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Apetrop USA | Pioneering insurance block transfers under Vermont’s LIMA legislation

Apetrop USA founder Anna Petropoulos is named AIRROC Person of the Year. The Association of Insurance and Reinsurance Run-Off Companies has named Anna Petropoulos, founder and president of Apetrop USA, Inc., as its Person of the Year. Solutions for the transfer and management of legacy insurance assets. LIMA represents the first instance of US legislation enabling the transfer of closed blocks of commercial insurance policies, thus creating for the first time a legal and regulatory framework and marketpl...

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Apetrop USA | Pioneering insurance block transfers under Vermont’s LIMA legislation | apetropusa.com Reviews

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Apetrop USA founder Anna Petropoulos is named AIRROC Person of the Year. The Association of Insurance and Reinsurance Run-Off Companies has named Anna Petropoulos, founder and president of Apetrop USA, Inc., as its Person of the Year. Solutions for the transfer and management of legacy insurance assets. LIMA represents the first instance of US legislation enabling the transfer of closed blocks of commercial insurance policies, thus creating for the first time a legal and regulatory framework and marketpl...

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1 pioneering insurance block

2 transfers under vermont’s

3 lima legislation

4 about apetrop usa

5 services

6 team

7 information sheets

8 about lima

9 introducing lima pdf

10 frequently asked questions

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Apetrop USA | Pioneering insurance block transfers under Vermont’s LIMA legislation | apetropusa.com Reviews

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Apetrop USA founder Anna Petropoulos is named AIRROC Person of the Year. The Association of Insurance and Reinsurance Run-Off Companies has named Anna Petropoulos, founder and president of Apetrop USA, Inc., as its Person of the Year. Solutions for the transfer and management of legacy insurance assets. LIMA represents the first instance of US legislation enabling the transfer of closed blocks of commercial insurance policies, thus creating for the first time a legal and regulatory framework and marketpl...

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apetropusa.com

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Frequently-asked questions | Apetrop USA

http://apetropusa.com/frequently-asked-questions

What is the Legacy Insurance Management Act? How does LIMA work? Which regulatory authority will oversee legacy insurance business transfers under LIMA? What are the benefits of LIMA for insureds? Must a transferring company establish a branch or another affiliate in Vermont or otherwise submit to Vermont’s jurisdiction? Must an assuming company establish an affiliate in Vermont? How does LIMA compare to other methods of transferring insurance and reinsurance business? What is Apetrop USA, Inc? For insur...

2

Press releases | Apetrop USA

http://apetropusa.com/category/press-releases

Apetrop USA founder Anna Petropoulos is named AIRROC Person of the Year. October 24, 2014. The Association of Insurance and Reinsurance Run-Off Companies (AIRROC) has named Anna Petropoulos, founder and president of Apetrop USA, Inc., as its Person of the Year. A native of the United Kingdom, Petropoulos has an extensive background in the successful management of portfolio loss transfers and other types of accelerated closure. Before moving to the US, in 1999 Anna Petropoulos founded Apetrop Ltd. in ...

3

About LIMA | Apetrop USA

http://apetropusa.com/about-lima

The Legacy Insurance Management Act (LIMA). Was passed by the Vermont legislature in January, 2014 and signed by Governor Peter Shumlin on February 19, 2014. The purpose of LIMA is to enable the transfer of closed blocks of commercial insurance business, limited to excess and surplus lines and reinsurance. Of great interest to both the transferring company and the assuming company is the finality of the transaction. Flow chart diagramming the LIMA process. Text of the Legacy Insurance Management Act.

4

Newsroom | Apetrop USA

http://apetropusa.com/category/newsroom

Petropoulos named AIRROC Person of the Year. October 24, 2014. BRATTLEBORO — The Association of Insurance and Reinsurance Run-Off Companies has named Anna Petropoulos, founder and president of Apetrop USA, Inc., as its Person of the Year. Vermont develops run-off capability. April 1, 2014. Legal and Compliance Risk Forum. March 6, 2014. Vermont introduces Part VII lookalike. February 27, 2014. Vermont looks to expand insurance industry success. February 26, 2014. Goldberg Segalla’s Clive O’Connell on LIMA.

5

Team | Apetrop USA

http://apetropusa.com/team

Anna Petropoulos, President. Due to her extensive knowledge of the successful management of portfolio loss transfers and other types of accelerated closure, Anna Petropoulos has spearheaded the introduction of LIMA as an economic catalyst for Vermont. Prior to founding Apetrop Ltd., Anna held the position of Director of Reinsurance at CNA in London. Her previous employers include MFK Underwriting, Willis Faber Ltd, Scottish Lion Insurance Company and Sphere Drake Insurance Ltd. Contact info. Adam Lewis i...

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Apetrop USA | Pioneering insurance block transfers under Vermont’s LIMA legislation

Apetrop USA founder Anna Petropoulos is named AIRROC Person of the Year. The Association of Insurance and Reinsurance Run-Off Companies has named Anna Petropoulos, founder and president of Apetrop USA, Inc., as its Person of the Year. Solutions for the transfer and management of legacy insurance assets. LIMA represents the first instance of US legislation enabling the transfer of closed blocks of commercial insurance policies, thus creating for the first time a legal and regulatory framework and marketpl...

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