David Halperin Email & Phone Number

New York, Ny, Us

Lead counsel for (i) AIG’s Latin America & Caribbean operations, (ii) AIG’s Multinational business, (iii) AIG’s Corporate Governance & Transactions Group, (iv) AIG Bermuda, (v) AIG Risk Consulting/Engineering, and (vi) AIG’s India-based data analytics center (until divestiture in 2021). Oversee team of approximately 30 legal professionals in New York, Miami, Vermont, Bermuda, Brazil, Canada, Ecuador, France, Mexico, Puerto Rico and Venezuela. Oversee regulatory relationships in approximately 25 jurisdictions; handle complex legal, regulatory, tax, corporate governance, litigation, labor/employment and commercial matters.Serve as officer - - primarily General Counsel and Secretary - - for nearly 50 subsidiaries across the U.S., Latin America, Bermuda and India; serve as director of several subsidiaries.Oversee corporate governance and transactions for almost 100 AIG subsidiaries globally; manage and vet director and officer appointments globally, including independent director appointments.Provide guidance on complex cross-border multinational insurance placements; develop guidance, training and internal / external thought leadership.Provide advice and support on complex legal, regulatory and tax matters impacting our Risk Consulting / Engineering team, consisting of 300+ in-house engineers globally plus external engineering vendors.Established Facultative Reinsurance Desk based in Miami, and its Colombia Representative Office (similar to a branch) to target Latin America reinsurance business; built out operational infrastructure, shepherding the Desk and Rep. Office through reporting obligations, vendor contracts, privacy / data requirements, underwriting structure / authorities and corporate governance.Key role in shaping AIG’s evolving position in Russia, including divestiture of AIG’s presence in Russia.Key role in AIG’s divestiture of its Life & Retirement business, rebranded as Corebridge Financial (now publicly traded).

New York, Ny, Us

Lead counsel for global leaders of AIG’s worldwide Commercial business, AIG’s Multinational business, the Global Commercial Underwriting Office, AIG’s non-U.S. Surety Bond business, all AIG engineers worldwide and several large U.S. property / casualty divisions. Oversaw a legal team in Boston, New York, Los Angeles, Colombia, India, Singapore and the UK. Led AIG in handling multinational business according to legal, regulatory and tax requirements of foreign / U.S. jurisdictions. Expertise in property and casualty products and segments, e.g., general liability, property, auto, workers’ compensation, political risk, trade credit, kidnap & ransom, product recall, surety bonds, aviation, warranty, healthcare, energy and construction.Expertise in surplus lines, loss-sensitive programs, captive / reinsurance transactions and economic sanctions.Expertise in insurance licensing / reinsurance registrations and cession requirements; familiarity with Schedule F and requirements for treating reinsurance recoverables as an admitted asset.Speaking engagements on multinational / cross-border legal, regulatory and tax issues; authored an industry recognized multinational white paper entitled How to Build a Multinational Program. Established a data analytics company for AIG in India, guiding the company through regulatory filings, corporate governance, capitalization, tax/transfer pricing considerations, outsourcing, human resources and India’s Corporate Act. Established AIG partnership with Clemson University to create a risk engineering / analytics institute, training center, master's degree program and endowed professorship; created governance framework and platform for the partnership.

New York, Ny, Us

Assumed management oversight of the general counsel for AIG Aviation and the general counsel for AIG Warranty.Continued responsibilities for AIG WorldSource.

New York, Ny, Us

General counsel for AIG WorldSource, a billion dollar company consisting of nine distinct business units: Foreign Casualty, Domestic Casualty, Global Property, Defense Base Act, Political Risk, Kidnap & Ransom, Trade Credit, Product Recall and WorldRisk (foreign package policies offering nine coverages).AIG point person for regarding two congressional hearings held by the U.S. House Committee on Oversight and Government Reform with respect to AIG’s Defense Base Act business; represented AIG in connection with contentious allegations, achieving favorable outcomes at both hearings. Focused on structuring multinational programs for U.S.-based companies seeking insurance protection for worldwide operations; increased capital efficiencies by revamping AIG WorldSource’s business model, dissolving ten subsidiaries and novating $500 million of business. Negotiated collateral requirements with the U.S. Dept. of Labor in connection with Defense Base Act business; worked with the U.S. Dept. of Defense in connection with procurement strategies for Defense Base Act business.

New York, Ny, Us

General counsel for large U.S.-based divisions (Construction, Healthcare and Energy), each with several hundred underwriters. Structured captive programs and loss sensitive / retrospectively rated programs; created templates for captive reinsurance agreements, indemnity agreements, collateral instruments and guarantees. Developed guidance for risk transfer / statutory accounting, captive and surplus lines transactions and regulatory rate/form filings. Managed litigations / arbitrations for all AIG Risk Management divisions.

New York, New York, Us

Litigated a wide range of insurance coverage and commercial matters; argued appeals in the Appellate Division and motions for summary judgment in U.S. District Court; drafted appellate briefs, legal memoranda, coverage opinions, insurance policies, disclaimers, reservations of rights, settlement agreements, pleadings and discovery documents.Represented the Museum of Modern Art in a multi-million dollar coverage dispute with its D&O insurer concerning ownership claim against the Museum’s artwork brought by the heirs of a Russian artist; drafted an Event Cancellation Policy for CBS Corporation covering the Oprah Winfrey Show.

Represented insurers in federal court coverage actions; argued motions for summary judgment in U.S. District Court; drafted motions for summary judgment, pleadings, discovery documents and coverage opinions.Reported decisions: Mt. Vernon Fire Ins. Co. v. Rennie, 1999 WL 33113 (E.D.N.Y. 1999); U.S. Underwriters Ins. Co. v. Vittorioso, 1999 WL 167716 (E.D.N.Y. 1999); Sphere Drake Ins. v. Garcia, 1998 WL 273036 (S.D.N.Y. 1998); Downtown Bar & Grill v. Sphere Drake Ins., 1997 WL 188139 (S.D.N.Y. 1997).

Developed litigation strategies for discrimination, harassment, wrongful termination, medical malpractice and real estate disputes; instructed defense counsel on motions, depositions, expert witnesses, cross/counterclaims and trial strategies.Participated in settlement mediations, negotiated with plaintiffs and co-defendants, considering contractual coverages, liability potential and damage exposure.

J.D.

B.A., Political Science