ARC Runoff

the UK market body for insurance and reinsurance legacy management professionals

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Paul Corver

Paul was co-opted onto the Board of Directors for ARC in November 2007, and appointed Deputy Chairman in June 2008.

Paul is Claims Director of the KMS group. Prior to co-founding KMS in 2006, he was Head of Claims at KWELM Management Services having been one of the core team which helped the provisional liquidators for the KWELM companies develop and implement the scheme of arrangement. He worked closely with the administrators and realised significant reserve reductions by pursuing commutations and buyouts, culminating in the finality of all KWELM claims under the bar date process.

He started his career in 1985 when he joined HS Weavers (Underwriting) Agencies(whose participants included the KWELM companies). He worked closely with the North American Casualty and Treaty underwriters. When Weavers went into run-off in 1990, he was involved in various attempted rescue packages and corporate projects before moving into claims.

Paul has travelled extensively throughout the US negotiating multimillion dollar settlements with policyholders and cedants. He has also spoken at a number of seminars and conferences in both the US and UK.

Paul can be contacted at paul.corver@arclegacy.eu or 07770 688618