Paul Corver Email and Phone Number
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Almost a year of retirement but back with my new consultancy company, Revroc Consultancy Limited. My time out of work has been fantastic but as many folk suspected it would not be enough. Therefore after being approached to see if I was interested in some work I decided why not and set up Revroc (apologies, no website yet).My decades of experience in taking on portfolios of legacy insurance liabilities and managing them to a successful conclusion is a skill that will always be in demand. Moreover having been a CEO or Director of legacy insurance companies in many jurisdictions has taught me regulatory, risk and corporate aspects which enhanced my skills in M&A and proactive run-off management. This wide understanding of the market enables me to offer services across the legacy bandwidth, whether for a client wishing to dispose, one wishing to acquire or even one wishing to be the intermediary.I look forward to re-engaging with my contacts and friends in the legacy and captive sectors.
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Founder And DirectorRevroc Consultancy LimitedNorth Chailey, England, Gb
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Advisor - RetrospectiveAugment Risk Apr 2024 - PresentCity Of London, England, United KingdomI am delighted to be assisting Augment Risk build out their reinsurance broking platform by bringing my 30+ years of legacy experience and my more recent 15 years of legacy M&A in insurance and captive sectors. I am working with a great team at Augment and look forward to getting in touch with my old friends and acquaintances in the market. We continue to see innovation in how carriers and captives manage their legacy and more importantly the capital that supports those legacy liabilities. I look forward to bringing my experience as a buyer to the broking aspect of a transaction.
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Founder And DirectorRevroc Consultancy Limited Mar 2024 - PresentUnited KingdomRevroc provides consultancy services in the insurance legacy / run-off sectors. Whether for insurers, reinsurers, captives or other self insured vehicles. With almost 4 decades of experience in the sector across a wide range of disciplines, Revroc can advise clients on the sell side, on the buy side or simply how to effectively manage a legacy portfolio to a successful conclusion.
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Irla AmbassadorIrla May 2023 - PresentAssisting the IRLA Board and Secretariat with strategy, planning and events. Specific responsibility for overseeing the newly formed Bermuda branch which enables legacy practitioners on the island to benefit from the umbrella services of IRLA. Recent activity was responding to new guidelines issued by the BMA. Regular interaction with the BMA is planned to ensure a smooth interface between regulators and the insurance legacy industry. -
DirectorInsurance & Reinsurance Legacy Association Jul 2008 - Apr 2023I am a Director, and past Chairman (2008-2019) of IRLA (fka Association of Run-Off Companies), the trade body for legacy management professionals in the insurance and reinsurance sector in the UK, Europe and beyond. IRLA runs member events for both networking and educational purposes.
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Group Head Of Legacy M&A | Providing Innovative Run-Off Disposal SolutionsRandall & Quilter Investment Holdings Jan 2018 - Apr 2023London, United KingdomI head up the Group's M&A activity with experienced teams in UK and Bermuda. We take on run-off liabilities from insurers, reinsurers, captives and other self-insurance vehicles either through outright acquisition, novation, transfer, reinsurance or another bespoke solution. We have transacted in 30 jurisdictions including with global firms and household names.I was also CEO of R&Q's regulated reinsurer in Bermuda and CEO of four UK insurers in run-off. In addition I had held Director positions on legacy insurers in a number of jurisdictions including Malta, Guernsey, Isle of Man, Eire, Barbados and Cayman Islands. -
DirectorAccredited Insurance (Europe) Limited Jun 2013 - Apr 2023Accredited Insurance (Europe) Limited (fka R&Q Insurance (Malta) Limited) was formed in 2013 to be the consolidator for acquired EU run-off business and by 31-12-18 had completed 18 such transactions. As a fully licenced insurer with freedom of services across much of Europe the company also writes live business on a predominantly fronted basis working with MGAs and international reinsurers.
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DirectorIrlalcl Mar 2022 - Mar 2023London, England, United KingdomAs live operations released more of their non-core business to the legacy professional market, IRLALCL took over the legacy committee and its work from the Association of British Insurers (ABI).Amongst other matters, the Committee oversees work and provides strategic direction in relation to:(a) the management of the industry’s response to emerging issues in respect of latent disease and legacy claims;(b) the management of litigation where the Committee agrees there is a market imperative to act;(c) adopting and by agreement refining frameworks for the management of time exposed claims, shaping and responding to the legislative and judicial landscape for such claims;
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DirectorKms Insurance Management Ltd Aug 2005 - Feb 2018An insurance run-off service provider. Founded by Paul Corver and colleagues in 2005. Sold to Randall & Quilter in 2008.
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Non Executive DirectorSyncora Guarantee (Uk) Limited Mar 2009 - Jun 2015London, United KingdomI spent six years on the board of this monoline insurer helping them progress the run-off including a commutation strategy and ultimately a Part VII Transfer to provide finality.
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Head Of ClaimsKwelm Management Services Ltd Feb 2000 - Mar 2006Headed up dept of 25 people handling $3bn of claims against the KWELM companies in London market.
Paul Corver Skills
Frequently Asked Questions about Paul Corver
What company does Paul Corver work for?
Paul Corver works for Revroc Consultancy Limited
What is Paul Corver's role at the current company?
Paul Corver's current role is Founder and Director.
What is Paul Corver's email address?
Paul Corver's email address is pa****@****qih.com
What skills is Paul Corver known for?
Paul Corver has skills like Reinsurance, Insurance, Claim, Claims Management, General Insurance, Captives, Solvency Ii, Enterprise Risk Management, Liability, Property And Casualty Insurance, Risk Management, Commercial Insurance.
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Paul Corver
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