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With over 25 years of experience in the (re)insurance industry, Dr. Thomas Fausten is a renown reinsurance expert with a focus on liability insurance. He has monitored the handling of many industry noted complex claims on a national as well as an international level. He accompanied portfolio audits and transactions all over the world.

Thomas joined Ince & Co to add up on his extensive insurance in-house experience that had him work in Germany, the USA, the United Kingdom and Switzerland. He knows the insurance business from many perspectives: from his experience working for a U.S. based direct insurer, his position as head of liability claims at one of the world’s largest reinsurers, and from his work for industry associations. His core sectors are product liability, PI, E&O, D&O, FI, automotive, pharma and entertainment industry. One more focus is wordings and product development.

Examples

>  Active involvement in large D&O and FI claims deals

>  Defective automotive supply parts

>  Pharma claims (e.g. withdrawal of cholesterol drug)

>  Losses due to failure of aircraft engines

>  Personal injury claims from substandard baby nutrition

>  Train disaster claims handling in the UK and Germany

>  Reinsurer’s claim portfolio audits in various jurisdictions

Thomas is co-author of Germany’s leading text book on insurance law and has published numerous articles related to insurance and liability law.

Expertise:
Insurance

Languages:
German, English