11:00am-11:05am

Opening Remarks by Stacie Lilien, Global Head of Event Programming, Advisen

11:05-11:35am

Fireside Chat sponsored by RT Specialty

Join Pat Ryan in conversation with Brenda (Ballard) Austenfeld as they take us through the history of the insurance marketplace and discuss what the future may hold. Ryan, founder of Ryan Specialty Group and Aon Corporation, will offer his unique perspective on the global brokerage landscape and the future of insurance distribution. He’ll share advice for risk and insurance professionals navigating the market, and explain why he is so confident about the prospects, potentials, and value of insurance. This fireside chat will also feature a question-and-answer session, with an opportunity for attendees to hear from a true legend in the insurance business.

• Brenda (Ballard) Austenfeld, President – National Property, RT Specialty
• Pat Ryan, Founder, Chairman & CEO, Ryan Specialty Group

11:35am- 12:20pm

Property from the Insurers’ Perspectives

In property insurance, civil unrest and COVID-19 have made a hard market even harder – not to mention unprecedented hurricanes, wildfires, and other natural disasters. Many insureds now may face new economic realities, significant shifts in their exposure, and the costs and considerations with reopening properties. How are insurers responding to these evolving needs and keeping pace with losses? Pandemic-related claims have illustrated the need for contract clarity – how will the market respond from a policy language perspective? What are the driving forces behind the rapid changes in 2020?

• Michael J. Rouse, Managing Director – US Property Practice Leader, Marsh [Moderator]
• Duncan Ellis, Head of Retail Property, AIG
• Shaun K. Gonzales, EVP, Property Product Leader, Global Risk Solutions, Sompo International
• Michele Sansone, President of Property, AXA XL

Register Here!

11:00am-11:05am

Opening Remarks

11:05am-11:50am

The Effects of the Hard Market on Buyers

The property insurance marketplace has been steadily firming since late 2017, with a harder market now evident across many lines of business. With added stress factors from the pandemic and civil commotion, risk managers face new challenges as they head into their property renewals. Effective communication with insurance partners is more important than ever. How has the pandemic affected exposures and marketplace relationships? With hard-to-place business flowing into the E&S market, how are underwriting and submissions changing? How can insurers, brokers, buyers, and lenders work together to find common ground?  What are the underlying drivers influencing the market and when might these challenges abate?

• Erik Nikodem, Senior Vice President, Global Head of Property, Everest Insurance Company [Moderator]
• Stephanie Hyde, Insurance and Risk Management Consulting – Real Assets & Private Equity, PE-Risk
• Theresa Purcell, Director of Risk Management, Kushner
• Lori Seidenberg, Global Director of Real Assets Insurance, BlackRock, Inc.

11:50am – 11:56am 

Shop Talk sponsored by FM Global

The interview, led by a Pulitzer-nominated journalist speaking with FM Global executive vice president Bret Ahnell, will examine the top three risks for companies that choose not to invest in resilience, what are the best risk mitigation practices business executives can take despite the distractions of the pandemic to address their property-related threats, and what’s the persuasive argument for resilience when internal groups in an organization are also competing for finite capital allocation for fiscal year 2021.

• Bret Ahnell, Executive Vice President, FM Global

11:56am-12:11pm

Presentation of Advisen’s Property Insurance Leadership Award

This prestigious award recognizes an outstanding individual who is a property liability coverage expert, innovator, leader, and mentor. The recipient is determined by the industry thought-leaders who comprise this year’s Conference Advisory Board.

Register Here!