Jim Wrynn is a Senior Managing Director in the Global Insurance Practice Group at FTI Consulting. He is regarded as one of the leading experts on insurance matters based on his more than 35 years of professional experience as an attorney, regulator, executive and advisor.
Mr. Wrynn has served as a consultant and an expert in various litigation matters. He has also been involved in global insurance regulations, policies and standards; and in assisting clients in developing strategies and programs dealing with regulatory issues, claims administration and reserve adequacy, identification of strategic partners and acquisitions, new product development, geographic expansion strategies, distribution solutions, risk financing and captive insurance, restructuring and operational performance, inquiries and investigations, litigation, enterprise risk management (ERM), and a variety of other issues in the U.S. and globally.
Most recently, Mr. Wrynn has served as the Chief Commercial Officer (CCO) and Hearing Officer (Arbitrations/Mediations) at NAM (National Arbitration and Mediation) where he was responsible for the strategic management of the organization and the development of its’ overall commercial policy, as well as serving as a Hearing Officer in Insurance and Reinsurance Matters.
Prior to joining NAM, Mr. Wrynn served as Senior Managing Director and one of the leaders in the Global Insurance Services practice at FTI Consulting; Managing Director and Vice-Chair in the U.S. for Guy Carpenter’s Global Strategic Advisory Group; and Senior Partner at the law offices of Goldberg Segalla, LLP in New York where he led the firm’s Global Insurance Regulatory Practice and helped facilitate the opening of its New York and London offices (where he served as a Registered Foreign Lawyer).
Before joining Goldberg Segalla, Mr. Wrynn served as the 40th and last Superintendent of Insurance in the State of New York. He was very involved in the drafting of the new Financial Services law in New York and the merger of the Insurance Department with the NYS Department of Banking to form the new Department of Financial Services - at which time he served as the first Deputy Superintendent of the new department.
In his role as NYS Insurance Superintendent, Mr. Wrynn played a key role in developing state, national and international regulations and policies governing the insurance industry. He served as Chair of the Northeast Zone and as a member of the Executive Committee of the National Association of Insurance commissioners (NAIC), which is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories.
He also served as, as Co - Chair of the Rating Agency Working Group, as Vice-Chair of Reinsurance (E) Task Force, and as Vice-Chair of the Solvency Modernization Initiative (EX) Task Force – which was a critical self-examination undertaken by the NAIC to update the insurance solvency regulation framework in the U.S. that included a review of international developments in insurance supervision, banking supervision, and international accounting standards to determine their potential use in U.S. insurance regulation.
Mr. Wrynn also represented the United States as a member of the International Association of Insurance Supervisors (IAIS), an organization of insurance supervisory authorities from more than 200 jurisdictions in nearly 140 countries that develop international insurance principles, as Vice-Chair of the NAIC International Insurance Relations “G” Committee.
Prior to his appointment as Superintendent, Mr. Wrynn served as Executive Director of the New York State Insurance Fund – which was the largest workers’ compensation carrier in New York State with over 2600 employees, $1.3 Billion in new written premium, and total admitted assets of approximately $13 billion (making it the 7th largest property and casualty company in New York) at the time.
He has been an attorney practicing in the insurance sector for over 35 years and is admitted to the Federal and State Courts of New York and New Jersey as well as the Supreme Court of the United States.
He has earned a Martindale-Hubbard Peer Review rating of AV Preeminent, and has been rated a top lawyer in insurance law by American Lawyer Media and Martindale-Hubbell, in insurance coverage by New York Metro Super Lawyers, and the listing of Who's Who Legal Consulting Expert Guide: Insurance and Reinsurance from2017 - 2019. He was recently designated a “Power 25 Lawyer” by Long Island Business News in 2021.
Mr. Wrynn has also earned Associate in Captive Insurance (ACI), Associate in Risk Management (ARM), and Workers' Compensation Professional (WCP) designations.
He currently serves as member of the Board’s of Insurnace companies in the U.S., Bermuda and the E.U., and as a consultant and expert witness on matters involving his areas of concentration.