Bina T. Dagar
25 Cedar Parkway North
Livingston, NJ 07039
Tel: (973) 716-9496
Fax: (973) 486-0872
bdagar@ameyaconsulting.com
www.ameyaconsulting.com
Bina Dagar has been active in the insurance and reinsurance industry since 1977, starting as a facultative underwriter at Munich American Re in New York City. She trained at Munich Re’s head office, underwrote treaty and facultative business, conducted audits and designed facultative certificate wording, before leaving in 1984.
For the next 5 years, Ms. Dagar served various functions at CIGNA Worldwide; she audited CIGNA’S international offices with the aim of streamlining the operations worldwide; she managed CIGNAWorldwide's internal treaty reinsurance program and designed, priced and purchased reinsurance for affiliated companies and subsidiaries in a variety of international regions. In addition, she managed reinsurance recoveries on Casualty, Political Risk and Export Credit business in run-off.
After CIGNA, Ms. Dagar joined SCOR Re’s treaty reinsurance department in1989 where she managed and underwrote a portfolio of U.S., Home Foreign and International business on both a direct and brokered basis. In addition to underwriting, her duties included auditing, marketing, exposure modeling/actuarial coordination and pricing. Furthermore, she underwrote specialty lines in Space, Homeowners' Warranty and Extended Warranty, Political Risk, Nuclear and Decennial Liability. Finally, Ms. Dagar was charged with the responsibility of overseeing the management of UNISTRAAT, the Political Risk Underwriting Agency of SCOR Re.
In 1993, Ms. Dagar joined Everest Re as Unit Manager in the U.S. region, responsible for abook of nationwide main-street property and small-to-medium sized mutual companies' multi-line treaty business. Later she became Vice President and Unit Manager in the International Department, responsible for developing new markets in Africa, re-underwriting the existing Caribbean and Home Foreign property and casualty treaty books (covering London market, pan European and worldwide business). Ms. Dagar’s duties included Specialty Insurance including Directors' and Officers' Liability, Kidnap & Extortion, Products Tampering, and Workplace Violence. She has developed skills in reinsurance contract wording interpretation, and coverage issues with regard to claims, extra contractual obligations and declaratory judgment expenses.
Ms. Dagar is now a reinsurance consultant having founded her own consulting practice, Ameya Consulting, LLC in Livingston, NJ. She has arbitrated disputes for insurance and reinsurance companies, has provided expert testimony relating to industry practice, warranties and misrepresentations and other reinsurance underwriting issues. In addition, she has performed underwriting audits on run-off and on-going portfolios, and reconciled retrocession portfolios for recoveries.
Ms. Dagar is currently a member of the Board of Advisors for the Association of Professional Insurance Women (APIW) and an active member of their Communications and Membership Committees. She is a certified Arbitrator with ARIAS-U.S., an active member of the ARIAS Ethics Committee and an arbitrator on the ARIAS-U.K. Roster of Neutrals. Ms. Dagar is an active member of the Association of Insurance and Reinsurance Runoff Companies' (AIRROC) Publications Committee.
Ms. Dagar graduated magna cum laude from University of Pennsylvania and holds a Professional Reinsurance Certification from the College of Insurance/St. John’s University.
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