Transaction Insurance Insights Conf @ Home Virtual Series: Day 1

About this Event

WEDNESDAY, JANUARY 27 @ 11AM ET

11:00am-11:05am Opening Remarks by Stacie Lilien, Global Head of Event Programming, Advisen

11:05am-11:50am “2020 A Year Like No Other”

For the transaction insurance market, 2020 brought a confluence of events – the COVID-19 pandemic rapidly shifted the way we do business, transforming face-to-face interactions into video conference calls. The pandemic also produced a brief dip in deal flow, but mergers and acquisitions seem to be picking up pace again. The global insurance and reinsurance market has hardened and transaction coverage is maturing as a product. Capacity has increased, and insurers are getting more rate, but is there enough focus on limit management? One year ago, capital looking for M&A opportunities hit an all-time high — during 2020, has the market unfolded as expected? Is coverage evolving and are challenging times flexing the boundaries of what the product is meant to cover? What does 2021 look like and what’s on the horizon for this expanding insurance market?

• Randy Hein, President, Berkley Transactional [Moderator]
• Allyson Coyne, Managing Director & Senior Broking Officer, M&A and Transaction Solutions, Aon
• Markus P. Bolsinger, Partner, Dechert LLP
• Jay Rittberg, Managing Principal, Euclid Transactional, LLC
• Rainer Schadel, Senior Underwriter, Munich Re

11:50am-11:58am Shop Talk Sponsored by Concord Specialty Risks

Will Standard Representations & Required Thresholds of Professional & Operational Diligence Be The New Standard for RWI in 2021?

As losses mount for insurers and reinsurers, the question of confronting the M&A bar is whether and how long RWI is sustainable under current M&A practices. Many insurers are now tailoring representations and increasing pricing - as reinsurance renewals get negotiated. This Shop Talk discussion starts where the prior discussion ends and highlights the key factors that may realign buyers, sellers, and insurers.

• David S. De Berry, Esq., CEO, Concord Specialty Risk
• Ben Newton, Actuarial Director, Concord Specialty Risk

11:58am-12:06pm Shop Talk Sponsored by QBE

Representations and Warranties Insurance: it's all about claims

In today's fast-paced world, buyers and sellers are looking to protect their interests when closing deals. In this interview, QBE will explore current trends and the claims process. They will showcase how they are differentiating themselves with expertise and services - looking at best practices for combining claims service with a personal touch.

• Toria Lessman, Senior Vice President, Underwriting Leader, QBE
• Dana Shafer, Assistant Vice President, QBE

12:06pm-12:36pm Lucheon Interview Sponsored by DUAL

In this luncheon interview, DUAL's global transaction insurance leaders provide a 360 perspective on the Transactions Insurance space from the lens of the customer, underwriter, and advisor, with customers sharing what really matters on their side of the deal and DUAL's international transaction insurance professionals sharing their thoughts on the global transactions insurance market, cross-border considerations, and expectations in 2021.

• Justin Ansell, Head of M&A, DUAL M&A Europe/UK
• Brett Burgan, CPA/CFF, CIRA, Partner of Transaction and Litigation Services, Daszkal Bolton, LLP
• Andrew Hillier, Executive Chairman, DUAL Asset
• David Howden, CEO, Howden Group Holdings
• Dennis Kearns, Managing Principal, DUAL Transactional Risk
• Kelly Lines, Head of Technical Underwriting, DUAL Asset
• Monica Olis, VP Risk Management, iHeartMedia
• Joanne Yuan, Co-Head of the Investment Team, Turn/River Capital