Meeting Information

Monday

2:00 PM | Mitigating the Impact: Nuclear Verdicts, Social Inflation, and Litigation Financing

Brian Cohen, Arden Insurance Services, LLC (Moderator)
Mia Finsness, Markel
Bonnie Guth, Munich Re
Richard Henderson, Trans Re
Carey Bond, Lloyd’s

In today’s evolving legal environment, insurance carriers, reinsurers, and program administrators face significant threats from nuclear verdicts, social inflation, and litigation financing. This session aims to equip attendees with strategies to effectively address these challenges and safeguard their operations. Nuclear verdicts, characterized by exceptionally large jury awards, and social inflation, driven by societal factors influencing jury decisions, are exacerbated by litigation financing, which enables plaintiffs to pursue costly legal battles.

Proactive strategies to combat these trends include:

• Advanced Analytics: Learn how to leverage data analytics for more accurate risk prediction and strategic underwriting, helping to mitigate the financial impact of large verdicts and shifting societal influences.
• Legal Partnerships: Discover the benefits of fostering strong relationships with legal experts to build robust defenses and navigate complex litigation landscapes effectively.
• Claims Management: Gain insights into implementing rigorous claims management protocols to address emerging issues swiftly and efficiently.

Attendees will hear from industry experts on practical approaches to these mitigation strategies, ensuring they are well-prepared to handle the evolving litigation dynamics and maintain resilient operations.

4:00 PM | GENERAL SESSION w/ KEYNOTE SPEAKER: Joan Woodward 

Woodward on Washington

Drawing on her experience on Capitol Hill and Wall Street, Joan Woodward, Executive Vice President of Public Policy at Travelers, will share her economic, public policy and political outlook in this data-driven analytical presentation. What do higher interest rates, coupled with closely watched inflation mean for your business and what are the odds for a U.S. recession next year?

What pressing challenges might Congress and the White house face in 2025? Joan will explore these issues, and what the 2024 elections may mean for insurance, tax policy, and the broader economy. 

TUESday

8:30 AM | GENERAL SESSION w/ INDUSTRY SPEAKER: Robert Hartwig, PhD, CPCU 

The P/C Insurance Industry in an Age of Uncertainty: An Overview and Outlook

This presentation will provide a fast-paced and detailed overview of the P/C insurance industry’s performance as economic, financial and geopolitical uncertainty loom large. Insurers, producers and policyholders alike remained concerned about the lingering effects of inflation, economic growth, a challenging underwriting environment, unrelenting catastrophe losses, emerging technology risks and an uncertain political course for the country.

Sponsored by: 

10:30 AM-Noon | Lloyd's Open House

Target Markets members place nearly $3B of premium into the Lloyd’s market on a Delegated Authority basis. If you are a current Lloyd’s coverholder or interested in becoming one, the Open House is your chance to meet with 14 Lloyd’s Syndicates in one place.

Whether you are looking for additional capacity or to place a new program, don’t miss this opportunity to talk directly with the underwriters. 

• AEGIS Managing Agency Limited
• Argenta Syndicate Management Limited
• Ascot Group
• Atrium Underwriters
• AXA XL
• Beazley
• Berkley (WRB)
• Brace Underwriting Limited
• BRIT Global Specialty
• Greenlight Re
• Hiscox
• Managing Agency Partners Ltd
• Renaissance Re
• Tokio Marine Kiln

Representatives from Lloyd’s and Tysers will be on hand to help make introductions and navigate the room.

Sponsored by

11:45 AM-1:00 PM | Women's Leadership Lunch

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Elevate your professional presence with insights from Tracey Dibble, Senior Learning & Talent Manager at Allianz Commercial, and your peers.. This luncheon will focus on enhancing your public speaking and presentation skills, empowering you to confidently command any room.

Why Attend?

• Skill Building: Learn practical tips and strategies to boost your confidence and refine your presentation abilities.
• Networking: Share experiences and expand your network within the insurance industry.
• Empowerment: Be part of a supportive community committed to fostering leadership and growth for women in the program business space.

Don’t miss this opportunity to gain valuable resources while connecting with like-minded women.

Sponsored by

2:00 PM | Student Talent Open House

Find your next generation of talent at the Student Open House. Join us for an exclusive event where you’ll have the chance to connect with talented students from Risk & Insurance programs at top universities across the country.

Engage in conversations about career paths and internship opportunities with your company and explore how the Risk & Insurance curriculums prepare students for success in this fast-evolving field. This is your perfect opportunity to network with emerging professionals, share your company’s vision, and even collect resumes from enthusiastic candidates eager to contribute to your team. Don’t miss this chance to shape the future of the Program insurance industry and find your next great hire!

Universities in attendance will include:

• University of South Carolina
• Saint Joseph’s University
• Southern University
• Georgia State University
• Arizona State

 Sponsored by 

4:00 PM | Unlocking the Future: AI's Evolution in the Program Space

This dynamic panel will delve into AI’s transformative role within the Program insurance sector, demonstrating that AI is not a fleeting trend, but a powerful catalyst for change. Attendees will gain insights from real-world case studies shared by program administrators and capacity providers. The session will explore the application of various AI subsets—Machine Learning, Deep Learning, Large Language Models, Predictive Analytics, and Data Mining—in driving unprecedented accuracy, efficiency, and personalization in insurance processes.

Our journey will illustrate how these AI technologies are revolutionizing the Program insurance in the following ways:

• Precise and Focused Underwriting
• Efficient and Insightful Claims Processing
• Personalized Services
• M&A – Applicability and Value