Getting it Right!

The 2005 AAIS Annual Conference

April 10-12 at the 
L'Auberge Resort & Spa, Del Mar, California


Crisis Leadership: 
Maintaining operations, 
communications, and morale

No company is immune from the possibility of a crisis that can ruin its operations or reputation, or both. Whether it's a personal scandal, regulatory sanction, violent act, or any of a host of possible situations, your future and that of your organization will depend on whether you are prepared to react, and how.

No one is better prepared to address crisis leadership than Steven B. Fink, president of Lexicon Communications, Los Angeles, and author of the seminal work on the subject, Crisis Management: Planning for the Inevitable

Steve earned his stripes as a member of the crisis management team of then-Pennsylvania Gov. Richard Thornburgh during the 1979 incident at Three Mile Island, the nation's worst commercial nuclear power accident. Since publishing his book in 1986, he has conducted training programs throughout the world. He is frequently quoted in major newspapers and periodicals, and featured as a crisis management commentator on network news programs.


Insurance Deregulation: 
How will regulatory reform
affect competition?

The property/casualty insurance industry may be experiencing its most profound regulatory restructuring since the McCarran-Ferguson Act was passed some 60 years ago. Proposals in Congress and the statehouses could phase out rate filings, allow "single-point" form filing, and strip away other regulatory requirements.

If all that happens, it won't be the first time a U.S. industry has undergone a process of deregulation, and the results haven't always been pleasant or predictable. Joan Lamm-Tennant, president of General Re Capital Consultants, will draw on lessons from other industries as she assesses the potential impact of insurance deregulation--and challenges some of the conventional wisdom.

Before joining Gen Re in 1997, Joan was a finance professor at Villanova University; she currently lectures at the Wharton Executive Education Institute at the University of Pennsylvania. Among her many roles, she is a director of IVANS, and a member of the National Bureau of Economic Research, The Brookings Institute, and the International Insurance Society.

Also addressing this topic will be Therese "Terri" Vaughan, former Iowa insurance commissioner and president of the National Association of Insurance Commissioners (NAIC), now a professor of insurance and actuarial science at Drake University. Her involvement with the NAIC included work on  regulatory modernization and the convergence of financial services. 

Terri was chairperson of Drake's insurance department before becoming commissioner, and she held academic positions at Baruch College of the City University of New York and Temple University. She also worked as a consultant for Tillinghast-Towers Perrin, the global actuarial firm. Terri has her doctorate from the Wharton School, and is the co-author of two college textbooks on insurance.


Strategic Underwriting: 
Positioning for success

Sound underwriting is the key to long-term success, and few organizations can provide as thorough and up-to-date analysis of property/casualty underwriting as the Tower Group, Needham, Mass.

Deborah Smallwood, the Tower Group's vice president for insurance, will present findings from the firm's extensive research project into underwriting for both personal and commercial lines. Before joining the Tower Group, Deborah was a partner at KPMG, where she launched an information technology consulting practice. Prior to that, she held a senior information technology position with Liberty Mutual, where she developed technology strategies for commercial lines and led large-scale applications development for sales, underwriting, rating and policy administration.


Predicting the Unpredictable:
Measuring and managing catastrophe exposures

Insurers have experienced unprecedented catastrophes over the past 15 years. In response, unprecedented methods have been developed to predict, price, and manage catastrophe losses.

Risk Management Solutions, Inc., Newark, Cal., pioneered the field of catastrophe modeling. Paul VanderMarck, RMS executive vice president for products, will be on hand to provide an assessment of how modeling has progressed and how it is being used in underwriting and pricing by insurers and reinsurers.

Since joining RMS in 1992, Paul has been involved in developing models, establishing international relationships, and supporting catastrophe risk securitizations. He holds degrees in structural and earthquake engineering from Stanford University.

General liability exposures are often overlooked in analyses of potential losses from acts of terrorism, but Los Angeles attorney Ron Robinson will provide an overview of the scope and potential severity of liability losses arising from terrorist acts. 

Ron, a founder partner of Berkes Crane Robinson & Seale, is chairman of a terrorism risk subcommittee of the Defense Research Institute's (DRI's) insurance law committee. He has more than 25 years experience as a trial and appellate attorney, and is a member of the Federation of Defense and Corporate Counsel. He has chaired the DRI's insurance law and excess and reinsurance committees, and was a co-founding editor of its quarterly newsletter, Covered Events

Global reinsurers are hard at work trying to understand climate cycles and their impact on insurance underwriting. Munich Re, parent company of American Re, is active in that effort, and Dr. Peter Höppe, head of Munich Re's geo-risk research and environmental management departments, will discuss how climate and earth science are being used to understand and price insurance risk.


Engaging Employees:
The factors that affect performance

“Engaged” employees outperform those that are less engaged, and are far more likely to remain with their employer. Those statements aren’t just platitudes, they are findings from a survey of more than 55,000 full-time workers done by Towers Perrin, the professional services firm specializing in human resources, reinsurance, and actuarial analysis.



Conference Registration
Social Events 
Schedule in Brief 
www.laubergedelmar.com 

Schedule in brief

 SUNDAY, APRIL 10
Sunday evening
  Opening reception
 MONDAY, APRIL 11
Monday morning
  Breakfast
  Keynote Address 
  Diane Koken

Monday afternoon
  AAIS Golf Outing

Monday evening
  Reception
 TUESDAY, APRIL 12
Tuesday morning
  Breakfast
  Catastrophe Exposures 
  Engaging Employees

Tuesday morning- 
  afternoon

  Spouse/Guest tour 
  of Seaport Village 
  and Coronado

Tuesday lunch 
  AAIS Annual Meeting
Tuesday afternoon
  Crisis Leadership

Tuesday evening
  Closing reception, 
  dinner, and dancing 
  at the Birch Aquarium


 

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