Archive (2021 January)

IRUA’s FIRST WEBINAR EVENT OF 2021!

A WALL STREET VIEW OF THE INSURANCE & REINSURANCE INDUSTRY
January 26, 2021  ♦   4:00 pm – 5:00 pm

Presented By
Seth Bair
Managing Director & Co-Head of Insurance & Asset Management Investment Banking
Keefe, Bruyette & Woodsw, a Stifel Company

After a break in 2020, we are delighted that we are again able to present this extremely popular session. Mr. Bair will be presenting KBW’s view on the Insurance/Reinsurance industry.  Always insightful and timely, this will be even more so in light of another year of significant claims activity and uncertainly regarding COVID -19 coverage and liabilities as well as substantial M&A activity and a high level of  natural catastrophes around the globe.  We look forward to hearing his analysis and views and the potential effects on, and prospects for, the publicly traded insurance and reinsurance market.

Seth Bair is a Managing Director and Co-Head of Insurance and Asset Management Investment Banking of Keefe, Bruyette & Woods. Mr. Bair joined KBW in 1998 and is Co-Head of the firm’s U.S.-based insurance investment banking practice. He is responsible for M&A, public and private capital raisings, mutual conversions and other investment banking services for the insurance industry.

Previously, he was an Analyst in the financial services group of Alex. Brown & Sons, covering insurance companies, depositories and REITs. He received a BA in political economy from Williams College and an MBA from the Wharton School at the University of Pennsylvania.

https://www.kbw.com/about-us/our-team/investment-banking/seth-bair/

This webinar, powered by Zoom is open to all and registration is our customary $75 for IRUA members and their employees and $95 per person for non- members.

In addition, this program can be submitted for review to the Institutes/CPCU – Risk and Insurance Management for CPCU credit.

Registration Open
Registration Fee:  IRUA Individual and Member Company personnel  – $75.00
Non-Members – $95.00

Please Note: Before registering and if you are not sure if your company is an IRUA member, please see the “crawler” on our homepage that features all IRUA member companies.

A NOTE WHEN REGISTERING:
Registration For Members: The non-member rate is set as the default rate. You must be logged in as a member in order to receive the member rate.

First Time Registrants: If you are registering for an event for the first time and are from a member company, please email Jerry Wallis: jwallis@irua.org or Maria Sclafani: mcs@irua.org to be set up as a member so that you can log in and receive the member rate. Once logged in, the system will identify you as being from a member company and the non-member rate will automatically change to the member rate.

A WALL STREET VIEW OF THE INSURANCE/REINSURANCE INDUSTRY
January 26, 2022 ♦ 12:00 – 1:00 pm (EST) ♦ Presented Via Zoom

Presented By

SETH BAIR
Managing Director
Head of Insurance & Asset Management Investment Banking
Keefe, Bruyette & Woods, a Stifel Company

It’s the New Year so time again for this extremely popular session and IRUA’s first session for 2022.  Mr. Bair will be presenting KBW’s view on the Insurance/ Reinsurance industry.  Always insightful and timely, and following an extremely active 2021 both loss and M&A wise, not to mention the disruption and continuing uncertainty regarding COVID -19 and its variants.

We all look forward to hearing his analysis and views and the potential effects on, and prospects for, the publicly traded insurance and reinsurance market.

Seth Bair is a Managing Director and Head of Insurance and Asset Management Investment Banking of Keefe, Bruyette & Woods. Mr. Bair joined KBW in 1998 and in the last year was appointed sole Head of the firm’s U.S.-based insurance investment banking practice. He is responsible for M&A, public and private capital raisings, mutual conversions and other investment banking services for the insurance industry.

Previously, Mr. Bair was an Analyst in the financial services group of Alex, Brown & Sons, covering insurance companies, depositories and REITs. He received a BA in political economy from Williams College and an MBA from the Wharton School at the University of Pennsylvania.

See: https://kbw.com/about-us/our-team/investment-banking/seth-bair/

Registration Fees:
Members: IRUA corporate member professionals – $75
IRUA Individual Members: (not associated with an IRUA member company)- $75
Non-IRUA members – $95

Please Note: Before registering and if you are not sure if your company is an IRUA member, please see the “crawler” on our homepage that features all IRUA member companies.

A NOTE WHEN REGISTERING:
Registration For Members: The non-member rate is set as the default rate. You must be logged in as a member in order to receive the member rate.

First Time Registrants: If you are registering for an event for the first time and are from a member company, please email Jerry Wallis: jwallis@irua.org or Maria Sclafani: mcs@irua.org to be set up as a member so that you can log in and receive the member rate. Once logged in, the system will identify you as being from a member company and the non-member rate will automatically change to the member rate.

