Dawn Fowle

The Insurance Business Transfer: A restructuring tool for the commercial runoff (re)insurance industry pursuant to Rhode Island Amendments to Insurance Regulation 68.
This presentation will present a brief discussion of the Insurance Business Transfer (IBT), modeled after the UK Part VII Transfer, a mechanism for relieving an entity of liability for runoff operations.

We will focus on how the Rhode Island IBT works, including the application and expert report. Finally, we will discuss why you should consider an IBT, some of the benefits, and the economic value that can be gained through an IBT.

Dawn Fowle is a Manager in the Insurance and Actuarial Advisory Services practice of EY and is based in the firm’s Chicago office. Dawn joined EY in 2015 and has over ten years of experience as a property and casualty actuary. Her experience spans large commercial and specialty insurance companies as well as runoff operations. Dawn has assisted in multiple mergers and acquisitions, including the acquisition and integration of runoff operations. Dawn also has specific reserving experience in construction defect, asbestos, environmental and other mass tort, and lifetime medical claims in workers’ compensation and personal injury protection.