Steven Schienvar is a Managing Director at Risk Settlements, leading the strategic direction of Class Action Settlement Insurance (CASI)—the only liability insurance available to transfer the financial risk of pending class action settlements. With more than 25 years in the insurance industry, Steven’s experience spans a wide array of disciplines including actuarial roles, underwriting roles, risk management roles, operations for primary insurance roles and reinsurance roles.
Steven uses his strong analytic skills and qualitative underwriting expertise to assess risk and develop insurance solutions for businesses facing class action litigation—a complex and non-traditional liability.
Prior to joining Risk Settlements, Steven spent 13 years at AIG in various positions including President of AIG’s assumed reinsurance business (AIG Re), as well as Executive Vice President, Chief Operating Officer and Chief Risk Officer of Risk Finance, AIG’s structured insurance group. He graduated from Stevens Institute of Technology with a B.S. in Physics.