Presenting IRUA’S First Webinar of 2023!

WALL STREET VIEW OF THE INSURANCE/REINSURANCE INDUSTRY

FRIDAY, JANUARY 6, 2023
12:00 – 1:00 pm (EST US & Canada) – Presented Via Zoom

Guest Speaker
Seth Bair
Managing Director – Head of Insurance & Asset Management Investment Banking
Keefe, Bruyette & Woods, a Stifel Company

It’s the New Year so time again for this extremely popular, and the first, IRUA 2023 session! Mr. Bair will be presenting KBW’s view on the Insurance/Reinsurance industry. Always insightful and timely, and following an extremely active 2022 both in loss and M&A activity. We all look forward to hearing his analysis and views and the potential effects on, and prospects for, the publicly traded insurance and reinsurance market. Will there be a “Class of 23”; what are the prospects for Cat Bonds and the ILS and Alternative Capital markets? These and other topics will be discussed and reviewed.

Seth Bair is a Managing Director and Head of Insurance and Asset Management Investment Banking at Keefe, Bruyette & Woods. Mr. Bair joined KBW in 1998 and, in 2020, was appointed sole Head of the firm’s U.S.-based insurance investment banking practice. He is responsible for M&A, public and private capital raisings, mutual conversions and other investment banking services for the insurance industry.

Previously, he was an Analyst in the financial services group of Alex, Brown & Sons, covering insurance companies, depositories and REITs. He received a BA in political economy from Williams College and an MBA from the Wharton School at the University of Pennsylvania.

Registration Fees
Members: IRUA Corporate Member – $75
IRUA Individual Members: (Not Associated with an IRUA Member Company) $75
Non-IRUA Members – $95

To Register
Visit the IRUA Homepage Website at: www.irua.org or Click Here

Note: Connection details will be emailed the day prior to the meeting to all registered attendees. The Sharing of connection information/links and/or presentations from IRUA webinars is strictly prohibited.

A Note When Registering:
Registration for Members:  The non-member rate is set as the default rate.  You must be logged in as a member in order to receive the member rate.

Note: Before registering and if you are not sure if your company is an IRUA member, please see the “crawler” on our homepage that features all IRUA member companies.

IRUA’s 2019 FIRST EVENT

TUESDAY, JANUARY 8, 2019
LUNCH & LEARN
12:00 pm – 2:00 pm

Luncheon Speaker
PETER HOUSTON
Vice President, Insurance Investment Banking Group
Keefe, Bruyette & Woods

who will present
A WALL STREET VIEW OF THE INSURANCE & REINSURANCE INDUSTRY

Being Held at the Offices of Mayer Brown LLP
1221 Avenue of the Americas
New York, NY 10019  (between 48th & 49th streets)

After a capacity audience last January, Mr. Houston will be presenting KBW’s view on the Insurance/Reinsurance industry.  Always insightful and timely, this will be even more so in light of another year of significant M&A activity and severe natural catastrophes around the globe.  We look forward to hearing his analysis and views and the potential effects on, and prospects for, the publicly traded insurance and reinsurance market.

Peter Houston is a Vice President in the Insurance Investment Banking group of Keefe, Bruyette & Woods. Mr. Houston is responsible for advising insurance companies and insurance services companies on a range of corporate finance transactions, including mergers & acquisitions, public and private capital raising, affiliations, divestures, and bankruptcy/restructuring.

Mr. Houston has worked on many of the firm’s transactions involving mutual insurance companies and specialty property-casualty insurance companies. Mr. Houston joined KBW’s Insurance Investment Banking group upon graduating from Williams College.

This meeting is open to all and registration is $95 per person for an excellent buffet lunch and the opportunity to hear from a leading investment banker specializing in our industry.

Our thanks are due to the Mayer Brown firm for donating the use of their excellent facilities for this program.

In addition, this program can be submitted for review to the Institutes®CPCU – Risk and Insurance Management for CPCU credit.

Registration Open
Registration Fee:  Member – $95.00
Non-Member – $95.00

LUNCH & LEARN: ALL ABOUT REPUTATION RISK EXPOSURES (On-Site Registration)

January 8, 2020 – Mayer Brown, NYC

“In a market system based on trust, reputation has a significant economic value” noted former Federal Reserve Chairman Alan Greenspan in 2008.  Using that framework, Reputation Value is therefore the accumulated economic benefits of stakeholders’ expectations, and Reputation Risk is the peril of economic harm from stakeholders’ disappointment and anger amplified by social media.

