Insider US
Virtual Conference

 Online

14 May 2020

VIRTUAL CONFERENCE AVAILABLE ON DEMAND

 

*You will need to purchase a ticket to access content ON DEMAND (available until 24th July)

 

 

BUY TICKETON DEMAND

About Insider US Virtual Conference

There was a renewed sense of optimism in the global (re)insurance industry, with pricing finally rebounding after years of reducing rates and anaemic returns.

 

However the advent of Covid-19 has thrown the industry headfirst into a maelstrom of operational challenges, potentially significant losses and reputational risk.

 

The industry has faced enormous pressure from governments, lawmakers and the mainstream media to come to the rescue of the faltering economy – even if it means paying for a risk that hasn’t been priced for.  

 

A protracted battle between industry trade bodies, individual carriers, governments and insureds has ensued, as lawyers search for weakness in current wordings to recoup some payment from (re)insurers.  

 

(Re)insurers find themselves torn between playing their societal role and safeguarding their own financial stability – after all, bowing to the demands of the sabre-rattlers would undoubtedly mean bankruptcy for huge swathes of the industry (ultimately derailing the global economy even further). 

 

Moreover, surging loss costs in the US casualty market have also created cause for concern. In particular, alarms over social inflation and a challenging tort environment in these lines continue to be a prevailing theme, with several carriers stressing that the impact of these trends may not be fully understood for many years to come - providing the market with a real sense of “fear” for the first time in years.

 

*You will need to purchase a ticket to register to watch on-demand*

BUY TICKETON DEMAND

WHAT IS A VIRTUAL CONFERENCE?

Global

Connect with a

wider audience 

Accessible

Web, mobile, live

and on-demand

Sustainable

Less costs, less carbon, lower prices 

Much like an in-person conference, a virtual conference is an online event that brings together top industry experts and industry peers on a single day. It also enables you to:

 

Network

  • Connect with industry leaders dedicated through 1-2-1 live chats 

  • Build your contact base and easily share details

  • Reach a global audience 

  • Visit sponsor stands and video chat with sponsors in the online exhibition hall.

 

Gain high-value Content 

  • Engage with our speakers in a live Q&A

  • Thought-provoking topics

  • Access sessions after the event, On-demand 

  • Gain critical industry insights

  • Add documentation and online files to your 'virtual bag' which is yours to keep.

552

Attendees

50%

C-Suite & Senior Management

228

Companies

Speakers

Business leaders, experts, and innovators

 

Patrick Bousfield
Executive Director
Capsicum Re
Jason Busti
President, North America
AXIS Re
Elizabeth Geary
CUO, North America
TransRe
Kieran Dempsey
Executive Vice President, Chief Underwriting Officer
Ryan Specialty Group
Elissa Doroff
Vice President and Product Manager
AXA XL
David Flandro
Managing Director, Analytics
Hyperion X
Dan Glaser
President and CEO
Marsh & McLennan Companies
Paul Horgan
Head of U.S. Commercial Insurance
Zurich North America
John Howard
Chairman and CEO
BB&T Insurance Holdings, Inc.
Dinos Iordanou
Former Chairman and CEO
Arch Capital Group
Lara Mowery
Managing Director, Head of Global Property Specialty
Guy Carpenter
Prashant Pai
Vice President, Head of Cyber Solutions Business
Verisk
Bryan Schofield
Senior Vice President, Commercial Lines
Orchid Insurance
Tony Ursano
Group CFO
Hamilton Insurance Group
Karen White
CEO
RMS
Chris Williams

Senior Managing Executive Officer, Co-Head of International Business

Tokio Marine
Keith Wolfe
President, US P&C
Swiss Re
Greg Wolyniec
President & CEO
Ascot U.S.
Tim Zawacki

Senior Research Analyst

S&P Global Market Intelligence

Agenda

Please note, all times are EST

08:30 - 08:55 | Doors opened

Get set up and check out the virtual conference. The Insurance Insider team will be around to answer any questions you may have. 

