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Browse the NICC 2011 agenda

Sunday, September 25

Aon-Benfield NICC Golf Tournament at Furry Creek,
(Tournament begins at 10:30am) Golf registration required.

Conference Registration Opens 9:00 am
Cocktail Reception, Sponsored by Lloyd’s (6:00-8:00pm)

Monday, September 26

Full Breakfast sponsored by Riverfront Medical Services.

7:30am - 8:45am

Welcome and Introduction

8:45am

Speakers:
Joel Baker

President & CEO,
MSA Research Inc.

Allan Gregg

Leading Pollster, Political Analyst, and Social Commentator

Modernization of the Regulatory Regime - Where Do We Go From Here?

9:00am-10:30am

Moderator:
Robert W. McDowell

Partner, Fasken Martineau DuMoulin LLP

Panelists:
Bernard Dupont

Managing Director, Insurance Capital, OSFI

James Falle

Executive Vice President and CFO, Aviva Canada Inc.

Carolyn Rogers

Superintendent and CEO, Financial Institutions Commission British Columbia

Stuart Carruthers

Partner, Stikeman

Topics that will be covered by this important opening panel include:

– International regulatory trends
– Basel III – its application in Canada
– IAIS
– Solvency II, Pillars 1 and 2
– What does “Modernization of the Regulatory Regime” mean?
– Do we need it?  If so, what?  Has the pendulum swung too far?
– If regulation is really about risk management, what risks (known, emerging, unknown) really need further regulation?
– Provincial issues – market conduct, rate regulation, credit scoring, Part XIII, others

Networking Break sponsored by Duck Creek Technologies

10:30am - 11:00am

Fighting Personal Lines Fraud
Moderator:
Jon Schubert

President & CEO, ICBC

Panelists:
Richard Dubin

Vice President, Investigative Services, IBC

Carol Jardine

President, Canadian P&C Operations, Wawanesa

Joseph H. Wehrle

President & CEO, National Insurance Crime Bureau

Effectively fighting fraud not only makes smart business sense, it also benefits consumers.   It is, however, a difficult and complex problem to manage.  This session will explore fraud in personal-lines insurance, suggest strategies that Canadian insurance companies can take to reduce fraud, and explore action that companies and government can take to fight service supplier fraud and the abuse of contracts of insurance  – contracts that,  at their very core, are based on the concept of “utmost good faith”.

Subrogation Success -What Insurers Can Do to Avoid Leaving Money on the Table
Moderator:
Chris Giffin

President, Giffin Koerth Smart Forensics

Panelists:
Mark Bailey

MASc, PEng, PE, Director, MEA Forensic Engineers & Scientists

Joseph Turcotte

Vice President, Toronto Operations Claims Manager, FM Global

John A. Vamplew

Director, Whitelaw Twining Law Corporation

Every year hundreds of millions of dollars are available to insurers through subrogation. This diverse panel of subrogation experts will discuss and present case studies illustrating strategies they employ to ensure the successful recovery of claims dollars spent.  Topics of discussion will include:

– Developing a project plan for subrogation on day 1 involving: Expert(s); Adjuster/examiner; Counsel
– Importance of and, effective use of, an “expert”
– Understanding the motivators of defendants – their insurers and their counsel
– Identifying Targets
– Cost benefit analysis in the subrogation process
– Managing risk in the process – taking smart risks
– Spoliation and preserving evidence
– Small mistakes that can cost millions of dollars
– Identification of the manufacturer of imported products

Lunch and presentation sponsored by The IBC

12:00pm - 1:30pm

Luncheon Speaker:
Don Forgeron

President & CEO, IBC

We’re living in a riskier world.  On that, we can all agree.  But the road diverges there, depending on whether the regulator or the insurer is its traveler. Don Forgeron, President and CEO of Insurance Bureau of Canada, will address the issue of risk from the perspective of both regulator and insurer, bringing to light the challenges that create the current divide, how to bridge it, and the opportunity it presents to better serve Canadian consumers.

Global Reinsurance Panel - The Road Ahead

1:30pm - 2:45pm

Moderator:
Richard H. Booth

Vice Chairman, Guy Carpenter & Co. LLC

Panelists:
Henry Klecan

President & CEO - The Americas, SCOR

Marston Becker

President & CEO, Alterra Capital Holdings Ltd.

Tad Walker

President & CEO, PartnerRe North America

The NICC’s global reinsurance panel is always a highly anticipated event. This year’s panel is no different. Moderated by Guy Carpenter’s CEO, Peter Zaffino, this panel of leaders from the world’s key markets will share their insights into what cedants and reinsurers can expect in the upcoming renewals and beyond.

