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Record Attendance at Annual Spring Conference

March 13, 2023 3:38 PM | Lisa Katterman (Administrator)

Thanks to all of the members, sponsors and presenters who came out in record numbers to Hershey for the PAMIC Annual Spring Conference.  Special thanks to Tim Foy and our Education Committee who put together a don't-miss opportunity for our members to hear from experts in the industry and learn about these emerging issues:

Please join Adib Nassery, AM Best’s Senior Ratings Analyst, as he provides AM Best’s perspectives on the state of the mutual insurance industry, with an emphasis on market challenges, in light of persistently high inflation, reinsurance market pressures, and investment market volatility. The presentation will cover the segment outlooks for both the commercial and personal lines segments. Other major industry trends and their potential impact on ratings will be shared, with the opportunity for interactive audience participation. Adib Nassery, Senior Financial Analyst, AM Best

Trends in Property Reinsurance Learn from an insurance and reinsurance group of specialists about how data tools, limited capacity, and structure have caused a new look at Property. Also take a look at how the cumulative events and new emerging issues have impacted the markets. Moderated by: Panelists: Kevin Finn, CEO, Mutual Capital Analytics Tehya Duckworth, Property Underwriting Manager, Munich Re David Gautsche, CEO, Goodville John Stone, Senior Vice President, Gen Re

Parametrics: What is it & Does it Have a Place in the Mutual Space? This session will begin with the basic concepts of Parametrics, including how it works with natural catastrophic events and the use of statistical and numerical techniques to overlay a book of business. In addition, we will discuss examples of how one actually works with a trigger, underwriting & claims, distribution channels, and how it has been received by regulators. Moderated by: Panelists: Tim Foy, Beazley Group Steven Bar, Munich Re Scott Barry, Co-Founder, Bedrock LLC James Doona, Origination Executive, Munich Re Guillermo E. Franco, Managing Director, Global Head of Cat Risk Research, Guy Carpenter

Cyber Coverage Trends & Data Risk Panel Join a panel of experts as they discuss current trends in cyber coverage and data risk. Topics covered will include underwriting coverage, emerging issues, new tools to track, and commercial entities at risk. The session will also include ways small businesses can become eligible for cyber coverage and maintain best practices. Panelists: Moderated by: Robert Pignataro, Ultimate Risk Services Tim Foy, Beazley Group Frank Fazio, Ultimate Risk Services Tim Walters, NetDiligence C. Chandler Harris, Mullin & Coughlin

The Roller Coaster Ride in Insurance The P&C insurance industry has experienced volatility that has not been seen for several decades. Carriers are confronted with challenges on all fronts including inflation, labor, catastrophe, reinsurance and equity markets, impacting the way they hire and manage their talent pool. This session will explore how companies can succeed in this changing environment. Jeff Rieder, Partner, AON

 Annual Spring Conference March 9, 2023 – The Hershey Lodge – Hershey, PA Upcoming PAMIC Events April 18-19: Claims Summit May 1-2: Mutual Insurance Day June 21-22: Leadership Symposium  

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