RIMS Canada Educational Sessions

AIG’s professionals are participating in several educational information sessions during RIMS Canada 2019.
 

Explore below to learn when and where each of our professionals will be sharing their perspectives. Remember to also check the RIMS website for any changes to locations, dates or times.

 

Women make up almost half the world’s population, but only 27% of the House of Commons, under 20% of board members of Canada’s top 500 companies, and under 10% of women hold the highest paid positions in Canada’s top 100 listed companies. We’ve come a long way from being the few delegates wearing the red blazers with large shoulder pads to being a noticeable stakeholder at our industry conference. We don’t want to break the glass ceiling and risk the shards falling on others. We want to figure out the smartest ways to lift each other to new heights. Putting their competitive business savvy to the side, five of our industry’s most successful women share their remarkable stories and perspectives on their journey as well as their insights on the business. Moderated by one of Edmonton’s rising stars in the gender parity discussion, Lana Cuthbertson.

Date and Time: Monday, Sept 9 - 9:30 a.m. - 10:30 a.m.

Edmonton Convention Centre, Assembly Level - Hall C

Speakers:

Lynn Oldfield, President & CEO, AIG

Sarah Robson, President & CEO, Marsh Canada Limited

Christine Lithgow, CEO Commercial Risk Solutions, Canada, Aon Risk Solutions

Yvonne Steiner, Senior Vice President, Head Property Lines, Zurich

Lana Cuthbertson, Director CX Strategy, ATB Financial

Gloria Brosius, Director, Risk Management & Insurance, Pinnacle Agriculture Distribution, Inc.

 

 

Canada has long been considered a leader in prudent financial services regulation on the global stage. As reinsurance practices morph and evolving business models emerge – OSFI embarked on a comprehensive review and consultative process with proposed changes to the reinsurance framework to be implemented in a three-phased approach. In particular, the proposed guidelines seek to address risks due to large exposures in the P&C arena, associated concentrated counterparty risk and capital adequacy requirements. Reinsurance practices are increasingly complex and global – OSFI has expressed concerns with the “leveraged business model” whereby a significant piece of the risk is reinsured offshore with a small amount of capital retained in Canada. The benefits of reinsurance for both insurer and ultimately the client need to be balanced with the complex array of evolving risks. During this panel discussion, attendees will review the Canada regulatory framework including the key regulators/organizations and learn about the upcoming changes to the OSFI reinsurance guidelines – the impact to the insurance industry and the reaction from key stakeholders. 

 

 

Date and Time: Monday, Sept 9 - 1:15 p.m. - 2:15 p.m.

Concurrent Sessions--Location Coming Soon

Takeaways:

  • Learn about OSFI changes to reinsurance regulation in Canada
  • Hear about potential impacts of regulatory change to the insurance industry and clients
  • Discover stakeholder reaction to the proposed framework changes
  • Results of the Industry Quantitative Impact Study and impact on corporate risk placements

Speakers:

Lynn Oldfield, President & CEO , AIG

Tina Gardiner, Manager, Risk Management Services-Controllership Office, Finance, The Regional Municipality of York

Joe Seeger, Calgary Market Leader, Corporate Risk and Broking, Willis Towers Watson

Everyone knows about D&O insurance but thankfully not everyone has experienced a D&O claim. This session will speak on resolving a D&O claim and walk through the process from first notice, to coverage, to settlement and ultimate resolution. The session will address various issues that may arise along the way, including costs of defence, managing an insurance tower, and negotiating resolution. The goal is to provide "on the ground" insight about what to expect if you have to trigger your D&O policy and respond to a claim.

Date and Time: Tuesday, Sept 10 - 11:00 a.m. - 11:20 a.m.

Exhibit Hall – Thought Leadership Theater

Speakers:

Anne Thompson, Complex Claims Director, Financial Lines, AIG