Westmont’s founder and President, Fredric Marro, Esq., has over 35 years of broad based industry experience. This includes executive legal positions with Life and Health and Property and Casualty insurance companies, as well as a strong background in legal and regulatory work. Rounding out this experience have been responsibilities as a commercial underwriter and in excess and surplus lines brokerage.
Mr. Marro’s positions have included transition chief to a newly-elected insurance commissioner and corporate counsel for a multinational, billion dollar insurance company holding company. In the latter capacity, Mr. Marro was responsible for insurance regulatory corporate law, claims, litigation and mergers and acquisitions. He has also served as Deputy Receiver for Consumers United Insurance Company (in liquidation), Manhattan Re in Rehabilitation and as acting General Counsel and Deputy Receiver for National Heritage Life Insurance Company (in liquidation), the nation’s largest insolvency of a life insurer due to fraud.
Mr. Marro continues to serve as the Claims Monitor for the Arrowood Insurance (formerly Royal) Companies runoff on behalf of the Delaware Insurance Department.
Mr. Marro earned his undergraduate degree from Manhattan College and his law degree from Seton Hall University School of Law. He is a member of the American Bar Association, New Jersey Bar Association, Camden County Bar Association, Washington D.C. Bar Association, the Federation of Regulatory Counsel and the Federation of Insurance and Corporate Counsel. He is also a member of the International Association of Insurance Receivers and an associate member of the Society of Financial Examiners. Mr. Marro currently serves on the Board of Trustees for his alma mater, Manhattan College.