Calendar of Events:
2020 MIReBA Symposium Now Rescheduled to take place on Thursday, October 15, 2020, from 10:00am - 12 noon via Zoom!
Out of concern for the health and safety of all of our members, colleagues and friends, we postponed our Annual Symposium that was originally scheduled to take place on April 30, 2020. The 2020 MIReBA’s Fall Symposium is now taking place by Zoom on October 15, 2020 beginning at 10:00am until 12 noon.
The two presenting panels will explore the cutting-edge topics of ransomeware exposure and climate change risk.
We hope to see you on Zoom on October 15, 2020!
Jessica Park and Robert Whitney, Symposium Co-Chairs
Agenda Overview
Panel 1 - "Climate Risk In A Changing World"
Climate change poses great risks to the world’s economy, population, infrastructure, and natural resources. The insurance industry will necessarily play a central role in efforts to mitigate the harmful impacts that climate change will unleash. The panel will examine these climate change-related risks, including the increased likelihood of property damage due to climate change-related events, the potential for increased litigation against insureds due to climate change-related losses, and coverage issues related to attempts to limit the exposure of carriers for climate change-related damages through exclusions.
Panelists will include:
*Cynthia McHale, Director of Insurance at Ceres
*Kristin Suga Heres, Partner, Zelle
*Peter Sousounis, Ph.D., Vice President/Director of Climate Change Research, AIR Worldwide
*Robert A. Whitney, Member, Sulloway & Hollis
Panel 2 - “Ransomware: Exposures and Opportunities”
Ransomware attacks continue to plague corporations, governments, essential services, and even school systems around the world. The consequences to victims can be substantial, from business interruption and brand reputation losses to regulatory fines and third-party claims. For insurers, ransomware holds both opportunity and peril. How can insurers underwrite this ever-changing and growing risk? And, after they issue a policy, how can insurers handle the complex resolution of ransomware claims? Does cyber insurance have a role to play in reducing the volume and cost of ransomware attacks? Or does the availability of insurance only incentivize more crime? This panel will explore the fast-paced world of ransomware coverage from the underwriting and claims perspectives, with a particular focus on how insurers can meet their policyholders’ needs without creating a market for misconduct.
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Panelists will include:
*Kelly Castriotta, Senior Director and Global Cyber Underwriting
Executive, Markel Corporation
*Michael Phillips, Chief Claims Officer, Arceo.ai
*Jonathan Zelig, Attorney, Day Pitney LLP
The 2020 Fall Symposium will be free of charge for insurance professionals and practitioners. To register, please RSVP by e-mail to Eugenia Sticca (sticca@sugarmanrogers.com). The Zoom log in information will be sent to all registered persons shortly before the event.