2014

Registration & Continental Breakfast

Opening Welcome Remarks

• Rebecca Bole, Director of Editorial Strategy & Products, Advisen

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.

• David Bradford, President, Research & Editorial division, Advisen

Welcome Remarks

• Stephen Prymas, Vice President, Hartford Financial Products, The Hartford

Opening Keynote by Barry Griffiths, Principal at Landmark Partners

Private Equity Market Dynamics

Developments in the private equity market can have a significant impact on the management liability risk profiles of private companies. This keynote presentation will examine trends in private equity and explain the forces driving company valuations and the number and types of deals now being done.

Sponsored Morning Break

Private Equity, Venture Capital and 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.

• Jonathan Legge, Managing Principal, Vanbridge (Moderator)
• Fred Cooper, Executive Vice President and Head of U.S. Financial Institutions Insurance, Endurance
• Beth Goldberg, SVP, Head of Middle Market, Zurich Management Solutions Group
• Thomas Kim, Principal & Global Risk Manager, KKR Capstone
• Machua Millett, SVP Claims Advocate & General Partner Liability Product Leader, Marsh

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.

• David Bradford, President, Research & Editorial division, Advisen (Moderator)
• Brian Botkin, Executive Vice President and Head of Multinational Placements, AIG Financial Lines
• Perry Granof, Managing Director, Granof International Group LLC
• Ann Longmore, Managing Director, Marsh FINPRO North America

Sponsored Luncheon

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.

• Will Grein, Senior Vice President, Professional Lines, Allied World North America (Moderator)
• Steven Cohen, Senior Vice President, Victor O. Schinnerer & Company
• Ziad Kubursi, SVP – Head of Management & Professional Liability, Philadelphia Insurance
• Liz Olsson, Senior Vice President, Professional Risk Group, Wells Fargo Insurance Services
• Ellen D. Willmott, General Counsel & Corporate Secretary, Susan G. Komen

Spotlight on the EPLI Market

AIG and Advisen have teamed up to research and produce a ground-breaking report into the North American Employment Practices Liability insurance market for public and private companies. EPL may be a mature insurance product and data on the subject is at risk of being considered “complete.” Not so. What is the context behind the numbers? This session will define the current state of the market, including market size, buying patterns, claims analysis, and will explore some of the key factors shaping the sector in the coming years.

• Rebecca Bole, Director of Editorial Strategy & Products, Advisen
• Keith Freid, SVP & Chief Underwriting Officer for Private Company & Non-Profit Division of Financial Lines, AIG

Sponsored Break

Network Security: Why private company directors should be concerned

The December 2013 Target data breach highlighted the potential liability of public company directors and officers for network security failures. But should private company board members and corporate officers be concerned as well? This session will explore the vulnerabilities of private companies of all sizes to data breaches, and examine the types of scenarios that could place directors and officers in the cross hairs of regulators, investors, customers or other stakeholders.

• Chad Hemenway, Managing Editor, Advisen (Moderator)
• Richard Bortnick, Senior Counsel, Traub Lieberman Straus & Shrewsberry LLP
• Jeff Grange, President, Specialty Insurance, QBE North America
• David Lewison, Financial Services National Practice Leader, AmWINS

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.

• Shelley Norman, Head of Private and Non-Profit Management Liability – US & Canada, AIG (Moderator)
• John D. Hughes, Partner, Edwards Wildman Palmer LLP
• Erin McGinn, VP, Private Commercial Claims Manager, XL
• Joe Monteleone, Partner, Rivkin Radler

“Primary & Excess Cavallaro”

Chris Cavallaro 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 Cavallaro.

• Chris Cavallaro, Managing Director, ARC Excess & Surplus
• Stephen Cavallaro, Underwriting Manager, Professional Risk Facilities

Closing Remarks 

Sponsored Reception