AIMU Marine Insurance Issues Seminar

 
Tuesday 07 May 2019      

Shifting Market, Shifting Tides - A New Marine Insurance Landscape is Emerging

Alexander Hamilton U.S. Custom House, 1 Bowling Green, New York NY 10004

Time: 8:30AM – 5:15PM • Cocktail reception: 5:30-6:30PM

Registration Fee:  $250 (member) / $500 (nonmember) (includes breakfast, presentations, lunch and cocktail hour)

Cocktail Hour: $125  (from 5:30 to 6:30)

Continuing Education Credits: 
NAMS: 8 Credits
SAMS: 8 Credits

State Insurance Departments:
Approved for 8 CE credits in TX, NJ, NY and PA; pending approval in CT.

    

PLANNING COMMITTEE

Sean Dalton (Chair)  Munich Re America
Kaity Sansone (Vice Chair)  Gen Re
Rob Ryan (Vice Chair) Navigators
Daniel Clancy Chubb
Andrew D'Alessio AXA XL
Deirdre Donovan Munich Re America
Tim Drucker Travelers
Matt Elias Zurich
Maggie Jacobsen Aon
Taylor Magrath Starr Marine
Dennis Smith Guy Carpenter


PROGRAM

 

TIMETOPICSPEAKERS
8:00 am Registration & Breakfast   
8:30 am Welcome and Opening Remarks Michael McKenna, Chairman, AIMU
John Miklus
, President, AIMU
Sean Dalton, Munich Re America

 9:00am - 9:45am Overview of US P&C and Marine Market
Update on economic outlook and review of US P&C Insurance Market and Ocean Marine Insurance Market including factor influencing exposures and results.
Jim Lynch, Insurance Information Institute
 9:45am - 11:00am Lloyds US Underwriter and Broker Panel Discussion
Focus on market changes and impact of Lloyd's "Closing the Gap" initiative on both the Global and US Marine Insurance Markets. This panel will provide both underwriter and broker perspectives from a number of different professionals and marine lines of business. Interactive session that will feature facilitated questions and audience Q&A. Moderated by Sean Dalton

Mark Engel, ProSight Specialty Insurance 
Lincoln Purdy, Starr Marine
Joe Sheridan, Frenkel & Company
Mike Nukk, Liberty Mutual Insurance
James Fogarty, Aon Reinsurance Solutions
Sean Dalton, Munich Re 

11:00am - 11:15am Break  
11:15am - 12:00pm Weather/NAT CAT and RMS Modeling Tool Updates
Session will cover an update on NAT CAT Weather developments and impact to the Marine Insurance Industry. RMS will also provide an update on modelling tools applicable to the Marine Insurance Industry including Cargo, Yacht and Flood. Followed by Q&A.

Darin Figurskey, NOAA's National Weather Services
Peter Ulrich, RMS

12:00am - 1:00pm Lunch Buffet style lunch is served in foyer
1:00pm - 2:20pm Mega Ship Challenges
Individual presentations highlight the recent casualties and challenges posed by larger ships including navigation, salvage, vessel fire (hazmats / mis declared cargo), containers overboard, grounding, wreck removal and claims including General Average. The panel will include leaders and professionals from a shipping company, P&I Club, Surveyor and Adjuster. Followed by Q&A.

Ian Lennard, National Cargo Bureau 
Joe Hughes, American Club
Michael Hird, WK Webster
Murat Koksel, Hamburg Sud

2:20pm - 3:00pm Emerging Issues: ‘Marijuana/Opioid Crisis’ including the USCG is increasing random drug testing and its greater impact on licensed mariners & ‘Punitive Damages’ with discussion of Punitive Damages and Batterton - the case presently before the Supreme Court on the issue of whether punitive damages are available for unseaworthiness. Chief Administrative Law Judge Honorable Walter J. Brudzinski
Harold Watson, Chaffe McCall LLP
3:00pm - 3:15pm Break

 
3:15pm - 4:00pm Hurricane Plans
Individual presentations highlight effective Hurricane Plans for Yacht (haulouts, mangrove mooring, hurricane proof storage facilities), Cargo, and Shipyards. Will provide discussion on effectiveness and ramifications if hurricane plans are not executed upon as well as lessons learned from 2017 and 2018 NAT CATs. Followed by Q&A.

Claudio Crivici, Castlerock Risk Services, LLC
Kyle Antonini, Martin Ottoway van Hemmen & Dolan, Inc.

 4:00pm - 5:15pm Marine Leadership Panel
Leadership panel to address current issues including day-to-day challenges, profitability, expenses, talent, diversity, training, trends, innovation (disruption), technology, large losses, modeling, global trade uncertainty and more. Interactive session that will feature facilitated questions and audience Q&A. Moderated by Anthony Cowie.

Karen Griswold, Chubb
J. Michael Falvey, Falvey Insurance Group
Tony Plutino, Navigators
Patrick  O’Neill, Aon Risk Solutions
Liz Nittolo, International Marine Underwriters
Tony Cowie, Swiss Re America

5:15pm  Closing Remarks

John Miklus, President, AIMU
5:30pm - 6:30pm Cocktail Reception Custom House, Rotunda, One Bowling Green, NYC

 

Hotel Recommendations (tripadvisor.com or booking.com or hotels.com):
Club Quarters Hotel, Wall Street
Club Quarters Hotel, World Trade Center
Andaz Wall Street
Gild Hall, a Thompson Hote

Refunds/Cancellations
Refund requests will be honored if received at least 48 hours prior to the scheduled start date. All refunds will be subject to a processing fee of 4%. 

Location U. S. Custom House, 1 Bowling Green, New York NY 10004
Contact Elvira Rodin at erodin@aimu.org or 212-233-0550

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Only employees of AIMU Member Companies can be added to the email list. Any questions, contact Elvira Rodin at erodin@aimu.org or 212-233-0550

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