Program | Insurance Risk Management Forum

7:30 AM - 4:00 PM

Registration Open

7:00 AM - 8:00 AM

Time Allotted to Meet With Corporate Partners
We know how important it is to have one-on-one meetings with your underwriters and brokers. We have allotted time for individual meetings.

7:30 AM - 8:00 AM

Continental Breakfast
Sponsored by SOMPO

8:00 AM - 9:00 AM

Opening Welcome Keynote

Woodward on Washington: An Economic, Policy and Political Outlook

What do fluctuating interest rates, complex labor force dynamics and evolving geopolitical risks mean for your business and your customers? What pressing challenges will Congress and the White House face in 2025? Drawing on her extensive experience as an economist on Capitol Hill and an analyst on Wall Street, Joan Woodward will share her economic, public policy and political outlook in this data-driven, analytical and nonpartisan presentation. Woodward, who currently serves as Executive Vice President for Public Policy at Travelers, will also explore how the 2024 U.S. elections may impact insurance, tax policy and the broader economy.

• Joan Woodward, President, Travelers Institute, Executive Vice President, Public Policy, The Travelers Companies, Inc

9:00 AM - 9:30 AM

Regulatory Outlook: State of the Market

Join us for an important state of the market outlook delivered by Rob Nichols, President and CEO of the American Bankers Association. Don’t miss your chance to explore anticipated regulations following the change in administration and their impact on your insurance risk management strategy.

• Rob Nichols, President and CEO, American Bankers Association

9:30 AM - 9:45 AM

Break
Sponsored by Lockton

9:45 AM - 10:45 AM

General Session

The Updated Landscape of Fraud and Cyber Risks 

ABA EVP Paul Benda will review the latest trends in fraud and cyber scams. He’ll cover executive protection concerns, ubiquitous impersonation scams and how telecoms are enabling them, the perennial problem of check fraud, and the continued rising threats from AI (including video deepfakes). He’ll also mention ABA’s current efforts to mitigate these threats and explain why banks should take advantage of them. 

• Paul Benda, Executive Vice President, Fraud and Cybersecurity, American Bankers Association

10:45 AM - 11:00 AM

Break

11:00 AM - 12:00 PM

General Session

Third-Party Risk
Third-party provider risks are increasing. Contract terms are important, but there’s more to consider when an incident occurs. This session will cover next steps when a provider’s actions or inactions cause a loss. Topics include: Contract stipulations that could impact recoveries from the provider; possibilities if multiple customers of the same provider are impacted; notifying your insurer; and methods of tracking expenses plus direct or indirect effects on your customers.

• Courtney C.T. Horrigan, Partner, Reed Smith
• Jacqueline Quintal, Managing Director, Financial Institutions and Digital Asset Industry Leader, Marsh
• Moderator: Karen S. Meck, Senior Vice President, Director Corporate Insurance and Procurement Oversight, Corporate Services, Santander

12:00 PM - 2:00 PM

Lunch on Your Own: Time Allotted to Meet With Corporate Partners
We know how important it is for you to be able to have one-on-one meetings with your underwriters and brokers. We have allotted these designated times for individual meetings.

2:00 PM - 2:50 PM

Learning Lab

2:50 PM - 3:00 PM

Break Sponsored by Starr Indemnity

3:00 PM - 3:45 PM

Corporate Partners Leadership Panel Part 1

This year’s Corporate Partners Leadership Panel will feature two sessions: one on Monday and Tuesday, both at 3:00 PM.

3:45 PM - 4:15 PM

Cocktails and Conversations Sponsored by Inigo Limited

4:15 PM - 5:00 PM

Time Allotted to Meet With Corporate Partners
We know how important it is for you to be able to have one-on-one meetings with your underwriters and brokers. We have allotted these designated times for individual meetings.

5:00 PM - 6:30 PM

Yacht Rock
Sponsored by AON, EPIC, Marsh, Gallagher and WTW

(All are welcome)

Come rock out while looking at yachts! We’ll see you at the Marina Courtyard, with its breathtaking views of the water. Enjoy fresh seafood and a live band playing yacht rock, harking back to the days of Hall & Oates, Toto and the Doobie Brothers, to set the mood. Participate in interactive stations that will stick with you even after you leave IRM Forum.