To address these risks, parametric risk transfer solutions, quantification of reputation value and volatility was necessary to be build from scratch.  Today, we have about 18 years of data comprising synthetic measures of reputational value informed by behavioral economics.  Hundreds of captive insurance companies and insurers led by Tokio Marine Kiln use Steel City Re metrics as the basis of underwriting.

Peter Gerken, a Co-Founder of Steel City Re, a Managing General Agency, will discuss all the elements of reputation as well as the marketplace at this time on the buy and sell side.  Further, he will outline the opportunity for attendees to consider addressing intangible asset risks and being part of this expanding marketplace.

Speaker Bio
Peter J. Gerken, a certified property and casualty underwriter is our Senior Vice President, Risk Transfer Agency and Insurance. Mr. Gerken heads broker relations and client development, working with Brokers, Captive Managers, and Risk Managers. He jointly heads underwriting. A Vietnam veteran, Mr. Gerken has been in commercial insurance for some 40 years both on the underwriting as well as the broking sides of the business. Holding an MBA in Management, he has specialized in Intellectual Property, and Intangible Assets including reputation for many years. Mr. Gerken formerly headed the Intellectual Property practice at Marsh.

A NOTE WHEN REGISTERING:
Registration For Members: The non-member rate is set as the default rate.  You must be logged in as a member in order to receive the member rate.

First Time Registrants: If you are registering for an event for the first time and are from a member company, please email Jerry Wallis:  jwallis@irua.org or Maria Sclafani: mcs@irua.org to be set up as a member so that you can log in and receive the member rate.  Once logged in, the system will identify you as being from a member company and the non-member rate will automatically change to the member rate.

Registration For Non-Members: Please complete the registration form as it appears once you click on “To Register”.

Location:  Mayer Brown,1221 Avenue of the Americas, New York, NY 10020

Registration Fees:
Member:  $95
Non-Member: $115

LUNCH & LEARN: ALL ABOUT REPUTATION RISK EXPOSURES (Webinar Registration)

January 8, 2020 – Mayer Brown, NYC

“In a market system based on trust, reputation has a significant economic value” noted former Federal Reserve Chairman Alan Greenspan in 2008. Using that framework, Reputation Value is therefore the accumulated economic benefits of stakeholders’ expectations, and Reputation Risk is the peril of economic harm from stakeholders’ disappointment and anger amplified by social media.

To address these risks, parametric risk transfer solutions, quantification of reputation value and volatility was necessary to be built from scratch. Today we have about 18 years of data comprising synthetic measures of reputational value informed by behavioral economics. Hundreds of captive insurance companies, and insurers led by Tokio Marine Kiln use Steel City Re metrics as the basis of underwriting.

Peter Gerken, a Co-Founder of Steel City Re, a Managing General Agency, will discuss all the elements of reputation as well as the marketplace at this time on the buy and sell side. Further, he will outline the opportunity for participants to consider addressing intangible asset risks and being part of this expanding marketplace.

Speaker Bio
Peter J. Gerken, a certified property and casualty underwriter is our Senior Vice President, Risk Transfer Agency and Insurance. Mr. Gerken heads broker relations and client development, working with Brokers, Captive Managers, and Risk Managers. He jointly heads underwriting. A Vietnam veteran, Mr. Gerken has been in commercial insurance for some 40 years both on the underwriting as well as the broking sides of the business. Holding an MBA in Management, he has specialized in Intellectual Property, and Intangible Assets including reputation for many years. Mr. Gerken formerly headed the Intellectual Property practice at Marsh.

This program can be submitted for review to the Institutes®CPCU – Risk and Insurance Management for CPCU credit.

A NOTE WHEN REGISTERING:
Registration For Members: The non-member rate is set as the default rate.  You must be logged in as a member in order to receive the member rate.

First Time Registrants: If you are registering for an event for the first time and are from a member company, please email Jerry Wallis:  jwallis@irua.org or Maria Sclafani: mcs@irua.org to be set up as a member so that you can log in and receive the member rate.  Once logged in, the system will identify you as being from a member company and the non-member rate will automatically change to the member rate.

Registration For Non-Members: Please complete the registration form as it appears once you click on “To Register”.

Location:  Mayer Brown,1221 Avenue of the Americas, New York, NY 10020

Registration Fees:
Member:  $75
Non-Member: $95

REINSURANCE PROPERTY UNDERWRITING AUDITS *
July 1, 2021  ♦  12:00 pm – 1:30 pm  ♦ Powered via Zoom

Presenters:
Christiane Gross, Sr. VP & Property Underwriting Team Lead
Munich Reinsurance America, Inc.

