DISPUTE RESOLUTION EXPERIENCE

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Summary of Corporate Experience (1975 – 2000)

Mr. Schmidt served in a senior executive capacity, responsible for legal,

regulatory, dispute resolution, claims, corporate secretarial, human

resources, shareholder, SEC, and compliance matters in groups with

insurance, reinsurance, agency, asset management, IT consulting, and

holding companies domesticated in North America, Europe, and Asia

Sorema NA/Groupama (1989 – 2000)

Director (Executive Committee), Executive Vice President & Chief Legal

Officer/Sorema NA Group (including Sorema North America Reinsurance

Co., Simcoe Bay Reinsurance Co./Bermuda, C&C Consultants, and East-

West Holding Group); promoted from Senior to Executive Vice President

in 1996 and from General Counsel to Chief Legal Officer in 1999

Vice Chairman (Executive Committee)/East-West Holding [Insurance]

Group (including Fulcrum Insurance Co., Rampart Insurance Co., Western

Continental Insurance Co., and American Underwriting Managers, Inc.)

Deputy General Manager (Executive Vice President), General Counsel &

Corporate Secretary/Sorema International Group (including Sorema

International/Netherlands, Sorema UK, Sorema NA, and Sorema

SA/France); from 1993-96

US Counsel/Groupama (France); from 1996-2000

Scor US/SCOR SA (1984 – 1989)

Director (Executive Committee), Vice President (1984)/Senior Vice

President (1986), General Counsel & Corporate Secretary/Scor US Group

(including Scor US/NYSE: SUR), Scor Reinsurance Co., Scor Re Life

Insurance Co., and Southwest International Reinsurance Co., a joint

venture with Dai-Tokyo/Japan)

US Counsel/SCOR SA (France)

Prudential (1975 – 1984)

Vice President and Associate General Counsel/Prudential Reinsurance Co.

(1982 – 1984)

Assistant Counsel (1975)/Assistant General Counsel (1976)/Associate

General Counsel & Division Head (1979)/Prudential Property and

Casualty Insurance Co. (1975 – 1982) 

Joint Prudential/PRUPAC committee regarding life and P&C agents.

OTHER BOARD EXPERIENCE

AIDA Reinsurance & Insurance Arbitration Society (ARIAS US/1992 –

2003)

Brokers & Reinsurance Market Association (BRMA/1997 – 2000)

American Red Cross of Monmouth County/Executive Committee (1981 -

1984)

Underwriters Golf Association (1999 – 2004)

Marine Corps Scholarship Foundation/New Jersey Chapter (2007 - 2010)

OTHER PROFESSIONAL ACTIVITIES

Judge, Ecclesiastical Trial Court (New Jersey); Associate Presiding Judge

(1998-99 Term); Presiding Judge (1999-2000 Term – due to illness of PJ)

Contributor, Reinsurance Contract Wording, ed., Robert W. Strain (1992)

Associate Editor, Editorial Board, Arias US Quarterly

PROFESSIONAL MEMBERSHIPS/LISTINGS

Who’s Who in America

American Bar Association (Section on Dispute Resolution)

Who’s Who in American Law

American Arbitration Association

ARIAS US

Association Internationale de Droit des Assurances (AIDA)

ARIAS UK

EDUCATION

Juris Doctor (1975): St. John’s University School of Law, Jamaica, NY

Postgraduate (1972): Graduate Faculty, New School University, NYC, NY

Bachelor of Arts (1971): St. Lawrence University, Canton, NY

ARBITRATION EXPERIENCE

Substantial knowledge has been developed in a broad range of subjects in

connection with over 455 arbitration cases, 25 years of company, and 50

years of industry responsibilities, attendance at scores of NAIC, trade

association, Mealey’s, AAA, ARIAS US, ARIAS UK, law firm, company,

ABA and other bar association meetings and seminars in the United States

and Europe regarding virtually every aspect of the P & C and life, annuity

& health domestic and international insurance and reinsurance industry,

including: accounting, actuarial, agency, aggregates, allocation, alternate risk,

annuities, asbestos, auditing, Bermuda (excess liability) Form, brokers,

captives, claims, claims handling protocols, claims made policies,

commutation, contract wording, corporate governance, credit default,

D&O, dispute resolution, E&O, environmental/pollution, excess & surplus

lines, facultative, financial products, finite risk, follow the

fortunes/settlements/actions concepts, insolvency, intermediary, legal, life

settlements, London Market/Lloyd’s, LTD, MGA/MGU, medical

malpractice, mergers and acquisitions, mortgage guaranty, occurrence

policies, pollution, pools, program business, regulatory, rescission, RICO,

SEC, surety, subprime mortgages, title, treaty, third party administrators,

underwriting, utmost good faith, and worker’s compensation (including

“carve out”).

PERSONAL/MILITARY EXPERIENCE

Dual Citizenship -- US and European Union (Ireland)

Senior (Interrogation) Advisor, II Corps Interrogation Center, US Army

Intelligence Advisory Team 21, Pleiku, Vietnam (April 1968 – April 1970);

awards inclue U.S. Bronze Star and Vietnamese Honor

Medal

Member, Desert Mountain Club (AZ)

Member, River Valley Ranch (CO)

Married, with two adult children and five grandchildren

Assistant Scoutmaster (former), Troop 126, Little Silver, NJ

Lay Minister/(former), Senior Warden, St. John’s Episcopal, Little Silver, NJ

Former NYC taxicab driver, bartender and New Orleans tugboat deckhand