7:30 AM - 4:00 PM

Registration Open

7:00 AM - 8:00 AM

Time Allotted to Meet With Corporate Partners
We know how important it is for you to be able to have one-on-one meetings with your underwriters and brokers. We have allotted these designated times for individual meetings.

7:30 AM - 8:00 AM

Continental Breakfast
Sponsored by Allianz

8:00 AM - 8:50 AM

General Session

Navigating the Future: Understanding AI Risk Implications in Business and Society

John Bremen is WTW’s Chief Strategy, Innovation and Acceleration Officer. As a C-suite and board advisor, author and lecturer, and regular contributor to Forbes, he is frequently cited in global media such as the Wall Street Journal, CNBC, Bloomberg TV and CNN. He will share his insights on how AI is reshaping the way banks should strategize to fuel their bottom lines.

• John Bremen, Managing Director, WTW

8:50 AM - 9:00 AM

Break Sponsored by Canopius

9:00 AM - 10:00 AM

General Session

Stories From the Front Lines of Cyber Investigations

Regulatory bodies like the SEC and DOJ have made clear that they plan to hold people accountable for cyber risk management. Join us for a candid conversation — featuring the regulator perspective — around best practices in regulatory compliance after a data breach. With no shortage of emerging regulations, you’ll find out what to expect if a regulator comes calling.

• John Farley, Managing Director, Cyber Practice Leader, Gallagher
• Kim McLaughlin, Product CUO, Financial Lines Directors and Officers, AIG

10:00 AM - 10:15 AM

Break Sponsored by Westfield Specialty Insurance

10:15 AM - 11:00 AM

General Session

Climate-Conscious Capital: Best Practices for Disclosures and Beyond

This session will offer a deep dive into the difficult decision-making process banks are facing regarding climate disclosures. The panel will touch on the NetZero Banking Alliance, the status of new SEC disclosure regulations finalized in 2024, and issues relevant to international exposures. D&O insurance is expected to take center stage as shareholders and the plaintiffs’ bar analyze climate disclosures for adequacy and materiality.

• Alison W. MacLaren, Esq., Financial Institutions Product Officer, Zurich North America
• Jacob Hupart, Member, Mintz
• Moderator: Aaron M. Seiter, ARM, Senior Vice President, Corporate Insurance Executive, The PNC Financial Services Group, Inc.

11:00 AM - 11:10 AM

Break Sponsored by Great American Insurance

11:10 AM - 11:40 AM

General Session

AI and Insurability

Next-Gen AI is a tool that businesses of all sizes are being told they cannot afford to not use.  But how it is used and the liability that can come from its use remains legally unclear. Whether your insurance policies will respond to claims and potential liability is an immediate concern.  This panel will cover some of the policyholder arguments for coverage, as well as the responses from insurance companies.

11:40 AM - 12:25 PM

General Session

Why Bermuda?

Bermuda has traditionally focused on low-frequency, high-severity risks, offering a comprehensive suite of financial lines coverages and a strong claims handling reputation. The regulatory environment in Bermuda promotes innovation and flexibility, allowing for the coverage of terms not suitable in the U.S., and providing a positive complement to North American and London platforms. Join us for a lively discussion about the Bermuda market from the perspectives of three leading Bermuda underwriters.

• Sandra Soares, Managing Director – Head of Bermuda Professional Liability, Markel
• Sarah Spurling, Senior Vice President – Head of Financial Lines, Bermuda, Sompo International, North America
• Stephen Jones, Senior Vice President, Chubb
• Moderator: Andrew B. Weisman, ARM, CPCU, Managing Director, Morgan Stanley, Risk and Insurance Management 

12:25 PM - 2:00 PM

Lunch On Your Own: Time Allotted to Meet With Corporate Partners
We know how important it is for you to be able to have one-on-one meetings with your underwriters and brokers. We have allotted these designated times for individual meetings.

