Kathy Barker and Steve Ryland will lead the group through the basics and beyond, considerng commutations from both the cedent and reinsurer perspectives, the unique challenges faced by runoff versus active markets, including the role of relationships and approaches in defining the commutation scope.Katherine Barker, President, Pro IS, Inc. Steve Ryland, Executive Director, Pro Insurance Solutions
10:00 am - 10:15 am - Break
10:15 am - 11:15 am - Working with Commutation Clauses & Agreements
In this segment, Chris Reichow and Andy Noga will address common casualty/property
contract commutation clauses. Constructing commutation agreements and trends in contract
wording will be a focus.Christopher W. Reichow, Vice President, Pro IS, Inc. Andrew L. Noga, Executive Vice President/General Counsel, Legal and Underwriting Operations,
Endurance Worldwide Insurance
11:15 am - 12:15 pm - IBNR: The Evaluation Process
Understanding and responding to the actuarial work product is key to the reserve
evaluation and commutation process. Jason Russ and Tom Ryan will discuss making the
best use of these valuable IBNR tools.Jason Russ, Principal and Consulting Actuary, Milliman, Inc. Tom Ryan, Principal and Consulting Actuary, Milliman, Inc.
12:15 pm - 1:15 pm - Lunch
1:15 pm - 3:30 pm - Mock Commutation Negotiation
During this segment a panel of commutation experts, including Mindy Kipness, George
Mitchell and Marcus Doran, will work through a mock negotiation.Marcus Doran, Director Commutations, Horizon Management Group Mindy Kipness, Senior Vice President, Chartis George Mitchell, Vice President, Chartis
3:30 pm - Adjournment
Please note the following:
Registrations will be accepted on a first come first served basis. Limited to 150 attendees.
Your registration includes class materials, refreshment breaks & lunch.
Registrations will not be processed without payment.
Registration confirmation will be e-mailed directly to you providing your registration is received before October 28, 2009.
Cancellation Policy: A 50% refund will be issued on written requests received no later than 5:00 pm on October 28, 2009.
Dress for this event is business casual.
Checks are to be made payable to IRU, Inc.
Conference/Seminar Sponsorship Opportunities:
The price of sponsorships are dependent on the type of sponsorship you select and the benefits
you desire. We will work with your budget to determine the sponsorship option that best suits
your needs. All inquiries should be directed to Amy Barra, Executive Director at
(908) 203-0211 or via email at abarra@irua.com.