Agenda

 

Energy Insurance Amerias: Excellence in Claims

The Westin Galleria, Houston

(All times are in CST)

 

08.15-08.55

Registration and Coffee in the Pre-Function Area sponsored by

08.55-09.00

Welcome Address: Grant Attwell, Managing Director, Cannon Events 

09.00-09.20

Keynote Address: TBC

TBC

Presenter:

09.20-10.00

Panel Discussion: State of the Market – The Claims Picture

In this panel discussion, we analyze recent claims and the resulting impact on the profitability of insurers. We interrogate claims and look at emerging trends, asking why that should be and whether insurers and insureds should be working more closely to eliminate those risks. We also consider the looming shadow of AI and how this might affect the claims sector without dehuminizing and commoditizing the claims process.

Moderator:

Panelists: Trevor Nicol, Underwriter US Renewables, AXIS

Darren Askari, North American Claims Manager, Tokio Marine GX

10.00-10.20

Fireside Chat: Gaps Between Policy Language and Claims Practice

In this session, we discuss the gap that exists between policy wording and its interpretation by the time it reaches the claims stage. Too often, insurance disputes emerge from differing opinions on what was meant by the policy wording, so we explore where the most frequent issues arise, and what could be done to ease the problem.

Participants: Sunny Verma, Vice President, Operations Claims Manager, FM  Global

10.20-10.50

Coffee and Networking Break sponsored by

10.50-11.10

Fireside Chat: Refinery Fires – The World is on Fire

The last couple of years have seen a spate of fires at refineries across the world. In this session, we explore the history of one of these incidents and discuss how these fires are becoming a major headache for insurers, with claims costs circa US$100 million and rising. We also look at any contributory factors in these incidents.

Participants: Gerry Fahrenthold, Senior Vice President, Head of Energy US/Canada, SCOR

Eric Lallie, Senior Vice president Global Energy Services, Rimkus

11.10-11.30

Focus Session: Complex Claims – The Good, the Bad and the Ugly

The rise in nuclear verdicts in the US has caused many oil, gas, and energy providers to rethink their strategies in defending complex claims. Recent mock jury studies have been enlightening on how members of the public perceive the corporation, evaluate comparative fault, and subconsciously develop attitudes that guide their decision making. This session will identify the psychological factors driving juror decision making, and discuss how corporations can best prepare for litigation and trial.

Participants: Nick Rauch, Attorney, Larson King

Nick Polavin, Senior Jury Consultant, JuryConnect

11.30-12.10

Panel Discussion: How to Manage a Claim – The Risk Management View

Managing a claim is quite a skill. For risk managers, there are the right and wrong ways to do things, with huge financial consequences. In this session, we hear the right way to present a claim to maximize the chances of getting it settled promptly and in full.

Moderator: Stephanie Crochet, Senior Vice President, National Energy and Marine Practice Leader, IMA

Panelists: Reed Wykes, Director, Risk and Insurance Management, Hilcorp

Thornton Tomasetti TBC

12.10-13.00

Lunch and Networking Break sponsored by

13.00-13.40

Panel Discussion: Claims Costs Continue to Rise

In this session, we analyze typical claims reaching the market to see how the rising cost and delay in supply of materials are impacting the end claims. This is partly being fueled by the boom in data center construction. We ask whether insurers and their insureds are keeping up with the fast-changing environment.

Moderator: Fraser Mclachlan, Chairman, Tokio Marine GX

Panelists: Jonathan Sloan, US Energy Claims Lead, AXIS

Rod Rennison, Senior Vice President Global Energy Services, Rimkus

13.40-14.00

Fireside Chat: Business Interruption – Leaving Clients Under-Insured?

While many US energy companies are enjoying a boost to their profits courtesy of the Gulf conflict, there are some added costs, particularly when it comes to business interruption. Supply chains have been slowed down and, in this session, we take a deeper dive into the business interruption element to see if there is a risk that clients are being left under-insured.

Participants: Bobby Galindo, Senior Vice President, Natural Resources and Construction, Howden

14.00-14.20

Fireside Chat: Data Centers – Nothing Comes Easy

As demand for data centres accelerates worldwide, the risks associated with their construction have become increasingly complex. This session explores the evolving role of builders risk insurance in protecting these high-value, technically sophisticated projects from groundbreaking through to commissioning.

Participants: Marsh TBC

14.20-15.00

Panel Discussion: Whose Responsibility is it? Environmental Liability

After any incident, one of the first questions will always be around liability. In this session, we look at the recent claims history when it comes to environmental liability, and ask whether things have been improving.

Moderator: Briton Sparkman, Senior Counsel, Commercial, Phillips 66

Panelists: Marsh TBC

15.00-15.20

Presentation: Contractual Liability – It’s All in the Details

In thi session, we will focus on the the allocation of liability in energy projects from EPCs, OEMs, operators to insurers, while also considering the impact of contractual structures (indemnities, waivers of subrogation, hold harmless clauses) on claims outcomes.

 

Presenter: Mark Helmueller, National Energy and Marine Practice Contractual Risk Leader, Attorney, IMA

15.20-15.40

Coffee and Networking Break sponsored by

15.40-16.35

Roundtable Sessions

Each roundtable will run for 25 minutes. There will be a 5-minute break to allow delegates to change tables and the tables will then be repeated in a second 25-minute seating.

16.35-17.15

Panel Discussion: Local or Global? How Claims are Managed

In this panel discussion, we consider how claims are handled by different jurisdictions, focusing on the variations between a Lloyd’s entity and a US carrier in terms of claims evaluations, reserving and their use of law firms to adjust claims.

Moderator: Brad Nehring, Vice President, RB Jones

Panelists: Thornton Tomasetti TBC

Nick Coles, Managing Director Claims Advocacy – Major and Complex Loss, Howden

17.00-18.00

Closing Remarks followed by Drinks Reception

Cannon Events Ltd reserves the right to amend the program and is not responsible for cancellations due to unforeseen circumstances. Cannon Events Ltd accepts no responsibility for statements made orally or in written material distributed by any of its speakers at its conferences. In addition, Cannon Events Ltd is not responsible for any copying, republication, or redistribution of such statement.

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