Curriculum Vitae

Nasri H. Barakat
353 East 72^nd Street
Suite 4 D
New York, NY 10021 USA

Current Employer-Title:  II&RCS, Inc. - President

Profession:  Arbitrator - Mediator Commercial business domestic and international

Work History:  President, II&RCS, Inc., Former President, National American Insurance Company and Vice President Reinsurance, Chandler Insurance Company, LTD, Vice President, Old American Insurance Services, Assistant Vice President, Republic Insurance Company, Assistant Vice President, The Hartford Insurance Group.

Work Experience:
In excess of 40 years of business experience including insurance and reinsurance in the United States, Europe and the Middle East. Currently serves as full time commercial arbitrator and to the insurance and reinsurance industry. Prior work experience includes responsibilities in the following areas:

Domestic Work Experience:

Insurance and Reinsurance:  
As an executive of Insurance and Reinsurance Company, was responsible for ceded and assumed reinsurance program placement, audits, commutations, liquidations, and arbitration and litigation management, underwriting and marketing commercial excess and surplus lines, and specialty lines programs.

As Chairman of the run-off Committee of a pool of reinsurers, which was a part of the largest insurance company liquidation in the U.S., was in charge of oversight of the workings of this pool, including but not limited to billings, commutations, arbitration and other related administrative matters.

As president of a U.S. insurance company licensed in 47 states, and vice-president of an affiliated reinsurance company, was responsible for the placement of outward reinsurance, acceptance of inward reinsurance, underwriting and marketing specialty programs, captive arrangements and managing general agency operations management.

As an officer of a large domestic insurance company, underwrote, marketed and managed a book of large primary casualty and property, excess, surplus lines, specialty, direct, reinsurance (facultative and treaty), domestic, and international business.

Worker's compensation:
Developed an in-depth working knowledge in the various retrospectively rated programs paid and incurred losses with a keen understanding of retrospective adjustments and claims handling. He handled a large number or arbitrations involving disputes both between insureds and their insurers as well as insurers and their reinsurers.

Long Haul Trucking: 
Underwrote long haul trucking business in all states for all casualty, property and cargo lines. These programs included fronting arrangements, large deductibles, retentions and retrospective rating.  

Energy:
Developed a working knowledge of large energy operations including oil and gas drilling, oil and gas pipeline construction, energy related products, transportation and long haul trucking. He was extensively involved in industrial engineering, industrial hygiene, risk evaluation, risk improvement and on-the-job worker's safety.

Offshore Reinsurance Company and Liquidations:
Served as a member of the Committee of Inspection of Mentor Insurance Company (in Liquidation) "Mentor". This committee was in charge of oversight of the Liquidation. Mentor was a Bermuda Company and the Committee met approximately once every quarter for the purpose of dealing with a large number of issues involving this: the Largest Reinsurance Liquidation in history.

Banking and Financial Services:
During employment with a large European financial institution, developed an extensive knowledge in international banking operations including Cambio (international currency exchange), Letter of credits as they relate to import and export operations and general commerce, lines of credit, Offsets, financial guarantees and the financing of large commercial projects.

International Work Experience:

Privatization Projects and Financing:
Successfully handled bidding though International-U.S. law firms of large privatization projects for third world countries attempting to secure compliance with international regulations for the purpose of gaining admittance into the World Trade Organization (WTO). This work involved identification of the competent law firm in the third world country, connecting the local law firm to the U.S. law firms, and acting as facilitator for the conclusion of the proper cooperation agreement between the two law firms in order to provide the governments with an acceptable bid for the privatization of  heretofore government owned industries The privatization projects included, but were not limited to, railroad, airlines, postal services, tourism, telephone and wireless services and highways.

Islamic Sharia Law:
Extensive knowledge of Islamic Sharia Law and its various applications to marriage, inheritance, and investment, criminal, comparative and commercial law.

Alternative Dispute Resolution Experience:
Since 1994, has developed practice as a full time commercial, insurance and reinsurance arbitrator. Primary area of expertise includes commercial, insurance and reinsurance disputes, arbitration and mediation. Has served as Chairman in over twenty commercial arbitration. Has also served as party appointed co-arbitrator, neutral or sole arbitrator in over one hundred and fifty arbitration. These arbitrations varied in size from $100,000 to $250 million. They involved issues including, but not limited to: summary judgment, rescission due to misrepresentations and mishandling of claims, asbestos and environmental liability, pollution, bad faith and extra-contractual obligations allocations, underwriting and claims disputes, financial risk underwriting, professional liability, builders risks, aggregate allocations disputes, number of occurrences, international shipping, attorney fees disputes, public relations, product liability, general liability, surplus lines and other general commerce, sub-prime mortgage securitization and commercial property and casualty disputes.

