Tomilson  robert

Robert Tomilson

Member
Office

Philadelphia

One Commerce Square
2005 Market St, Suite 1000
Philadelphia, PA 19103
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Fax: 215.640.8501
Practice Areas
Insurance & Reinsurance
Areas of Emphasis
Commercial LitigationRegulatory
Industries
Insurance
Education
J.D., Washington University School of Law, St. Louis, Missouri
M.A., University of Illinois at Urbana-Champaign, Champaign, Illinois
B.A., University of New Hampshire-Main Campus, Durham, New Hampshire
State Bar Licenses
Pennsylvania
District of Columbia
Maryland
New York
Membership
AIDA Reinsurance and Insurance Arbitration Association
American Bar Association
International Bar Association
Member, Kline School of Law Advisory Board
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Robert Tomilson

Member

Robert Tomilson has been legal counsel and trusted adviser to the insurance and financial services industry for more than 19 years, both in private practice and as in-house counsel at a Fortune 100 insurance company. Robert is an insurance subject matter expert representing insurers, reinsurers, and intermediaries in litigation and regulatory investigations. These representations have included a London-based finite reinsurance arbitration, a four state regulatory investigation into unlicensed activity, and creating a 50-state MGA platform for a start­up Silicon Valley corporation. 

Robert is an adviser to the American Law Institute’s Restatement of the Law of Liability Insurance, an adjunct professor of insurance law at Drexel University, and, as a Ph.D. student, a Fulbright-DAAD scholar in Regensburg, Germany. Robert regularly publishes and speaks on the industry’s most important issues. 

Select Representations 

  • Lead counsel for carrier in arbitration against four excess and a catastrophe layer of liability reinsurance involving more than $100m mass tort claims
  • Represented health care carrier in $40m medical stop arbitration with Plan sponsor, included allegations of improper calculation of Plan premium and ex gratia payments to beneficiaries
  • Lead counsel for an MGA in a four state Insurance Department investigation regarding unlicensed activity and excessive fees
  • Lead counsel for an actuarial firm before the Securities and Exchange Commission as well as in SDNY class action, wherein the allegations included the insufficiency of a public company’s loss reserving
  • Lead counsel in London-situs arbitration, where testimony and documents produced in U.S., involving the experience account balance of more than $25m for a property catastrophe excess, finite retrocession agreement involving 9-11 risks
  • National and coordinating counsel for excess workers comp carrier providing coverage for self-funded employers in all fifty states
  • Established a Delaware-domiciled risk purchasing group (an RPG) for a 14,000 member trade association for the purchase of liability insurance on a group basis
  • Represented Tokyo-based international insurer in establishing a reinsurance syndicate that allowed it to cede certain carved out risks under general liability policies
  • Provided a comprehensive "insurable interest" opinion for a transaction raising $100m wherein life policies were used as collateral for bondholder commitments
  • Represented a reinsurer before the Pennsylvania Supreme Court on the right of set-off among multiple contracts with an insolvent Pennsylvania insurer
  • Represented Barbados-based reinsurer in transaction wherein a $300m dividend was made to North American and parental guarantees provided to cedents

 Publications / Presentations 

  • Presenter, “Breaking Down Ancient Walls: Regulatory Hurdles for Silicon Valley Insurtech”, Insurance Licensing Services of America, Podcast 2016.   
  • Presenter, “When is an MGA a Systemically Important Financial Institution? Brokers, Producers, MGAs under the Uniform Model Act”, Brokers & Reinsurance Markets Assoc. (BRMA) Philadelphia, May 2015.
  • Presenter, Reinsurance Disability and Professional Sports Disability Claims, ACI’s Litigating Disability Insurance Claims Forum, January 2015.
  • Presenter, “The Evolution of Reinsurance Clauses from the 1990s to the Present”, C.W.D.G. Contract Wording Discussion Group, New York, October 2014.
  • Court Holds Excise Tax Does Not Apply to Foreign Retrocessional Reinsurance, February 2014.
  • Whither Grigsby? STOLI and the Assault on Insurable Interest, New Appleman on Insurance, December 2013.
  • SDNY Predicts California Would Adopt Bad Faith Exception to Notice-Prejudice Rule, August 2013.
  • Chair, ACI’s 2nd National Advanced Forum on Life Insurance and AD&D Litigation, July 2013.
  • Duties of the CedentNew Appleman on Insurance, August 2012.
  • Aetna Enters the Capital Markets with the First Medical Benefits ILS Transaction, Insurance Finance & Investment, March 2011.
  • Hugging the Shore: Can North American Insurers Compete in the Global Market? Canadian Insurance Business Magazine, December 2009.

 

Experiences

Lead counsel for carrier in a three-member New York arbitration against four excess and a catastrophe layer of commercial auto clash cover reinsurance

Lead counsel for an MGA in an Insurance Department investigation regarding unlicensed activity and excessive fees

Lead counsel for an appointed actuarial firm before the Securities and Exchange Commission as well as in SDNY class action, wherein the allegations included the sufficiency of public company’s loss reserving

Lead counsel in London-situs arbitration, where testimony and documents produced in U.S., involving the experience account balance of more than $25m for a property catastrophe excess, finite retrocession agreement involving 9-11 risks

National and coordinating counsel for excess workers comp carrier providing coverage for self-funded employers, captives, and trade associations, appearing in more than two dozen federal court matters across the country

Engaged by an international carrier to establish uniform, company-wide reinsurance templates for more than twenty products, covering more than $1b in annual ceded risk

Established a Delaware-domiciled risk purchasing group for 14,000 member trade association for the purchase of liability insurance on a group basis

Represented Tokyo-based international insurer in establishing a reinsurance syndicate to which it ceded certain carved out risks under general liability policies that covered major Japanese manufacturers in the US
Represented London-based retrocessionaire in arbitration involving finite reinsurance and disposition of the experience account balance after termination of the contract
Provided a comprehensive "insurable interest" opinion for a transaction raising $100m wherein life policies were used as collateral for bondholder commitments
Represented a reinsurer before the Pennsylvania Supreme Court on the right of set-off among multiple contracts with an insolvent Pennsylvania insurer
Represented Barbados-based reinsurer in transaction wherein a $300m dividend was made to North American and parental guarantees provided to cedents
Represented health care carrier in $40m medical stop arbitration with Plan sponsor, included allegations of improper calculation of Plan premium and ex gratia payments to beneficiaries