Networking Break sponsored by CI Top Broker

2:45pm - 3:15pm

Managing Business System Transformation - From the Doobie Brothers to Lady Gaga

3:15pm - 4:30pm

Moderator:
Gregory A. Maciag

President & CEO, ACORD

Panelists:
Robert Merizzi

EVP and CIO, Aviva Canada Inc.

James Bisker

Global Business Services Insurance Practice Leader, IBM

Jack Dugan

Vice President, Global Insurance Leader, Capgemini Financial Services

Insurers and their partners are saddled with creaky legacy systems that are very inexpensive to run but is at the same time highly rigid and inflexible. Companies are in the varying stages of the painful and costly process of transforming their systems. Their objective is to benefit from new technologies that will provide flexibility, interoperability and sophisticated analytical/modeling capabilities required to effectively compete in today’s market.

Join this expert panel as they address the opportunities and pitfalls ahead.

Cocktail Reception sponsored by Standard & Poor’s (6:30-7:45pm)
Gala Dinner co-sponsored by Guy Carpenter and Deutsche Insurance Asset Management (7:45pm)
Dinner Wine sponsored by PricewaterhouseCoopers
Featured Entertainer Rich Little, sponsored by PCS-Canada

Tuesday, September 27

Full Breakfast sponsored by Towers Watson

7:15am - 8:30am

Economic Outlook

8:30am - 9:30am

Speaker:
Joshua N. Feinman

Global Chief Economist & Managing Director of DB Advisors of Deutsche Bank

From his vantage point as the chief economist of one of the world’s leading asset management firms, Josh Feinman will provide an analysis on the ‘Long Climb Back’ in the U.S., the struggling economies in Europe, the Asian economies and the effects these will all have on Canada. Mr. Feinman will further delve into the outlooks for interest rates, inflation, labour and credit in the context of monetary and fiscal policies in North America.

The Great California ShakeOut - Lessons for Canada

9:30-10:30am

Speaker:
Keith Porter

Associate Research Professor, University of Colorado at Boulder

Keith Porter is an Associate Research Professor in Structural Engineering and Structural Mechanics at the University of Colorado at Boulder and Principal of the international consulting company SPA Risk LLC. He is a licensed Professional Engineer and researcher specializing in seismic vulnerability and societal risk from natural disasters. He helped to develop the second generation of performance-based earthquake engineering (PBEE-2), a structural engineering method to estimate seismic risk to buildings in terms dollars, deaths, and downtime. He has been involved in the Southern California ShakeOut earthquake emergency planning scenario. He is one of a very few academics who was once a professional catastrophe risk modeler, having worked for EQECAT in the 1990s. In this fascinating and scary presentation, Mr. Porter will describe the findings of the massive California ShakeOut study and what we can learn from it in Canada.

Networking Break

10:30am - 11:00am

Concurrent Sessions

11:00am - 12:30pm

Canadian Earthquakes - Preparing for the Big One
Moderator:
Paul Kovacs

Executive Director, Institute for Catastrophic Loss Reduction

Presenters:
Garry Rogers

Seismologist, Senior Research Scientist, Natural Resources Canada

Alister Campbell

President & CEO, PACICC and NICC 2019 Emcee

The big one hasn’t’ happened here…yet. But seismology  tells us that it surely will. It could be a mammoth Cascadia Subduction Zone quake on the west coast or a sizable event in the Montreal region. Canada’s population, businesses and governments are exposed. Are insurers and reinsurers adequately prepared? Is society?  Issues that will be discussed include: infrastructure, emergency preparedness, insurance capacity, model risk, infrastructure, building codes, broker awareness and deductibles.

Developments in Commercial and Environmental Litigation
Panelists:
Laura Cooper

Partner, Fasken Martineau

James Sullivan

Partner, Blakes

What is happening in the Canadian commercial litigation front? Insurers need to know.

This panel of experienced litigators will discuss important developments in D&O, class actions, product liability, securities litigation, environmental class actions known as toxic torts and the “terrifying” prospect of pliable limitation periods.

cip-society logo

Lunch sponsored by the CIP Society

12:30pm

Keynote Luncheon Speaker:
Tiff Macklem

Senior Deputy Governor of the Bank of Canada

Social Guests Welcome

Conference Wrap Up

2:30pm

Speaker:
Joel Baker

President & CEO,
MSA Research Inc.

 RIBO Accreditation: Both days (September 26 & 27)
– 6 hours Management & 3.5 hours Technical