2:00 PM - 2:45 PM

Learning Lab

Credit Insurance Solutions for Increased Lending and Optimizing Capital

With bank balance sheets facing growing headwinds — including the looming prospect of increased capital requirements — banks seek to expand the tools in their portfolio management toolkits to continue serving client needs in the face of these pressures. Credit insurance is one tool that removes the non-payment risk of borrowers and helps banks manage internal limit constraints because of concentrations on obligors, countries, sectors and industries by freeing up limits. It is also being employed by banks to achieve capital relief in many jurisdictions outside the U.S., and there could be a path forward depending on the final Basel rules in the U.S.

• Azi Larsen, Managing Director, Marsh
• Joe Glover, Underwriting Manager, Credit and Political Risk Insurance, Chubb

2:45 PM - 3:00 PM

Break
Sponsored by Berkshire

3:00 PM - 3:45 PM

Corporate Partners Leadership Panel Part 2

This year’s Corporate Partners Leadership Panel will feature two sessions: one on Monday and Tuesday, both at 3:00 PM.

• Tom Neufeld, Head of Financial Institutions, Financial Lines, AIG

3:45 PM - 4:15 PM

Cocktails and Conversations
Sponsored by CAC Specialty

4:15 PM - 9:00 PM

Time Allotted to Meet With Corporate Partners
We know how important it is for you to be able to have one-on-one meetings with your underwriters and brokers. We have allotted these designated times for individual meetings.

9:00 PM - 10:00 PM

Bermuda Markets Brew Pub and Dueling Pianos 

(All are welcome)

For a great last night in San Diego, join us for an event like no other! Dueling pianos is a lively and interactive musical performance style where two pianists play off each other. Typically, each pianist takes turns playing popular songs — and often compete for the audience's attention, showcasing their skills through improvisation, clever arrangements and playful rivalry. The format creates an engaging experience where everyone can sing along, clap and enjoy the energy of live music. A great time is guaranteed!

7:30 AM - 11:00 AM

Registration Open

7:00 AM - 8:30 AM

Time Allotted to Meet With Corporate Partners
We know how important it is for you to be able to have one-on-one meetings with your underwriters and brokers. We have allotted these designated times for individual meetings.

7:30 AM - 8:30 AM

Continental Breakfast
Sponsored by Aspen London

8:30 AM - 9:15 AM

General Session

The Resurgence of Cryptocurrency and Impact of Grayscale Decision on Risk and Insurance  

Are we on the cusp of a revolution that will transform financial markets as we know it? Cryptocurrency may now be used in exchange-traded-funds, a more mainstream kind of financial product. Plus, will FTX customers be made whole — with interest? From ETFs to SBF: The bigger and more mainstream the market for crypto becomes, the greater the risk. Hear about the crypto comeback and its effect on risk and insurance.

• Kelly Geary, Managing Principal, National Practice Leader Professional, Executive and Cyber Solutions, Insurance Capital Solutions Group, EPIC

9:15 AM - 9:30 AM

Break
Sponsored by Liberty Mutual

9:30 AM - 10:15 AM

Learning Lab

Calibrating Wildfire Risk to Structures: Technology Solutions That Work

Insurance hard markets are directly attributable to rapid increases in risk profile that drive premiums skyward. Traditional insurance risk measurement tools are actuarially based, meaning they measure frequency and severity of past events like storms or floods and try to make future predictions based on the results. Wildfire damage is extremely resilient to these traditional measurements. Instead, fire technology companies have created complex combustion models that create a structure-specific fire profile score, with detailed directions on how best to reduce that score. Learn how to accurately measure the wildfire risk of properties in your mortgage portfolio and the evolution of risk technologies as insurance management tools.

• J. Kevin A. McKechnie, Executive Director and Founder, ABA Health Savings Account Council, Senior Vice President and Director, ABA Office of Insurance Advocacy

10:15 AM - 11:00 AM

General Session

11:00 AM - 11:15 AM

Chair’s Closing Remarks

11:00 AM - 1:00 PM

Peer Exchange Luncheon

Join us with your peers to discuss top-of-mind topics and lessons learned from the week.