333 N. Canal Street #2806
Chicago, Illinois
60606
www.krafsurlaw.com
Jay V. Krafsur
Managing Director
(630) 240-0269
jkrafsur@krafsurlaw.com
Jay
V. Krafsur
THE KRAFSUR
LAW GROUP LLC
Jay V.
Krafsur founded The Krafsur Law Group LLC on January 1, 2000, following sixteen
years in the Chicago office of a New York based law firm
that concentrated on representing the insurance industry. Mr. Krafsur’s practice today includes the
development of member-owned, homogeneous captive insurance programs, advising
the emergency services industry, and the handling of insurance coverage
alternative dispute resolution matters as attorney, arbitrator or mediator. Mr. Krafsur’s insurance ADR practice follows
twenty years of handling insurance and reinsurance coverage disputes and
litigation for insurers and policyholders.
In
approximately 2001, Mr. Krafsur began developing a member-owned captive
insurance company ― a reinsurance company ― for the nationwide ambulance and
medical transportation industry. That
company went live on June 1, 2005, and was designed to afford its members
control of their insurance destinies, and stability of insurance costs over the
long term. A significant portion of Mr.
Krafsur’s time today is spent developing other member-owned captive insurance
programs.
Mr. Krafsur
has delivered countless speeches to insurers and reinsurers on a broad range of
insurance topics. In 1996, Mr. Krafsur
began relationships with several Southeast Asian insurers and has lectured
overseas on a variety of topics including directors and officers liability
claims, electromagnetic fields, environmental claims, toxic tort and other
latent injury claims. More recently, Mr.
Krafsur has acted as outside counsel and advisor to corporate risk managers,
assisting them in their insurance purchasing, claims handling, and insurance
coverage disputes.
In emergency
services matters, Mr. Krafsur represents emergency medical services providers
nationwide in professional liability cases.
These cases are often handled by local lawyers with little or no
experience in emergency services cases.
The result can be settlements or judgments far higher than necessary,
missed opportunities for outright dismissal or summary judgment, and overall
handling without a strategy tailored to this type of case. Mr. Krafsur also appears before government
bodies such as city councils and county commissioners on behalf of EMS clients. Mr.
Krafsur has held Colorado and national paramedic certificates,
and he worked as a Boulder County, Colorado, paramedic for five years, from 1977
to 1982, with field, management, and educational responsibilities. He lectures to paramedic organizations on
legal issues in pre‑hospital care. He
served on the Mobile Intensive Care Committee of the Emergency Medical Services
Commission of Metropolitan Chicago, and he was appointed by former Mayor
Washington to the Chicago Fire Department Emergency Medical Services Oversight
Committee. He was the primary author of
the Committee’s 1987 report. Mr. Krafsur
is a founding member and served on the Board of Boulder County Paramedics, a
not‑for-profit paramedic organization that operates in two Colorado
cities.
Before
starting The Krafsur Law Group LLC, Mr. Krafsur was the general partner in
charge of the Chicago office of New York based Rivkin,
Radler & Kremer where he headed the office’s insurance and emergency
services practice groups. Mr. Krafsur
received his Bachelor’s degree in environmental studies from the University of Colorado in 1978. In 1984, he received his
law degree, with honors, from the Illinois Institute of Technology ― Chicago
Kent College of Law, where he also served as an instructor for several
years. Mr. Krafsur is licensed to
practice in Illinois and Colorado and is a member of the bar of the
United States District Court for the Northern and Central Districts of
Illinois, the
United
States Court of Appeals for the Fifth and
Seventh Circuits, and the United States Supreme Court. He is rated AV by
Martindale-Hubbell.