FTI Consulting, Inc. (NYSE:FCN), the global business advisory firm
dedicated to helping organizations protect and enhance their
enterprise value, today announced that FTI Consulting had the most
professionals of any firm named to the Who’s Who Legal 2016
Insurance and Reinsurance Expert list.
“Each of the professionals recognized on this prestigious list
has a proven track record of creating tremendous value for their
clients,” said Neal Hochberg, Global Leader of the Forensic &
Litigation Consulting segment at FTI Consulting. “The fact that FTI
Consulting has the most experts of any firm is a reflection of our
global platform and our commitment to investing in the best
professionals to serve the insurance industry.”
The insurance and reinsurance expert witnesses included on the
Who’s Who Legal Insurance and Reinsurance Expert list are a crucial
asset to lawyers, providing evidence on insurance coverage and
claims, risk transfer, valuations and damages.
FTI Consulting professionals named to the 2016 list include:
Paul Braithwaite*,
Insurance Practice Co-Leader and Senior Managing Director –
New York
Mr. Braithwaite has more than 30 years of industry experience
and brings deep knowledge and understanding of actuarial science,
underwriting, insurance and reinsurance company management to his
clients. Mr. Braithwaite was previously the President of the
Casualty Actuarial Society. He assists clients as an Appointed
Actuary to insurance companies, provides expert testimony/dispute
resolution support, loss reserve estimation (including asbestos and
environmental), reinsurance commutations/reserve reviews,
underwriting audits, due diligence, finite risk/structured product
pricing analysis and regulatory services. Mr. Braithwaite has
provided expert testimony in the United States and in London on
diverse topics including damage estimates, insurance and
reinsurance pricing and underwriting practices, reinsurance
underwriting custom and practice, reinsurance accounting and risk
transfer, profit commissions, adjustable premium mechanisms,
rehabilitation plans, solvent schemes of arrangement,
self-insurance and captive liabilities and compliance with
actuarial standards of practice.
Wendy Shapss, Insurance Practice Co-Leader and Senior
Managing Director – New York
Ms. Shapss has more than 20 years of insurance and other
industry experience in accounting, auditing, fraud and
financial-based matters. Ms. Shapss specializes in insurance
industry litigation consulting, forensic accounting, fraud and
financial investigations and bankruptcy consulting. On insurance
matters, Ms. Shapss has provided expert testimony in purchase price
dispute arbitrations and factual testimony in cases involving
preference actions, as well as advice and factual testimony through
written and oral presentations at arbitrations, depositions and
settlement conferences.
Richard Hershman, Senior Advisor – New
York
Mr. Hershman has more than 40 years of professional insurance
industry experience in accounting, auditing, financial
investigations and complex financial matters involving financial
reporting and the application of generally accepted accounting
principles (“GAAP”) and statutory accounting principles. Mr.
Hershman has been retained as an expert on more than 30
insurance-related matters and has been deposed and testified at
arbitrations and trials in connection with those matters. His work
as an expert witness includes opining on insurance statutory and
GAAP accounting issues, insurance carrier solvency, reinsurance
agreements, damages, acquisition agreements, managing general
agencies and life settlements.
Greg Thaler, Senior Managing Director – San
Francisco
Mr. Thaler is a forensic accountant with more than 20 years of
experience preparing hundreds of large, complex property and
business interruption insurance claims as well as cyber, product
recall and builder’s risk claims. He has testified regarding
economic damages on high profile litigation matters, including
losses involving over $900 million resulting from Hurricane Katrina
and the events of 9/11. Mr. Thaler has been retained to prepare
claims throughout the world including the United States, Japan,
Taiwan, Singapore, Thailand, Brazil, Angola, the UK, the EU and the
Caribbean.
Ian Marshall*, Managing Director – London
Mr. Marshall has more than 30 years of international experience
leading major projects relating to accounting, auditing and complex
reinsurance transactions. He has directed a number of
investigatory, due diligence and litigation cases relating to loss
reserve adequacy, reinsurance forensic accounting and reinsurance
spirals providing expert evidence in arbitration and court cases.
Mr. Marshall is also heavily involved in solvent schemes of
arrangement and Part VII business transfers, recently directing an
innovative transaction approved by the Court in England.
* Expert also named to the inaugural Insurance and Reinsurance
Expert list in 2015.
FTI Consulting’s insurance professionals combine their business
and technical acumen to help insurers, reinsurers, captives,
brokers, investors, regulators, corporations and their legal and
business advisors address complex strategic and tactical issues.
The firm’s insurance professionals are at the forefront of the
industry in supporting the strategic requirements of boards and
senior executives to govern and guide, mitigate risk, protect
assets, meet compliance requirements and achieve performance
goals.
About FTI ConsultingFTI Consulting, Inc. is a
global business advisory firm dedicated to helping organizations
protect and enhance enterprise value in an increasingly complex
legal, regulatory and economic environment. With more than 4,600
employees located in 28 countries, FTI Consulting professionals
work closely with clients to anticipate, illuminate and overcome
complex business challenges in areas such as investigations,
litigation, mergers and acquisitions, regulatory issues, reputation
management, strategic communications and restructuring. The Company
generated $1.78 billion in revenues during fiscal year 2015. For
more information, visit www.fticonsulting.com and connect with us
on Twitter (@FTIConsulting), Facebook and LinkedIn.
FTI Consulting, Inc.
1101 K Street NW
Washington, DC 20005
+1.202.312.9100
Investor & Media Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com
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