Archive (2024 August)

REINSURANCE ACCOUNTING FOR UNDERWRITERS & BROKERS * – AUGUST 6

U.S. Insurance and Reinsurance accounting is unique to the industry. In this session, Shaya Altschuller, CPA, Arch Re’s Corporate Controller, will provide a High-Level Annual Statement orientation and analytics and an explanation of the mechanics of insurance/reinsurance accounting including how and why Statutory Accounting Principles (SAP) – the Annual Statement- varies from Generally Accepted Accounting Principles (GAAP).  The differences between facultative and treaty accounting and how proportional and non-proportional business is accounted for will also be addressed.

Guest Speaker
Shaya Altschuller, CPA
Corporate Controller
Arch Reinsurance Company
Biography

Registration Fees:
Members: IRUA Corporate Member Professionals – $80
IRUA Individual Members: (Not Associated with an IRUA Member Company) – $80
Non-IRUA Members: – $110

 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

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. If you are unsure if your company is an IRUA member, please see the “crawler” on our website homepage that features all IRUA member companies.

For any registration issues, please contact Maria Sclafani at mcs@irua.org.

Our 2022 Calendar of Events is current underway.  Click Here to download a copy of the IRUA Preliminary Events Schedule and, check back often to be updated on event dates.

THE FUNDAMENTALS OF REPRESENTATIONS & WARRANTIES INSURANCE
October 7, 2020      11.00 a.m to 12.15 p.m. ♦ Powered by Zoom

Representations & Warranties insurance is a complex solution for a complex situation. There has been a significant emerging trend in the increased utilization of M&A Reps & Warranties Insurance in corporate M&A transactions of privately held companies.  Both strategic acquirers and private equity buyers have become increasingly comfortable using this insurance product as it provides meaningful benefits to both buyers and sellers.

Hear from Nick DeMartini, Senior VP, Professional Lines  of Partner Re and the North American portfolio manager for Transactional Liability. He will provide a comprehensive overview of the product line including its benefits; scope of coverage and exclusions; and other key areas. Also covered will be the underwriting process; how R&W differs from other insurances; claims issues including the unique aspects of how claims are handled and damages are assessed.   Bringing you right up to date, Mr. DeMartini will discuss the current marketplace, including implications of the COVID-19 pandemic and some of the segment’s challenges from a global reinsurance perspective.

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.

THE U.S. AND WORLD REINSURANCE MARKETS* WEBINAR

TUESDAY, OCTOBER 3, 2023
12:00 – 1:00 pm (EST) – Presented Via Zoom

Presented By
Jeff Sorrels
Managing Director
BMS Re

Jeff Sorrels, will be present what is happening with the world’s reinsurance markets as well as current issues including how markets in London, Bermuda, Europe, Asia and the USA relate to each other.

Jeff Sorrels, a Managing Director with BMS Re, has 20 years of experience as a reinsurance intermediary. He has held various roles within the industry and currently focuses on strategy, teaming, business development and efficiencies for BMS Re. He has a passion for helping his clients and colleagues achieve and exceed their goals.

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.

Registration Fees:
Members: IRUA Corporate Member Professionals – $80
IRUA Individual Members: (Not Associated with an IRUA Member Company) – $80
Non-IRUA Members: – $110

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. If you are unsure if your company is an IRUA member, please see the “crawler” on our website homepage that features all IRUA member companies.

For any registration issues, please contact Maria Sclafani at mcs@irua.org.

CALIFORNIA PROPERTY – TURMOIL OR OPPORTUNITY? WEBINAR
WEDNESDAY, OCTOBER 2

Kevin Stein, CEO and Co-Founder of Delos Insurance will reprise his excellent 2024 Conference session. Using patented AI wildfire risk models Delos, a California based MGA, is able to offer coverage to millions of low-risk homes that the industry had mis-categorized as high risk.

Kevin Stein Biography

Registration Fees:
Members: IRUA Corporate Member Professionals – $80
IRUA Individual Members: (Not Associated with an IRUA Member Company) – $80
Non-IRUA Members: – $110

 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

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. If you are unsure if your company is an IRUA member, please see the “crawler” on our website homepage that features all IRUA member companies.

For any registration issues, please contact Maria Sclafani at mcs@irua.org.

ACTUARIAL PRINCIPLES FOR THE NON-ACTUARY
October 19, 2021 ♦ 12:00 – 1:00 pm Eastern Time (US & Canada)

Please join us  for IRUA’s latest webinar “Actuarial Principles for the Non-Actuary”.  This session is designed not only for the junior underwriter, broker and other (re)insurance professional, but also for the more experienced professional who is looking to increase their knowledge of basic and intermediate actuarial principles.  We will go through the rating process from start to finish and show attendees what trends to look for in the analysis to better price and underwrite your risks.

Be better prepared for discussions with your actuarial colleagues!  Looking forward to seeing you (remotely) there.

Our presenter, Michael Schummer, is a Casualty Underwriting Manager and hold the position of Senior Vice President & Casualty Treaty Team Leader at Munich Re in Princeton, N.J.

Mr. Schummer holds the professional designations of ACAS, MAAA and was born and raised in  Philadelphia. He graduated from Temple University’s Actuarial program in 1991.  He worked at several large national writers in an actuarial capacity, supporting pricing and operations in the field.  After a short stint in Northern California, he moved to American Re (now Munich Re) in Princeton, still in an Actuarial capacity.  Michael moved to underwriting in 2002 and currently has the role of Senior Vice President and a Casualty Team Lead in the Treaty area.