08:55 - 09:00 | Welcome

Welcome to Insider US Virtual conference 2020

 

Gavin Davis, Director of Research, Inside P&C

09:00 - 09:25 | Fireside chat Dan Glaser

Dan Glaser, President and CEO, Marsh & McLennan Companies

09:30 - 09:55 | Fireside chat Dinos Iordanou

Dinos Iordanou, Former Chairman and CEO, Arch Capital Group

10:00 - 10:25 | Fireside chat Tony Ursano

Tony Ursano, Group CFO, Hamilton Insurance Group

10:25 - 11:00 | Networking break

Network with peers and take part in 1-2-1 chats to discuss Covid-19 response, industry trends, best practice and business development.

11:00 - 11:25 | Fireside chat Chris Williams

Chris Williams, Senior Managing Executive Officer, Co-Head of International Business, Tokio Marine

11:30 - 11:55 | Fireside chat Karen White

Karen White, CEO, RMS

12:00 - 12:30 | Panel discussion Cyber BI Lessons in the Age of Covid-19  

Panel Discussion: Cyber BI Lessons in the Age of Covid-19

 

  • John Hewitt Jones, Senior Reporter, Insurance Insider (Moderator)

  • Patrick Bousfield, Executive Director, Capsicum Re

  • Elissa Doroff, Underwriting and Product Manager for Cyber Technology, AXA XL

  • Elizabeth Geary, Chief Underwriting Officer, North America, TransRe

  • Prashant Pai, Vice President, Head of Cyber Solutions Business, Verisk

 

Up for discussion:

  • What can the rest of the market learn from cyber about how to quantify non-damage BI exposure? Do you need state support to insure this type of exposure?

  • How can companies strike the right balance between serving the need of their clients whilst protecting their own business model?

  • What are the new and emerging cyber risks globally? How can the insurance market prepare for these? How are new technologies helping address these risks?

12:30 - 13:00 | Networking break

Network with peers and take part in 1-2-1 chats to discuss Covid-19 response, industry trends, best practice and business development.

13:00 - 13:25 | Fireside chat John Howard,

John Howard, Chairman and CEO, BB&T Insurance Holdings, Inc.

13:30 - 14:10 | Panel discussion Global Insurance: Rising to the Challenge  

Global Insurance: Rising to the Challenge

 

Panelists include (more TBA):

  • Gavin Davis, Director of Research, Inside P&C   (Moderator)
  • Kieran Dempsey, Executive Vice President, Chief Underwriting Officer, Ryan Specialty Group
  • David Flandro, Managing Director, Analytics, Hyperion X
  • Paul Horgan, Head of U.S. Commercial Insurance, Zurich North America
  • Bryan Schofield, Senior Vice President, Commercial Lines, Orchid Insurance
  • Tim Zawacki, Senior Research Analyst, S&P Global Market Intelligence

 

Up for discussion:

  • Pricing and the underwriting cycle: we entered 2020 with clear dynamics in place. A need for pricing and reserve pressures had been well communicated to clients and intermediaries had largely accepted a need for gradual price improvement. The key was expected to be whether pricing would stick past Q1 when the market lapped rate on rate. How much has that playbook been thrown out of the window? What has changed, and what has stayed the same?
  • Coronavirus: what are companies expecting in terms of spill over claims in BI, impact on defence costs, other sources of losses? Is a mid-sized cat a reasonable estimate? Where will the losses fall / not fall? How does the market respond and help solve client needs around risk transfer going forward?
  • Broker consolidation and M&A: how does it change the market, and how do insurance companies respond?
  • Corporate governance: a hot topic over the last 12 months. Do our corporate governance standards meet the maturity of the industry and our stage in the life cycle? Do boards across the industry have enough diversity in thinking to hold management to account for company cultures?

14:15 - 14:55 | Panel discussion 

Reinsurance: Navigating a Fragmented Market

Reinsurance: Navigating a Fragmented Market

 

Panelists include:

  • James Thaler, Senior Analyst, Insurance Insider (Moderator)
  • Jason Busti, President, North America, AXIS Re
  • Lara Mowery, Managing Director, Head of Global Property Specialty, Guy Carpenter
  • Keith Wolfe, President, US P&C, Swiss Re
  • Greg Wolyniec, President & CEO Ascot U.S.

 

Up for discussion:

 

The P&C reinsurance market turned in 2019, with momentum building and pricing resurgent in response to record catastrophe losses in the prior two years.  

 

However, a brewing casualty reserving crisis in the US must not be ignored and how reinsurers respond will be pivotal to sector dynamics. Dissent remains as to where rate rises sit relative to loss-cost inflation in highly stressed areas like general liability, commercial auto, D&O and med-mal, prompting divergent underwriting strategies from reinsurers that are likely to continue throughout 2020. 

 

Moreover, the advent of coronavirus has thrown the (re)insurance industry headfirst into a maelstrom of operational challenges, potentially significant losses and reputational risk. (Re)insurers find themselves torn between playing their societal role and safeguarding their own financial stability.

 

  • What is the current state of play in the reinsurance market?

  • Coronavirus: what is the impact for the P&C universe from the on-going fallout? How should the reinsurance industry respond? How have previous loss events and Covid-19 changed the dynamic between cedants and reinsurers? 

  • Are warnings from primary and reinsurance carriers on inadequate pricing and deteriorating prior-year losses only a sign of things to come?

15:00 | Networking power hour

The platform will stay live until 16:00 for delegates to discuss the speaker presentations and panel discussions, finish 1-2-1 chats and pursue any networking opportunities.

Previous Attending Companies Include

 Agora Underwritng  •   Allianz  •  Allied World  •  Amtrust  •  Aon  •  AXA XL •  AXIS Capital  •  Beach & Associates  •  Beazley  •  Belvedere Mead  •  Besso  •  Brunel Insurance Brokers  •  Canopius  •  Charles Taylor Adjusting  •  Chubb    DARAG Group  •  Enstar  •  Fidelis  •  Generali UK  •  GIC of India, UK Branch  •  Guy Carpenter  •  Hamilton-Bond  •  Hiscox  •  Humboldt Re Limited  •  JS Held  •  Kennedys Law LLP  •  Kermen  •  Kobus Brink  •  Liberty  •  Lockton  •  Markel  •  Marsh JLT  •  Nephila Syndicate Management  •  QBE  •  QIC Global  •  Ren Re  •  RFIB  •  Riverstone  •  RKH Specialty  •  Ryan Re  •  SCOR  •  Swiss Re  •  THB Group  •  Tokio Marine Kiln  •  United Insurance Brokers  •  Willis Re  •  Willis Towers Watson  •  Zurich  

What Previous Attendees Say

"Fantastic event, presented & coordinated by the preeminent insurance publishing organization
in the world!"

 

"Information that will enable me to approach my clients with a greater appreciation and understanding of their challenges."

"One of the best one day conferences for quality of speakers, content and venue."

"Very good program. A lot of useful information packed into one day."

 

Virtual Conference On Demand Passes

All prices exclude VAT

 

EarlyBird
Subscribers*

£445

 

 

 

Early bird rate until 31/01/20.

Increasing to £545 thereafter.

 

 

EarlyBird
Non-Subscribers

£495

 

 

 

Early bird rate until 31/01/20.

Increasing to £595 thereafter.

 

 

Service Providers

£895

 

 

 

Applies if you are a non-subscriber and your company is a service provider.

 

 

Startups

£395

 

 

 

Applies if you are a non-subscriber and your company is a service provider.

 

 

Group bookings

15% off

 

 

 

Subscribers should contact us below for their group booking promo code.

 

 

 

Subscribers*

$175

 

 

 

 

.

 

 

 

 

 

Non-Subscribers

$225

 

 

 

 

.

 

 

 

 

Group bookings

15% off

 

 

 

Subscribers should contact us below for their group booking promo code.

 

*if you wish to purchase a ticket please email, please contact events@insuranceinsider.com.

 

Download the Full Preview

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FORM GOES HERE

 

FAQ's

Sponsors

Media Partner 

Venue

Address

Convene
75 Rockefeller Plaza
New York, 10019

Transport
Click here for directions to the venue.
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