Paul B. Hyman has over 25 years of experience in the insurance industry as both a lawyer and claims professional. He has held several leadership roles at AIG, including Assistant General Counsel, where he provided legal support across business units and implemented projects to improve efficiency. Prior to that, he was Division Counsel and managed legal advice to several claims departments. Hyman has extensive experience handling complex claims, negotiating agreements, and advising on compliance issues. He has a proven track record of driving strategy and implementing organizational change.

1. Paul B. Hyman
paulhyman@yahoo.com
5
Darby
Terrace
Livingston,
NJ
07039
1.201-­‐314-­‐3785
Summary of Qualifications
Inventive Legal and Claims Professional with a stellar record of achievement in the insurance industry
with an emphasis in Claims and Legal and an earlier career as a coverage litigation attorney. Significant
accomplishments include legal analysis of complex claims issues, implementing new methods to handle
legal issues that arose in the Claims Departments and executing and managing large-scale projects. Proven
track record of driving global strategy in the Claims Legal Group including improving efficiency and
implementing change as well as strong client focus and a talent for working with various individuals and
influencing them to accomplish the company’s goals.
Professional Experience
AIG Property Casualty-Global Claims, Operations & Systems, Jersey City, NJ
Assistant General Counsel, April 2011-March 2016
• Responsible for providing legal, regulatory and compliance support to all business units comprising
AIG Claims.
• Developed new corporate guidelines for reviewing all legal process served on AIG and reviewed
and provided legal summaries of all process to ensure that the legal documents were routed to the
proper claims departments within the company.
• Oversaw, investigated and approved all responses to regulatory consumer complaints served on AIG
including the review of claims files to be produced to the state insurance departments.
• Provided legal guidance to claims with respect to the issuance of litigation holds in coverage cases;
completed large scale project to address preserving hard drives of departed employees.
• Ensured compliance with AIG conflict waiver law guidelines; reviewed, investigated and approved
all conflict waiver requests from law firms and claims departments.
• Implemented and prepared new quarterly reports for senior management with respect to identifying
trends in suits against the company and established a new database reflecting suits filed by panel
firms against AIG.
• Assisted claims departments with regard to claims and discovery issues including the review and
production of former AIG employees personnel records; motion practice involving misnamed
holding company entities in coverage cases; responding to subpoenas and e-discovery issues.
• Updated annually for all claims departments the 50 state survey on the topic of bad faith and also
changes to the NJ Claims Ombudsman Corporate Policy.
AIG Claims, Inc.-P&C Severity Claims New York, NY/Jersey City
Division Counsel, December 2002-April 2011
• Responsible for providing legal advice to the Environmental, Pollution Insurance Products, Toxic
Tort, Healthcare and Excess Claims Departments.
• Drafted, reviewed, negotiated and analyzed complex transactional documents including settlement
agreements, cost share agreements, vendor service contracts and discovery requests.
• Negotiated Cumis Counsel rates with non-panel firms throughout the United States and maintained
and established a database for these firms’ rates thereby reducing outside legal costs by several
hundred thousands each year.
• Implemented procedure for evaluating new firms to be added to the AIG panel firm list including the
interview of senior claims management with respect to their needs for counsel in each jurisdiction;
updating the firm questionnaire and establishing formal interviews with claims and law firm
management.

2. • Monitored trials including preparation of summaries and evaluation of same.
• Managed legal assistants with regard to their handling of projects and legal process review.
• Prepared monthly case summaries for inclusion in newsletter distributed throughout the claims
departments.
• Coordinated continuing legal education training for claims departments including personally training
claims adjusters with regard to compliance with panel firm guidelines, billing and bad faith.
AIG Technical Services, Inc.-Environmental Claims Department NewYork, NY
Manager, December 2001-December 2002
• Technical and administrative supervision to staff in the handling and disposition of high exposure
environmental claims with over $250M in reserves.
• Implemented new data base system to track all pending trial dates to ensure proper reserves on cases
and potential settlement opportunities.
• Directly handled, evaluated and resolved several complex insurance claims including meeting with
senior representatives of Fortune 100 companies.
• Trained staff on litigation management, global coverage and liability issues, reserve and settlement
analysis and reinsurance reporting.
• Successfully promoted several employees to managerial positions within company.
Senior Claims Analyst-Environmental Claims Department, February 2000-December 2001
• Directed and supervised numerous complex high-exposure environmental insurance coverage
lawsuits.
• Presented to AIG Senior Management coverage cases in order to resolve and settle those claims.
• Implemented system for tracking all coverage appeals in order to ensure proper reserves and identify
matters that may be ripe for settlement.
• Recipient of several merit awards for resolution of high exposure claims.
Winget, Spadafora & Schwartzberg New York, NY
Senior Associate, April 1999-February 2000
• Representation of insurance carriers in fidelity and directors and officers coverage matters.
• Preparation of coverage opinions, declination and reservation of rights letters arising from
professional liability claims.
Marshall, Conway & Wright New York, NY
Associate, February 1998-April 1999
• Representation of insurance carriers in general liability and errors and omissions coverage disputes.
• Actively involved in all aspects of trial preparation.
Cuyler Burk Parsippany, NJ
Associate, September 1992-February 1998
• Representation of insurance carriers in complex environmental insurance coverage cases.
• Developed strategy for successful resolution and/or litigation of cases including coverage opinions,
motions and depositions.
Education
Syracuse University School of Law, Syracuse, NY
Juris Doctor, cum laude, 1992
Syracuse University Whitman School of Management, Syracuse, NY
Bachelor of Science, Finance, 1989
Bar Admissions
New Jersey, 1992, New York, 1993, District of Columbia, 1994