Kelly Petter

Biography

Kelly is a member of the Insurance Solutions Practice Group where she creates value for clients in the areas of specialized insurance programs, loss portfolio transfers, private equity group structures, reinsurance, regulatory issues, and transactional aspects of insurance and private equity risk-transfer transactions, such as mergers, acquisitions, run off portfolio and corporate liability transfers.
 
Kelly is responsible for all aspects of due diligence of insurance programs, corporate liabilities, insurance assets, reserving, including identification of risk and opportunities for improving profitability in all aspects of insurance and private liability programs. She assesses overall exposure, insurance and reinsurance assets, reserving, litigation management and portfolio strategy to identify factors impacting risk for deterioration and opportunity for value creation in indemnity and expense payments. She is engaged by clients to assist during the negotiation process, including liaising with other parties and their brokers to identify and resolve impediments to closing. Kelly assists with negotiation and drafting of transfers agreements and supporting documents. Kelly advises clients regarding management of legacy portfolios, run-off programs and large-scale settlement projects. She provides clients with cost-effective litigation management strategies for large books of business by expanding on the traditional attorney-client relationship. She advises on loss and expense reserves, loss analysis, application of insurance assets, subrogation and cost recovery, national litigation strategies to increase efficiency and profit opportunities, and overall run-off strategies.
 
Kelly is often selected to represent large institutional clients in high-stakes litigation involving declaratory judgment, breach of contract, bad faith and class action matters. The breadth of Kelly’s practice includes, but is not limited to construction losses, and premises liability, contract dispute, liquor liability, product liability and professional liability matters in state and federal courts. She also has experience litigating before the Commission on Human Rights and Opportunities (CHRO).

Education

No information available.

Admissions/Licenses

• Bar Admissions: CT, NY, MA