Every disaster, from Bhopal to Fukushima, whether man-made or Acts of God, has a price tag. And Mr. Frank Fortunato, co-founder and CEO of CATEX, The Catastrophe Risk Exchange, Inc., can tell you their exact cost.
Mr. Fortunato is a principal in the reinsurance industry, and it’s reinsurance companies that pay many of the claims resulting from these catastrophies.
Francis Fortunato possesses expertise on a wide range of legal and policy matters relating to property and casualty insurance. Previously, as Assistant Counsel in the New Jersey Governor’s Office, Frank was responsible for drafting key legislation amending the State’s insurance laws, and advising the Governor on diverse insurance-related issues. While on staff of the U.S. House Committee on Energy and Commerce, he was responsible for numerous investigations and oversight hearings involving insurance and banking matters. Mr. Fortunato holds a JD from Catholic University in Washington, D.C., and is a graduate of the School of Foreign Service at Georgetown University. He works personally with all of the major insurance and reinsurance companies. He knows their struggles and concerns.
And through that point-of-view Frank shares his interpretation of global news each weekday through his CATEX TV News broadcast, which we are pleased to share with you over Radio Newark.
Mr. Fortunato’s unique background and position as CEO of CATEX make him unusually qualified to offer insight and analysis into the news of the day. Thank you, Frank, for sharing your expertise and experience with us.