In the first of GCP's Covid-19 Captive Series, Richard is joined by two US-based lawyers to discuss the questions already rising regarding relevant coverage in the face of the global pandemic, the claims activity which is beginning and the potential disputes down the line.
Joseph Holahan, Of Counsel at Morris, Manning & Martin in Washington DC, and Peter Halprin, Partner at Pasich LLP based in New York, also consider the role of captives and how they must tread carefully regarding the treatment of claims.
This episode is the first in a series of upcoming focuses on Covid-19 and its impact on captive insurers, their owners and the broader captive market. Further episodes on governance and board meetings, captive investment portfolios and captive employee benefit programmes exposures to the coronavirus will follow in the coming days.
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The speakers that feature in this episode are:
Joseph Holahan is an Attorney at Morris, Manning & Martin, LLP and a member of the firm’s Insurance and Reinsurance Group. Based in Washington, D.C., Joe has extensive experience in the development and maintenance of captive insurance programs, including all aspects of formation, licensing, regulation and governance.
Joe is a board member and currently President of the Captive Insurance Council of the District of Columbia. He also is a board member and instructor for the International Center for Captive Insurance Education and a past Chair of the Vermont Captive Insurance Association Legislative Committee.
Morris, Manning & Martin, LLP is a full-service law firm with over 190 attorneys. The firm is well known for its insurance regulatory, corporate and transactional practice.
Peter A. Halprin is a partner in Pasich LLP’s New York office. Peter represents commercial policyholders in complex insurance coverage matters with a focus on recovery strategies in relation to captive insurance, cyber crime, natural disasters, professional services and technology disputes, and regulatory investigations. Over the course of his career, Peter has arbitrated, litigated, and mediated claims involving a broad range of insurance policies and recovered hundreds of millions of dollars in insurance proceeds for policyholders.