutation audits.

• Resolve reinsurance contract, coverage and accounting issues and disputes with brokers and cedents.

Mendes and Mount, New York, NY 2009- 2010

Attorney

• Analyzed legal and claim issues regarding assumed reinsurance claims on behalf of London Market

reinsurers.

• Researched and wrote memoranda associated with regulatory, bankruptcy, insurance insolvency issues for a

range of casualty claims, including products, mass tort, environmental, weather.

• Conducted legal and factual research, wrote status reports and coverage opinions.

• Conducted claim audits at US cedents.

• Researched report, presentation for London underwriters and published article on Chinese drywall.

SCOR Reinsurance Company, New York, NY 2008 - 2009

Claim Consultant

• Managed a portfolio o of run-off reinsurance claims, including, directors & officers and professional

liability, environmental, products and premises liability..

• Proactively investigated, evaluated, adjusted, settled assumed reinsurance claims.

• Determined case values, and recommended reserves.

• Resolved coverage and accounting issues and disputes, resulting in significant cost savings. Analyzed

bankruptcy and regulatory issues in connection with evaluation of claim exposure.

• Advised underwriters on professional liabilityand emerging toxic tort issues.

General Reinsurance Corporation, Stamford, CT 1995 – 2007

Claim Attorney

Mitigated risk and exposure by resolving and directors and officers, professional liability environmental, asbestos,

toxic tort, products claims and disputes. Analyzed and evaluated liability, damages, and coverage.

• Negotiated claim settlements in direct claims that saved millions of dollars in defense and indemnity.

• Resolved high-profile environmental and toxic tort coverage declaratory judgment actions and reinsurance

arbitrations.

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• Advised clients on coverage, litigation strategy, bad faith and best practices in claims handling.

• Identified retrocessional coverage prepared reports to support recoveries from the London Market.

• Supported marketing and underwriting teams for reinsurance quotes and renewals. Conducted domestic and

international pre-quote audits.

• Researched coverage issues for the underwriting and sales teams.

• Developed client relationships by organizing client seminars and events.

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American International Group, New York, NY 1991 – 1995

Senior Claim Attorney

Managed high-profile environmental claims and litigation. Analyzed coverage and exposure, determined case

strategy, and settled cases nationwide. Saved millions of dollars in indemnity and litigation expense. Analyzed

coverage defenses, evaluating litigation risk and negotiating favorable settlements.

• Organized joint defense groups. Selected, supervised defense counsel and consultants.

• Analyzed applicable reinsurance to determine AIG net exposure.

• Handled claims under fronting programs.

• Managed declaratory judgment litigation budgets under company’s litigation management guidelines.

• Organized staff training on state unfair claims practices regulations.

Education

Juris Doctor, Benjamin N. Cardozo School of Law, Yeshiva University, New York, NY

• Competitions Editor, Moot Court Board

• Alexander Judicial Fellowship, Chambers of Hon. Shirley Wohl Kram, United States District

Court for the Southern District of New York.

• Summer Associate, Schatz, Schatz, Ribicoff & Kotkin Stamford, CT

• Student Clerk, New York City Dept. of Law, General Litigation Division. Received Division Commendation

• Co-founder, Cardozo Environmental Law Society

• Founder and Chair, Cardozo CT Regional Alumni Club

Master of City and Regional Planning, Rutgers University, New Brunswick, NJ

• Concentration in Public Administration

• Advanced seminars at Rutgers’ Eagleton Institute and NYU

• Research Assistant, Rutgers Center for Urban Policy Research

Bachelor of Arts, cum laude, University of Connecticut, Storrs, CT

• Individualized major in English and Urban History

• Phi Alpha Theta, National History Honor Society

• Internship Scholarships: Office of Hon. Christopher J. Dodd and U.S. House Operations Committee

Bar Admissions New York and Connecticut

Articles/Presentations

• Co-Author-- Coverage Update on Chinese Drywall Claims New York State Bar Insurance Coverage- May

2011

• Co-author --New Developments in Chinese Drywall Claims” Lexis/Nexis September 2010

• Author --“Insurance Implications of Climate Change: Tornadoes are not Just in Kansas” Lexis Nexis June

2008

• Presenter -- “ Insurance Issues Associated with Climate Change” Practicing Law Institute September 2008

Community Involvement

Jewish Family Service of Stamford, former board member

Stamford Hadassah Attorneys’ Council, founder and chair

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United Jewish Federation, Stamford, former member Allocations Committee

Stamford Symphony, volunteer

CT Association for Children and Adults with Learning Disabilities, former board member

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