AIRROC Elects Three New Execs

The Association of Insurance and Reinsurance Run Off Companies (AIRROC) has elected Art Coleman as chairman and Kathy Barker and Marianne Petillo as vice chairs to lead the group for the term starting in 2011.

Coleman is president of Connecticut-based Citadel Risk Management, which provides exit strategy reinsurance products through Citadel Reinsurance Co. He is a 30-year industry veteran and has held senior management roles with CNA, Munich Re and Continental Insurance Co. prior to establishing Citadel Risk Management in 2005.

Barker is group vice president of Bermuda-based Armour Reinsurance Group. Prior to joining the Armour Group, she was president of PRO IS Inc., a Swiss Re Group service company where she had responsibility for U.S.-based operations in New York and Boston. Prior to joining PRO, she was senior vice president and director of reinsurance management at subsidiary of The Hartford.

Petillo is president and CEO of ROM Reinsurance Management Co. She is a 20-year of the insurance and reinsurance industry, with a concentration in the asbestos and environmental fields. She has also been involved in various arbitrations, commutations, audits of ceding companies books and records, and collections in both the U.S. and London market.