Aon Risk Pooling - Risk - Retirement

1 18th Aon Risk Pooling Symposium 2013. Blazing a Trail July 30 August 2, 2013. The Ritz Carlton Bachelor Gulch The new frontier of risk Avon, Colorado Risk. Reinsurance. Human Resources. Empower Results . Aon Risk Solutions' Risk Pooling Practice invites you to attend our biennial Risk Retention Pooling Symposium July 30 through August 2, 2013. This year marks the 18th Symposium we have hosted, bringing together a variety of professionals who serve pools, risk retention groups, and association insurance programs. Our Symposium delivers timely information and entertaining sessions on topics important to your business. The subjects we cover provide board members, executives and staff the insight they need to drive management strategies, and embrace industry concepts and technological opportunities. Leading speakers in the industry will present on issues such as navigating the political process, marketing to grow membership, catastrophe management for pools and much more.

2 We look forward to seeing you in Colorado. Sincerely, Craig Bowlus, ARM Steven P. Kahn, CPCU, ARM. Managing Director Managing Director Schedule of Events Tuesday, July 30, 2013 2:00 2:15 PM Break Sponsored by Aon Risk Pooling 2:15 3:30 PM State of the Insurance / Reinsurance Market: A Survival Guide 2:00 5:30 PM Registration Steve Hackenburg, Chief Broking Officer National Casualty, Aon Risk Solutions Aaron Davis, Managing Director US Property, Aon Risk Solutions 6:00 8:00 PM Welcome Reception Sponsored by AIG. Bradley E. Smith, Executive Managing Director, Aon Benfield Insurers provide critical support to most risk pools. Yet, reliance on them can be challenging. This session will discuss the current state of the market, what Wednesday, July 31, 2013 to look for and what to avoid, the value of long-term relationships, and how to position your pool to obtain the best available terms.

3 3:30 3:45 PM Break Sponsored by ACE. 7:30 8:00 AM Breakfast 3:45 5:00 PM Reinsurance, Solving the Pricing & Value Equation 8:00 11:30 AM Pre-Conference Tutorial Financial Boot Camp: How to Sharpen Your Skills Mujtaba Datoo, ACAS, MAAA, FCA, Actuarial Practice Leader Public Entities, Aon Global Risk Consulting Mujtaba Datoo, ACAS, MAAA, FCA, Actuarial Practice Leader Public Entities, Aon Global Risk Consulting Brian A Viscusi, FCAS, MAAA, Vice President, Senior Actuarial Manager Specialty Markets, Munich Re America Mike Mischkot, MBA, Chief Financial Officer, City County Insurance Services This session will address how reinsurers price their coverage, how the pool actuary estimates the value to the pool, and why there is a difference between Tracy Fleck, ACAS, MAAA, Consultant and Actuary, Aon Global Risk Consulting the two. Attendees will obtain a better understanding of reinsurance pricing and how to make better purchasing decisions.

4 Learn how to determine the financial solidity of your pool enabling you to make better strategic goals. This interactive tutorial will lay the foundation of how actuarial conclusions are derived and fed into the financial statement, how financial ratios are calculated, and how to interpret them. 3:45 5:00 PM How the Financial Crisis is Affecting Pools, and What to do About it Byrne Connolly, Esq., Board Counsel, Gibbons & Conley 11:30 AM 1:00 PM Break: Lunch Sponsored by Aon Risk Pooling David J. Clovis, General Manager, California Joint Powers Risk Management Authority Members of some pools are under extreme financial stress. This can result in less attention to loss control, member requests for premium reductions/. 1:00 2:00 PM Keynote Sponsored by Genesis surplus releases, member price shopping, member staff reductions, and other actions that may increase costs.

5 This session will review the current landscape and how some pools are addressing these issues. Thursday, August 1, 2013. 7:30 8:30 AM Breakfast Sponsored by Paradigm Outcomes 10:00 11:15 AM Owner Controlled Insurance Programs: Why & How Donna M. Allard-Flett, LIA, CIC, CRIS, Senior Vice President, Senior Account Executive, Aon Construction Services Group 8:30 9:45 AM Catastrophe Losses - Preparing & Recovering Dr. Karla M. Rhay, Chief Administrative Officer, Southern California Schools Risk Management Steve Rakeman, Director Asset Valuations, Aon Global Risk Consulting Cliff Roberts, ARM, Natural Hazards Specialist Global Technical Engineering Team, AIG Commercial Property Insurance costs can represent 3 to 5 percent of construction project costs. This session will describe why one pool implemented an OCIP and how to structure the OCIP for maximum control and financial benefit.