Contacts and clients:
List of clients and contacts includes a number of Lloyd Underwriting Syndicates, insurance and reinsurance companies, large Fortune 500 companies and foreign governments. During the years 1997 to 2008, he was involved in other international business areas including, but not limited to: estate management, banking, family and business trusts, real estate holdings, litigation support and management to public relations and asset recovery and collections. During this period, he worked diligently with international law firms, bankers, real estate agents, and Notary public and estate administrators. Successfully assisted clients in the recovery, collections, liquidation of these assets and their distribution to the rightful owners. This work involved several continents and a large number of countries, jurisdictions and nations.

He was also involved in several mediations, which included large corporations and foreign governments.

He is a member of the American Arbitration Association and International Centre for Dispute Resolution Commercial and International Roster of Neutrals Arbitrators.

Alternative Dispute Resolution Training AAA Arbitration Awards: Safeguarding, Deciding & Writing Awards (ACE001), 2009; Mediation Ethics: Objectives Standards and Subjective Practices, 2009; Large Complex Construction Mediation: The Dynamics of the Negotiation Team, 2009; AAA Arbitration Road Map: The Standard for Efficient and Cost Effective Arbitration, 2009; Electronic Discovery in Arbitration: What you need to know, 2009; AAA/ICDR Neutrals Conference, 2009; ICDR International Symposia in Advanced Case Management Issues, 2009; Living with the FCPA in an Era of Enhanced Enforcement, 2008; ARIAS, US Getting Connected Seminar, 2008; The Global Credit Crisis and the International Insurance Industry, 2008; Director's Round Table: Opportunities & Challenges Facing the Insurance Industry During the Financial Crisis, 2008; AIRROC/Cavell Communications and Networking Event Educational Sessions, 2008, Reinsurance Litigation & Arbitration Conference, 2008; 2008 Run-Off Symposium, 2008; ICDR International Commercial Arbitration and Mediation, 2007; AAA Arbitrator Ethics & Disclosure (ACE003), 2006, 2005; AAA Commercial Arbitrator II Training: Advanced Case Management Issues, 2004; AAA Arbitrator Update 2004; AAA Arbitrator I Training-Fundamentals of the Arbitration Process, 2003; ARIAS-US, Discovery: Too Much of a Good Thing?, 2002; ARIAS-US, The Limits of Arbitral Power: To Infinity and Beyond, Puerto Rico, 2002; ARIAS-US, What Every Arbitrator Should Know About Evidence, 2001; ARIAS-US, You Are the Arbitrator, Part 2, 2001; ARIAS-US, Reinsurance and Insurance Arbitration Procedures, U.S. and International Perspectives, 1999; ARIAS-US, Fall Seminar, 1998; ARIAS-US, Reinsurance Arbitration Practice and Procedures, 1998; ARIAS-US, Reinsurance and Insurance Arbitration Procedures, 1997; ARIAS-US, Joint Colloquium, 1997; ARIAS-US, Reinsurance Arbitration Workshop, 1996; ARIAS-US, Reinsurance Arbitration Workshop, 1996; University of Texas, Odessa, 40-Hour Primer in Oil and Gas Drilling Training.

Professional Associations:
ARIAS-US, AIDA (Association Internationale des droits des Assurances); Reinsurance Association of America; American Bar Association; American Arbitration Association (ADR and ICDR), USICC and CPR.

Education:
University of Beirut Law School (Law Degree, with honors-1973);
University of Texas, Odessa ("Primer in Oil and Gas Drilling," 1984).

Publications and Speaking Engagements Panel member for "Streamlining the Process of Arbitration" and "Current Trends in Commercial Arbitration," Reinsurance Litigation & Arbitration Conference, September 8th-9th 2008; Booklet author and speaker, "Insurance and Reinsurance," AIDA 10th Congress, Morocco, May 1998.

Languages:   
English, French, Arabic (all written and spoken) 

Citizenship: 
United States of America, Lebanon

Locale:   
New York, NY