If you focus on Management Liability issues for Private Companies & NonProfits, SAVE THE DATE for Advisen’s 4th annual Management Liability Insights Conference in New York on Tues Sept 23. Our 10 Sponsors: XL, Endurance, The Hartford, Philadelphia Insurance, AIG, Starr, Victor O. Schinnerer, Rivkin Radler, Edwards Wildman, Innovation Insurance Group.
Stephen Prymas, Vice President & Head of Hartford Financial Products, is our 2014 Conference Chairman
Learn more about Mgmt Liability Conf for Private Cos & NonProfits
Tuesday September 23 from at 8am-5pm
New York Marriott Downtown
85 West Street
New York, NY 10006
9am – 9:05am / Opening Welcome Remarks
9:05am – 9:25am / The Private Company and Nonprofit D&O Market: What the Numbers Say
An overview of the private company and nonprofit D&O market, focusing on size, demographics, growth potential, pricing trends and profitability.
9:25am – 9:35am / Welcome Remarks
9:35am – 10:15am / Opening Keynote
10:15am – 10:30am /Sponsored Morning Break
10:30am – 11:15am / Private Equity, Venture Capital, & the Entrepreneur: Perspectives on Management Liability
Many venture capital and private equity firms require that any new company in which they invest have some level of D&O coverage in place. Coverage can vary widely among portfolio companies, however, and the individual portfolio company policies typically are not coordinated with the sponsor-level management liability coverages. This session will examine the D&O and other management liability issues of the individual companies that comprise a portfolio, as well as the issues specific to venture capital and private equity firms.
11:15am – 12:00pm / Global D&O Perils for Private Companies
Companies of all sizes now are participating in the global economy. As U.S. companies expand abroad, their directors and officers are potentially exposed to a growing array of risks. This session will explore the risks faced by U.S. companies and their directors and officers from exposures such as the FCPA and similar anti-bribery legislation around the world, trade sanctions, data privacy and network security laws, employment laws, and other sources of lawsuits and regulatory investigations and enforcement actions. Insurance options for non-U.S. exposures also will be discussed.
12:00pm – 1:30pm / Sponsored Luncheon
1:30pm – 2:15pm / Management Liability Issues for Nonprofit Organizations
Employee-related lawsuits are by far the most common type of management liability claim faced by nonprofit entities. However, directors and officers of nonprofits are exposed to a wide and growing number of risks from foundations, government funding sources, regulators, clients and individual donors. This session will look at the various management liability exposures of nonprofit entities and their directors and officers, explore risk management options, and discuss the types of insurance that can address these exposures.
2:15pm – 3:00pm / Regulatory risks
Senior executives of companies of all sizes increasingly see regulations and regulatory enforcement actions as among the most significant risks faced by their organizations. This session will explore trends in regulatory enforcement, discuss best practices in responding to an investigation, and examine the insurance coverages available for the costs associated with an investigation.
3:00pm – 3:15pm / Sponsored Break
3:15pm – 3:45pm / “Primary & Excess Cavallaro”
Chris Cavallero will share his views on the private company D&O market as well as a variety of related topics during a fireside chat moderated by Steve Cavallero.
3:45pm – 4:30pm / Coverage and Claims: Why are underwriting results suffering?
Insurance buyers have benefitted from a competitive private company D&O market. In recent years, however, results have suffered. This session will look at the sources of deteriorating underwriting results, including trends in claims, pricing trends, and policy terms and conditions, and will provide insurance buyers valuable insights as they plan and budget for their management liability programs.
4:30pm – 5:15pm / The View from the Top
Top management liability executives will give their insights into the most significant trends and developments in the private company/non-profit insurance market. Topics to be addressed include factors driving the pricing cycle, capacity, underwriting discipline and emerging risks.
5:15pm – 5:30pm / Closing Remarks
5:30pm – 6:30pm / Sponsored Reception
This conference focuses exclusively on Management Liability issues for Private Companies and Non-Profits. Rather than high-level, hypothetical analysis, this conference event aims to put actionable information in the hands of practitioners. Effectively managing private company and nonprofit D&O exposures has become more complex over time. While brokers, risk managers, claims professionals and underwriters have new tools to understand and manage these exposures, the risk landscape continually evolves with a challenging economic environment, more stringent governance standards, increased regulatory scrutiny, heightened stakeholder expectations and an aggressive and opportunistic plaintiff bar. Understanding the latest litigation trends, adding techniques for managing D&O exposures, and gleaning new solution angles to overcome obstacles is the purpose of this event.
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