Transactional Insurance: Best Tool to Close The Deal

Jay Rittberg is responsible for managing the development, underwriting and marketing of transactional insurance products in the Americas, including representations and warranties insurance. Prior to his current role, Mr. Rittberg served as Division Counsel for the Merger and Acquisitions Insurance Group. Mr. Rittberg joined AIG in April 2007, after spending five years as an associate in the New York office of Schulte Roth & Zabel LLP, where he advised clients on a wide range of corporate matters, including corporate finance and mergers and acquisitions. He holds a J.D. from the University of Pennsylvania Law School and a B.S. in Industrial and Labor Relations from Cornell University.

Scott J.F. Goldstein is of counsel in Sidley’s Chicago office. Mr. Goldstein’s practice is focused on a variety of corporate and regulatory matters relating to the insurance industry. Mr. Goldstein has represented various insurance and financial services entity clients in connection with mergers and acquisitions, divestitures, corporate reorganizations, joint ventures, venture capital transactions, complex reinsurance structures, alternative transaction structures, and other financial transactions including negotiation of insurance policy language in connection with transactions. Mr. Goldstein’s practice also is focused on the various regulatory aspects of the insurance industry, including insurance holding company system regulation, the regulation of insurance producers and administrators, the regulation of reinsurance and alternative risk financing structures, and insurance company investment regulation, including the use of derivative instruments by insurance companies. In that regard, Mr. Goldstein has represented various insurance companies, investment banks, and derivatives dealers with respect to insurance company investment transactions, including an insurance company’s derivatives transactions

Howard T. Spilko is a member of the firm’s Executive Committee. He has a diverse transactional-based practice with significant experience in domestic and cross-border mergers and acquisitions, joint ventures and alliances, and general corporate matters.Mr. Spilko works with a broad range of clients from well-known large multinational companies to private equity firms, hedge funds and entrepreneurial ventures across many different industries.He was recognized in Chambers USA (2007 through 2012) reports as a highly regarded leader in the corporate/M&A field, and was similarly distinguished in Legal 500 in 2008 through 2012. In these publications, Mr. Spilko has been described as a “renowned dealmaker,” a “hard-working,” “accomplished,” “excellent attorney,” a “great draftsman and a great problem-solver” and a “responsive” “attorney who produces fair-priced, impeccable legal work,” as well as an “excellent deal maker” and “someone who can bring both sides together in a difficult transactional environment.” Mr. Spilko regularly speaks and writes about mergers and acquisitions and joint ventures.

PROFESSIONAL EXPERIENCE: Bill Monat has over 20 years of experience in the insurance industry and has been a leader in the transactional insurance market for nearly 15 years, with experience as a broker, underwriter and attorney. Bill has substantial experience developing, negotiating and marketing Representations & Warranties Insurance, Tax Insurance, Contingency Insurance and Loss Mitigation Insurance. Bill’s background, which includes several years as a practicing attorney, provides him with unique expertise in negotiating and drafting manuscript insurance contracts to insure indemnification and contingent risks in merger and acquisition transactions.CREDENTIALS: Prior to joining Willis, Bill served as a Managing Director at Aon and Equity Risk Partners, and practiced law for nearly 10 years, specializing in insurance coverage and litigation. While at Aon, Bill led M&A Risk Solutions for over 8 years, an underwriting facility backed Lloyd’s syndicates, and has extensive experience crafting Representations & Warranties and other transactional insurance products. Prior to attending law school, Bill worked as a Certified Public Accountant at an international accounting firm. Bill earned his B.B.A. in Accounting and J.D., with distinction, from the University of Iowa.

Ned Sander led the formation of the Seattle office in 1999. Since that time, the Seattle office has grown to be the leading insurance services firm in the Pacific Northwest for the technology and life science industry, serving more than 500 clients in this sector.Ned leads the global services practice at AH&T and is responsible for strategic relationships with leaders in key foreign insurance markets in London, Bermuda, Hong Kong and Singapore. He also develops and oversees alliances with an international network of brokers to meet our clients’ global insurance needs.Ned personally handles clients in the technology, life science, manufacturing, nonprofit, financial institution, real estate and legal sectors. He focuses on growth-oriented, global operations with less than $750,000,000 in revenue, bringing them the expertise of an outsourced risk management professional to lead their insurance and risk management efforts.Prior to joining AH&T in 1999, Ned was the regional director for a national insurance brokerage in its Pacific Northwest technology practice.

Glen has spent over 27 years in the insurance industry, bringing insight from an underwriting, brokerage/consulting, and entrepreneurial perspective. His background includes a specialized focus in the executive and professional liability area, encompassing financially-driven products and solutions including Directors’ & Officers’ Liability, Employment Practices Liability, Professional Liability, Fiduciary Liability, Crime Insurance, Network Risk/Cyber Liability, and Kidnap/Ransom Insurance.Glen started his career as an Executive Protection Department underwriter with Chubb, one of the nation’s largest insurers of executive liability products. After nine years with Chubb, Glen moved from underwriting to brokerage services when he joined Johnson & Higgins in Atlanta. Since that time, he has provided executive leadership as a Managing Director in the Executive Liability practices of Marsh, HRH, AmWINS and Aon.In his current role at Beecher Carlson, Glen is responsible for coordinating efforts and directly delivering Executive Liability’s services to clients and prospects in conjunction with Beecher Carlson’s retail offices nationwide.Glen is a 1984 graduate of Clemson University, where he earned a Bachelor of Science degree in Financial Management.