6 Information will be provided on the design, structure, and resources needed for successful If forecasts are correct, significant weather-related catastrophic events will only grow in frequency and severity. Pools must prepare adequate response implementation. plans, well in advance. This session will address what pools must do prior to and following a catastrophic property loss to best serve its members. 10:00 11:15 AM Understanding the Healthcare Landscape and How Your Pool Can Help 8:30 9:45 AM Effective Marketing: What the Board Needs to Know Brent Crane, Senior Vice President, Aon Hewitt Kathleen Delaney, Senior Vice President US Marketing, Aon Risk Solutions Crystal V. Hover, CEBS, President and Chief Strategist, Kitchen Table Consulting Chris Krall, Deputy Executive Director, Colorado Intergovernmental Risk Sharing Agency Courtney Fagan, Marketing Representative, Colorado Intergovernmental Risk Sharing Agency Public Sector employers face significant uncertainty regarding health benefits.

7 This session will address the challenges confronting public sector employers and the value-added solutions risk pools can provide, including: advisory services, wellness, disease management, and pooled purchasing/risk sharing. Pools need a coordinated plan that showcases their products and services, pricing strategy, geography and sales strategy. Recognizing that there are unique challenges in your individual markets, our panelists will present case studies and other real world examples of materials and initiatives that are driving growth and retention today. 11:15 12:45 PM Lunch Sponsored by PMA Management Corp. Featured Speaker Wolfgang Puck Sponsored by Munich Re 9:45 10:00 AM Break Sponsored by Markel 12:45 2:00 PM Pools and the Political Process Rick Ferguson, CPCU, ARe, Executive Director, Idaho Counties Risk Management Program Michael Kane, Attorney, Michael Kane & Associates, PLLC.

8 Understanding and influencing perceptions of legislators, regulators, and state department heads about your pool requires relationships. Some pools actively work the legislative process through their league/association and others do not. This session will explore one pool's lobbying strategy and experience. Thursday, August 1, 2013 (continued) Friday, August 2, 2013. 2:00 2:15 PM Break Sponsored by Asset Works 8:00 9:00 AM Breakfast Sponsored by Healthcare Solutions 2:15 3:30 PM Board Governance, Leadership in Uncertain Times 9:00 10:15 AM Managing Investments in an Era of Low Returns Harold Pumford, Retired CEO, Association of Governmental Risk Pools Daniel Smereck, Managing Director & Principal, Strategic Asset Alliance, Inc. Pools and their members face major institutional/environmental risks that must be addressed. Pool governing boards must understand their core values, Many pools have substantial investment portfolios.

9 They rely on investment income to offset member costs but fixed income return rates have decreased unique purpose, and member needs to confront these risks and successfully guide their pools. This session will address what boards must consider now significantly. This session will explore the investment options open to many pools, opportunities to increase returns and how to evaluate the risk/reward to address these issues with success. tradeoff that must be considered. 3:30 3:45 PM Break Sponsored by Aon Risk Pooling 10:15 10:30 AM Break Sponsored by Aon Risk Pooling 3:45 5:00 PM Panel Discussion: Open Forum Ask the Experts 10:30 11:45 AM Rating Plans: What the Board Needs to Know Steven Kahn, CPCU, ARM, Managing Director Aon Risk Pooling , Aon Global Risk Consulting Steven Kahn, CPCU, ARM, Managing Director Aon Risk Pooling , Aon Global Risk Consulting John C.

10 Atherton, CPCU, Senior Vice President Public Entity Manager, Starr & Company (California). Frank X. Altiere, III, President, PMA Management Corp. Many pools are reevaluating the structure of their rating plans to adopt insights gained from first-generation models, make use of accumulated data, utilize better rating variables, and to adapt to new information systems. This session will review what every rating plan should include and issues to Nigel Wilson, Managing Director Insurance Services, American Appraisal analyze as you consider revisions. Many factors are decreasing the amount of assistance that our local public entities can expect from Federal and state budgets. This has created both opportunities and hurdles for pools. Our panel will discuss the various issues impacting pool members from several perspectives. Discussions will include an open forum for Q&A.