RIMS 2009 Sessions Guide - (Page 27) INSURaNCE Accurate Business Interruption Values—How Important Are They, Really? (INS202) Wednesday, 10:45 am - 12:15 pm Annual reporting of business interruption (BI) has come under increased scrutiny by insurers. Yet with this scrutiny, there seems to be considerable disparity in requirements from insurer to insurer, and even underwriter to underwriter. Navigate important issues associated with BI values reporting as well as practical approaches to simultaneously satisfying insurer and business needs. Address the importance of detailed BI worksheets, location reporting and anticipated maximum BI loss (AMBIL) and maximum foreseeable loss (MFL) calculations. Understand the consequences of underreporting and overreporting and the pros and cons of different value-reporting strategies. And listen to a panel discussion on managing situations when insurers dispute your values after a notice of a claim, and the effects of disputed values on your BI loss or deductible measurements. David R. Huntley Director, Risk Management CVS Caremark Corporation Tracy A. Saxe, Esq. Partner Saxe Doernberger & Vita P.C. Judy A. Rogers Treasury and Risk Management Analyst Flowserve Corporation INSURANCE Commercial Surety for Dummies (INS200) Tuesday, 2:15 pm - 3:45 pm Drawing upon the popular book Commercial Surety for Dummies and real-life situations, explore commercial surety in an informative, easy-tounderstand and interactive style. Learn how to understand the differences between surety and insurance, identify the types of commercial bonds, obtain bonds around the world, analyze your company like an underwriter and eliminate unnecessary bonds. Whether you are new to surety or have handled your company’s bond program for years, review the basics and obtain new suggestions on ways to improve your program. Maryanne T. Francisco Director, Risk Management Novartis Corporation Chad Rosenberg Principal Rosenberg & Parker George W. Thompson Senior Vice President Travelers Raymond S. Hutnik, CPA CFE Managing Director, Forensic Accounting and Claims Services Practice Marsh Facing Data Privacy and Catastrophic Exposures (INS301) Monday, 1:45 pm - 3:15 pm Network risk insurance (cyberliability) is the hottest new product on the errors and omissions (E&O) market, but while most have conceded that data privacy and network security are important, few can articulate why. Are you simply being a good corporate citizen if you tell customers their identity has been stolen? Or are you potentially liable for millions? How do people steal personally identifiable information anyway? Does compliance with statutes and rules such as HIPAA (Health Insurance Portability and Accountability Act) and PCI (Peripheral Component Interconnect Standard) guarantee that you have great security? Get the answer to these questions and more at this panel discussion with one of the leading U.S. privacy insurance brokers and the chief privacy leader of a major U.S. corporation. Robert Parisi Senior Vice President Marsh Adam Sills Assistant Vice President Darwin Register now at www.RIMS.org/RIMS2009 Certificates of Insurance from the Risk Management Perspective (INS100) Monday, 3:30 pm - 5:00 pm Certificates of insurance are an important part of the everyday life of risk and insurance professionals. Whether issued or received by your company, they are vital to risk assessment, control and financing. Review the basic issues surrounding certificates of insurance relative to their definition, implications when drafting or reviewing a contractor’s or vendor’s insurance requirements, special policy language and endorsements and distribution of management. This session is hosted by RIMS Member and Chapter Services Committee. David B. Dolnick Risk Manager The Brady Companies Hal D. Larson, CPCU Vice President, Risk Manager Muscatine Foods Corporation Kenneth E. Washington Vice President, Chief Privacy Leader Lockheed Martin 27 http://www.RIMS.org/RIMS2009
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