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.

CASUALTY UNDERWRITING FOR NON-CASUALTY PROFESSIONALS* WEBINAR

Tuesday, October 15, 2024
12:00 – 1:00 pm (EST) – Presented Via Zoom

Guest Speaker
James Wilson
Senior Vice President – Senior Underwriter
Partner Re US

 Speaker Biography

This Basic Syllabus webinar will present the underwriting process of casualty exposures to those who are new or relatively new to casualty underwriting. Non-underwriters will also benefit from this session.  Mr. Wilson will once again cover the basic aspects of non-professional casualty lines; the submission requirements; underwriting process and timeline.

Registration Fees:
Members: IRUA Corporate Member Professionals – $85
IRUA Individual Members: (Not Associated with an IRUA Member Company) – $85
Non-IRUA Members: – $115

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

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. If you are unsure if your company is an IRUA member, please see the “crawler” on our website homepage that features all IRUA member companies.

For any registration issues, please contact Maria Sclafani at mcs@irua.org.

CASUALTY UNDERWRITING FOR NON-CASUALTY PROFESSIONALS*
OCTOBER 13, 2022 ♦ 12:00 – 1:00 pm (EST)
Presented Via Zoom

This webinar is intended to present the underwriting process of Casualty exposures to those who are new or relatively new to casualty underwriting as well as other reinsurance participants.  This would include those in accounting and finance, claims and even Property Underwriters. Our presenter, James Wilson, will cover the basic aspects of the non-professional casualty lines, the submission requirements, and the underwriting process and timeline from the reinsurance perspective.  Mr. Wilson is Senior Vice President – Senior Underwriter, Casualty at Partner Re US in Stamford, CT, and has many years of valuable experience to share.

Guest Speaker
James Wilson, Senior Vice President/Senior Underwriter, Casualty
Partner Re US

This session is part of our “Reinsurance Basic Syllabus Series” program, forming part of a “Reinsurance Basic Syllabus”.  This initiative brings a series of 12 topics together for those professionals who have recently joined the industry or who have just a few years of experience.  It is intended to be a “Reinsurance Primer Series” of basic topics and which will be offered on a rolling two-year cycle.  A Certificate will be issued to participants who complete 10 of the 12 topics. 

Registration Fees:
Members: IRUA corporate & Individual members – $75
Members must log in to receive the discounted rate.
Non-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.

IRUA REINSURANCE CLAIMS AUDITS* Webinar

Wednesday, November 6, 2024
12:00 – 1:00 pm (EST) – Presented Via Zoom

Guest Speaker
Frank DeMento, Esq.
Trans Re

Our classic Reinsurance Audits session will again focus on practical and useful insights on how and why to perform thorough claims audits from a Reinsurer’s perspective. Frank DeMento, Esq. of Trans Re is an experienced industry professional for whom auditing is a significant part of his work and he will provide an up-to-the-minute expose of current practices, strategies, and value added input.

Registration Fees:
Members: IRUA Corporate Member Professionals – $85
IRUA Individual Members: (Not Associated with an IRUA Member Company) – $85
Non-IRUA Members: – $115

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

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. If you are unsure if your company is an IRUA member, please see the “crawler” on our website homepage that features all IRUA member companies.

For any registration issues, please contact Maria Sclafani at mcs@irua.org.

RINSURANCE NETWORKING GROUP LUNCHEON

Everything You Wanted to Know About How Arbitrators Are Selected
But Were Afraid to Ask

Date: Tuesday, November 5, 2019 – 12 Noon to 2 pm

Location
Meet in Place Midtown
675 3rd Avenue, New York, NY  10017

Presenters
Teresa Snider – Partner, Porter Wright Morris & Arthur LLP
Teresa Snider is a partner at Porter Wright Morris & Arthur LLP. She concentrates her practice in insurance and reinsurance arbitration, litigation, and related insolvency issues and is Co-Chair of the firm’s Reinsurance Litigation and Arbitration Practice Group.  She joined Butler Rubin in 1994 after a clerkship with Hon. Harry D. Leinenweber, U.S. District Court, Northern District of Illinois. Butler Rubin merged with Porter Wright Morris & Arthur LLP in February 2019. 

Teresa co-chairs Porter Wright’s annual Women in Reinsurance program and she co-chairs the Quarterly Editorial Board of ARIAS-U.S.

Catherine Isely – Partner, Porter Wright Morris & Arthur LLP
Catherine Isely litigates complex commercial disputes on behalf of local, national and global businesses, including insurers and reinsurers. She represents parties in sophisticated commercial contracts and relationships, where high-stakes disputes regularly require a multifaceted legal strategy across court and arbitral forums. In addition to appearing as trial counsel in courts nationwide, Catherine regularly represents clients at complex, multi-stage mediations, in high-stakes, commercial arbitrations and in related court challenges as to arbitrability, panel constitution or award confirmation.

Catherine co-founded Butler Rubin’s annual Women in Reinsurance Program, and now co-chairs Porter Wright’s annual Women in Reinsurance program.

As always, please click on our Schedule of events either in our posts under the news section on the home page or under the Events Tab on the navigation bar to see what events are coming up.

Registration Fee:  $55 per person
No username or password is required to register for this event.