annual Spring Conference
March 18 -19, 2024
The Hotel Hershey | 100 Hotel Road, Hershey, PA 17033
CE credits provided
The Annual Spring Conference provides education on the insurance industry’s most pressing issues. This year, PAMIC’s program focuses on hot topics in the industry such as property reinsurance, parametrics, cyber risk coverage trends, and industry results. The event includes a networking reception on the evening of March 18th.
Register Sponsor PAC Breakfast
Monday, March 18th
5 – 6:30pm Reception
Tuesday, March 19th
8 – 9am: Continental Breakfast OR PAMIC PAC Breakfast
9 – 9:15am: Welcome Remarks
9:15 – 10:15am
Insurance Industry Outlook in a Volatile Landscape
Surging inflation, rapidly rising interest rates, emerging technologies and the persistent threat of natural catastrophes continue to challenge the insurance industry, including mutual insurers. Has the industry done enough to position itself for a strong 2024? And what long-term opportunities may emerge for companies to pursue?
Tim Zawacki, S&P Global
10:15 – 11:15am
Divest or Diversify: Strategic Decisions in a Volatile Environment
In the insurance industry, making strategic decisions in a volatile environment is crucial for long-term sustainability and profitability. One of the key dilemmas insurers often face is whether to divest or diversify their portfolios. Hear how a panel of carriers have reacted to market volatility decisions to remain competitive in this environment.
Moderated by: Tim Foy, Beazley
Angelo Ganguzza, Green Tree Risk
Paul Stenbjorn, Frederick Mutual
11:15 – 11:30am: Break
11:30am – 12:30pm
PA Insurance Department Update
The PA Insurance Department delves into the current trends observed in life, accident, and health filings, pinpointing common issues encountered and sharing best practices within the industry. The session will also include an in-depth examination of the network adequacy review process specifically for Qualified Health Plans. Furthermore, attendees will gain insights into Act 146, focusing on the introduction of a new external review process applicable to adverse benefit determinations.
Rob Feguer, Director of the Bureau of Health Care Access, Administration, and Appeals
Lars Thorne, Supervisor of Life, Accident, and Health Form Review
12:30 – 1:30pm: Lunch
1:30 – 2:30pm
The Emergence of AI in a P/C World
Artificial Intelligence (AI) is significantly transforming the insurance sector, with its impact expected to deepen further. This educational session will delve into the essence of AI and its swift evolution. We will explore how AI is revolutionizing the industry, from scanning applications and pre-underwriting risks by gathering risk characteristics provided by technological solutions, to the entire claims processes. Additionally, we will address the challenges posed by AI, including regulatory and fairness concerns, and discuss necessary guardrails to prevent the misuse of AI.
2:30 – 3:30pm
The pressure on Mutual property writers (personal, farm and commercial) to manage the profitability of their portfolios has never been more intense. The multi-year effects of inflation, increased reinsurance costs and elevated CAT activity have carriers leveraging new and innovative ways to navigate these challenging times. The panel of industry experts will share their experiences as to how they are bringing innovation in analytics, aerial imagery, aggregation management tools and risk inspections to manage the performance of their property portfolios.
Kevin Finn, Mutual Capital Analytics
The Hotel Hershey
Click here to book your room, or call the Hotel Hershey at 855-729-3108 and ask for the room block for PAMIC Spring Conference at The Hotel Hershey, March 18 2024. The Hershey reservations team is available seven days a week from 8 AM - 8 PM to assist you.
Rooms are $187.59/night and the room block closes on Monday, February 26th.
Thank you to our 2024 Sponsors
Contact our Director of Events and Education, Becky Ferris at firstname.lastname@example.org or call 717-303-0197.
A refund minus a $50 administrative fee will be given if a written cancellation notice is received on or before Friday, March 15th, 2024.
After this date, no refunds will be issued. Contact Becky Ferris at email@example.com for more information.