8:00 - 9:00am: Continental Breakfast
9:00 - 10:00am: 2022 Industry Results & Overview
Adib Nassery, Senior Financial Analyst, AM Best
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.
10:00 - 11:00am: Trends in Property Reinsurance
Moderated by: Kevin Finn
Tehya Duckworth, Property Underwriting Manager, Munich Re
David Gautsche, CEO, Goodville
John Stone, Senior Vice President, Gn Re
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.
11:00 - 11:15am: Break
11:15 - 12:15pm: Cyber Coverage Trends & Data Risk
Robert Pignataro, Ultimate Risk Services
Frank Fazio, Ultimate Risk Services
Tim Walters, NetDiligence
C. Chandler Harris, Mullin & Coughlin
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.
12:15 - 1:30pm: Lunch
1:30 - 2:30pm: Parametrics: What is it & does it have a place in the mutual space?
Moderated by Tim Foy, Beazley Group
Guillermo E. Franco, Global Head of Cat Risk Research, Guy Carpenter
James Doona, Origination Executive, Munich Re
Steven Bar, Munich Re
Scott Barry, First State Captive Managers
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.
2:30 - 3:30pm: The Roller Coaster Ride in Insurance
Jeff Rieder, Partner, AON
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.
