11:00am-11:05am

Opening Remarks by Stacie Lilien, Global Head of Event Programming, Advisen

11:05-11:50am

“2020 A Year Like No Other”

For the transaction insurance market, 2020 brought a confluence of events – the COVID-19 pandemic rapidly shifted the way we do business, transforming face-to-face interactions into video conference calls. The pandemic also produced a brief dip in deal flow, but mergers and acquisitions seem to be picking up pace again. The global insurance and reinsurance market has hardened and transaction coverage is maturing as a product. Capacity has increased, and insurers are getting more rate, but is there enough focus on limit management? One year ago, capital looking for M&A opportunities hit an all-time high — during 2020, has the market unfolded as expected? Is coverage evolving and are challenging times flexing the boundaries of what the product is meant to cover? What does 2021 look like and what’s on the horizon for this expanding insurance market?

• Randy Hein, President, Berkley Transactional [Moderator]
• Allyson Coyne, Managing Director & Senior Broking Officer, M&A and Transaction Solutions, Aon
• Markus P. Bolsinger, Partner, Dechert LLP
• Matthew Heinz, Partner & Co-Practice Leader, Transaction Liability, Lockton Companies
• Jay Rittberg, Managing Principal, Euclid Transactional
• Rainer Schadel, Senior Underwriter, Munich Re

11:50-11:58am

Shop Talk Sponsored by Concord Specialty Risk

Will Standard Representations & Required Thresholds of Professional & Operational Diligence Be The New Standard for RWI in 2021?

As losses mount for insurers and reinsurers, the question confronting the M&A bar is whether and how long RWI is sustainable under current M&A practices. Many insurers are now tailoring representations and increasing pricing – as reinsurance renewals get negotiated. This ShopTalk discussion starts where the prior discussion ends and highlights the key factors that may realign  buyers, sellers, and insurers.

• David S. De Berry, Esq., CEO, Concord Specialty Risk
• Ben Newton, Actuarial Director, Concord Specialty Risk

11:58am – 12:06pm  

Shop Talk Sponsored by QBE

Representations and Warranties Insurance: it’s all about claims

In today’s fast-paced world, buyers and sellers are looking to protect their interests when closing deals. In this interview, QBE will explore current trends and the claims process. They will showcase how they are differentiating themselves with expertise and service—looking at best practices for combining claims service with a personal touch. 

•  Toria Lessman, Senior Vice President, Underwriting Leader
•  Dana Shafer, Assistant Vice President, Claims Practice Leader

12:06-12:36pm

Luncheon Interview Sponsored by DUAL

What service means in the global transactions insurance space: Perspectives from the insured, underwriter, and advisor

In this luncheon interview, DUAL’s global transaction insurance leaders provide a 360 perspective on the Transactions Insurance space from the lens of the customer, underwriter, and advisor, with customers sharing what really matters on their side of the deal and DUAL’s international transaction insurance professionals sharing their thoughts on the global transactions insurance market, cross-border considerations, and expectations in 2021.

• Justin Ansell, