Program Administrator Town Hall: Navigating a Hardening Market

RECORDED Monday, May 3  | 11:00 AM Eastern

For many currently administering programs, and in the industry at large, this latest hard market may be the first they have needed to navigate, and the business implications are significant.
Listen to a panel of your program peers discuss how a hardening market is impacting their business, where the greatest impacts are being felt, and the response of program carrier partners.

Expect to hear discussions that include:

  • What classes of business are likely to see the most significant impact
  • What issues are driving the firming market
  • How is the firming of this market being manifested? Rate, limits, terms, all or some of the above?
  • COVID-19 impacts
  • Response from carriers
  • Options for non-traditional fronting carrier opportunities
  • Market solutions and planning for future success


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TOWN HALL PANEL

 

JohnColis

John Colis is the President and CEO of Euclid Insurance Services, Inc. Euclid operates as a program administrator for specialty property casualty insurance programs as well as a general agency involved in the sales of various employee benefit products. In all cases, Euclid receives its business from insurance agencies and wholesale brokers. The firm does business in all fifty states and has 90 employees. Euclid was founded by Peter G. Colis in 1952 as a retail insurance agency. John joined his father after working in the reinsurance and program insurance business. Prior to joining Euclid, he spent time in London as a broker at Lloyds, at General Reinsurance Corporation and at Aon Risk Services. John is a two time graduate of Northwestern University having received his Bachelors of Arts Degree in 1979 and his MBA from Northwestern’s Kellogg Graduate School of Management in 1983. 

 

Leisz Chris Chestup

Chris Leisz has served as President of RPS Signature Programs Division since 2018 where he leads all operational activities of the division including strategic planning, business and corporate development, P&L, M&A, market relationships and execution of business plans for programs within the division. Prior to RPS, Chris held positions as Senior Vice President and Chief Underwriting Officer of Specialty at CNA Insurance and Senior Vice President at Hiscox where he was responsible for the creation of their US Management Liability Practice. In addition, Chris served as director of Hiscox Insurance Company, Inc., Hiscox’ admitted carrier in the US. Chris began his insurance career at AIG and his professional career as an Associate for the law firm of Winget, Spadafora & Schwartzberg, LLP.

Chris was recognized as an Insurance Executive to Watch by Risk & Insurance Magazine in 2005. He is active member of various insurance associations. Chris holds a bachelor’s degree in Political Science & Government and a juris doctorate degree from St. John’s University.

 

kevin Johnson 750x750

Kevin Johnson is President of Insurance Programs for Munich Re Specialty Insurance (MRSI), a commercial insurance unit of Munich Reinsurance America, Inc. (Munich Re US) in North America. In this role, he is responsible for the profitability and growth of the Program Business underwriting portfolio. During his 10+ years with Munich Re, Kevin has held roles in underwriting overseeing in-force program business, and has also led sourcing and onboarding activities for new program opportunities. He also served as Chief of Staff to the CEO, with responsibilities that included leading and participating in strategy projects on behalf of the Office of the CEO, as well as facilitating the development, monitoring and implementation of initiatives from the CEO and the company’s strategic roadmap. Kevin began his career as part of the company’s underwriting trainee program in 2009.

Kevin graduated cum laude with a bachelor’s in Business Administration from Temple University where he majored in Risk Management and Insurance, as well as Finance. He also has an MBA from Saint Joseph’s University and has completed the CPCU, ARM and ARe designations.

 

pete chandler color

Pete Chandler joined BMS in May 2019 and currently serves as President and Chief Executive Officer of BMS Re. With over 30 years of insurance/reinsurance broking and underwriting experience, Pete has worked across multiple facets of the industry’s distribution platform. Prior to joining BMS, Pete was Deputy CEO of JLT Re North America and was responsible for leading their new business Origination Team, and was a member of their North American Executive Committee. Pete had joined JLT Re in 2016. Prior to which, he had been employed by the Marsh McLennan Group, first as COO of Guy Carpenter’s North American Broking Operations, and then as Managing Director, Western Regional Leader of Marsh’s retail broking business. Prior to that, Pete held leadership positions in the reinsurance broking community with AonBenfield, Benfield and E.W. Blanch. Pete began his career as a primary lines underwriter with CIGNA P&C in 1988, and also held underwriting positions with General Re and Constitution Re prior to joining E.W. Blanch’s San Francisco office in 2000.

Pete earned his MBA in International Marketing from Loyola Marymount University in 1995 and graduated from Cal Poly, San Luis Obispo with a B.S. degree in Business Management in 1987.

 

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