Casualty Insights Conference topics will address managing casualty risk in a global economy, increases in severity, supply chain risks, and issues associated with sustainability and pandemic disruption. This is the only Casualty program which brings together an array of insurance company and brokerage experts to focus on the issues of greatest significance to risk managers and insurance buyers, while being highly relevant to casualty professionals throughout the insurance and reinsurance markets.

Ania Caruso is the managing director, casualty practice leader, Southeast region, at Gallagher.

Speaker:

Shari Belitz, CEO of Shari Belitz Communications and founder of EnPSYCHLAWpedia™

With increasingly high verdicts and settlements, the new Comprehensive Insurance Disclosure Act in New York (CIDA), and an exceptionally creative plaintiffs’ bar, the casualty insurance market faces steep challenges. While these factors aren’t new, they also don’t appear to be abating. Casualty rates and underwriting methods must keep pace with – and ideally stay ahead of — risks, litigation trends, and uncertainty. This session will address how the market is responding to these ongoing obstacles and finding innovative ways to succeed.

Panelists:

• Ellen Greiper, Lewis Brisbois [moderator]
• Hon. Tanya R. Kennedy, Associate Justice, NYS Appellate Division, First Department
• Diana Gerstberger, Arch
• Jonathan Tellekamp, Liberty Mutual

The opioid crisis may be far from over, but insurers must still look ahead to the next major loss exposure. The industry is already feeling an impact from sexual abuse/molestation claims and seeing more litigation around PFAS, or “forever chemicals.” Consumer needs and attitudes also continue to shape the way society functions — will the “need it now” mentality lead to higher liability losses? This session will offer a glimpse into the future for casualty insurers and highlight areas where organizations may need to implement more rigorous risk management.

Panelists:

• Ania Caruso, Gallagher [moderator]
• Bob Reville, Praedicat
• Connie Germano, Kalepa
• Casey Petersen, WTW
• Philip Salamone, PMA Insurance Group

Facing a “retirement tsunami,” the insurance industry has the urgent task of refilling its ranks. Rather than merely finding new employees, the industry should look to mentor effectively in order to teach incoming insurance professionals to think strategically and creatively. What are the necessary skillsets to make insurance more than a transactional relationship? How can insurance firms attract the best talent? The industry has passed the awareness stage and must now take decisive actions.

Panelists:

• Alexandra Littlejohn, Alliant [moderator]
• Cortney Bachman, WTW
• Margaret Resce Milkint, Diversified Talent
• Kevin Whitehead, Allianz Global Corporate & Specialty
• Kelley Inman, Hudson Insurance Group
• Irina Simpson, PMA Insurance Group

Price increases have been moderating in recent quarters and industry results appear on the upswing. Has the industry reached an acceptable level of rate adequacy? What does “rate adequacy” mean in today’s market? How can brokers add value and build a truly consultative relationship with their clients? This session will offer an update on the dynamics underpinning the casualty market and what that means for the future outlook.

Panelists:

• Kevin Maloney, Allied World [moderator]
• Michael Vitulli, Risk Strategies
• John Ferguson, Zurich
• Jesse Paulson, Marsh
• Carmella Capitano, Starr Companies

The day’s agenda has offered insight into what keeps the casualty market up at night. Already, leaders throughout the industry are taking action to chart a successful course for the future. Advisen’s annual “View from the Top” panel offers a rare opportunity to hear from the market’s movers, shakers, and risk-takers.

Panelists:

• Tony DeFelice, Aon [moderator]
• Joe Cellura, Allied World
• David Perez, Liberty Mutual
• Lyndsey Christofer, Chubb
• Alexandra Littlejohn, Alliant