John Ferris, President & CEO
JC Ferris Advisors, Inc.

This virtual seminar is geared to all levels of experience on conducting property underwriting audits of ceding companies.  They will cover such areas as audit goals, audit types and how to prepare for and conduct a property underwriting file.  This highly practical webinar will address what underwriting topics you should review, how you can differentiate by portfolio and client and, finally, how you can address your findings. Your two highly experienced presenters backgrounds are:

Ms. Gross is a Senior Vice President and Property Underwriting Team Lead at Munich Reinsurance America, Inc. in Princeton, NJ. Christiane started her career with Munich Re in Germany in 2002, first in Munich’s Industrial Clients division and later in Munich’s Global Clients/ North America division, holding various property facultative and treaty underwriting positions.

Christiane relocated to Munich Re America in 2014 to service Regional Clients in the United States as a Property Treaty Underwriter. In 2018 she became a Team Lead for Property Facultative and Reinsurance Program business. She holds a degree in international business from the Reutlingen University in Germany. She is a member of the APIW and serves on the Board of the IRUA. In November 2019 Christiane assumed the role of IRUA’s Corporate Treasurer, thus joining the Executive Committee.  In April 2021 she was elected to IRUA Vice President and will continue her role as Co-Chair of the IRUA Education Committee.

John C. Ferris is the President and CEO of JC FERRIS ADVISORS, Inc., an underwriting auditing and consulting firm serving the reinsurance community. John has 38 years of property underwriting and risk management experience in the insurance/reinsurance sectors. He started his career with Wausau Insurance Company as a property underwriting trainee in New York City, which laid the groundwork for his future professional endeavors.

From there, John grew his experience as a Senior Property Primary Underwriter at Commerce & Industry, as well the Senior Vice President and Division Manager with Gerling Global Reinsurance Corp. of America. Prior to founding his company, JC FERRIS ADVISORS, Inc. in 2017, John lent his professional experience in several capacities at Partner Reinsurance Company of the U.S. He worked as one of three property underwriting auditors, served as Vice President and Manager of the Risk Management/Catastrophe Modeling Function, and as a Vice President and Underwriter of the company’s National Accounts team.

After receiving his Bachelor of Business Administration from Iona College, John went on achieve a Masters in Business Administration at Fordham University. He also has CPCU, ARe, and ARM designations.

Registration Fees:
Members: IRUA corporate member professionals – $75
IRUA Individual Members: (not associated with an IRUA member company)- $75
Non-IRUA members – $95

Please Note: Before registering and if you are not sure if your company is an IRUA member, please see the “crawler” on our homepage that features all IRUA member companies.

A NOTE WHEN REGISTERING:
Registration For Members: The non-member rate is set as the default rate. You must be logged in as a member in order to receive the member rate.

First Time Registrants: If you are registering for an event for the first time and are from a member company, please email Jerry Wallis: jwallis@irua.org or Maria Sclafani: mcs@irua.org to be set up as a member so that you can log in and receive the member rate. Once logged in, the system will identify you as being from a member company and the non-member rate will automatically change to the member rate.

Program Agenda
Speaker Profiles

LUNCH & LEARN: A CASE STUDY IN HIGH EXPOSURE TRUCKING LOSS (On-Site Attendance)

Thursday, July 11, 2019

Seeing a severe liability claim from cradle to grave gave all attendees a whole new perspective as to what drives a claim’s value.   Stuart Miller of Wilson Elser gave an excellent case study of a high exposure trucking loss all the way through verdict.  The audience saw case strategy, mock trials, mock jury deliberations, real jury selection and trial issues and a post-mortem on the actual verdict.

Stuart Miller, a Partner in the prestigious law firm of Wilson Elser Moskowitz Edelman & Dicker, has presented this case study to varied audiences and we are pleased to have him now bring this study to the IRUA.

Stuart A. Miller Biography

This session is suitable for all practioners and can be submitted for review to the Institutes® CPCU – Risk and Insurance Management for CPCU credit.  This session will also qualify for CLE credit.

A NOTE WHEN REGISTERING:
The non-member rate is set as the default rate. If you are registering from a member company, you must log in to receive the member rate. Once logged in, the system will identify you as being from a member company and the non-member rate will automatically change to the member rate.

Location: Wilson Elser, 150 East 42nd Street, New York, NY  10007

Registration Fees:
Members: $95
Non-Members: $115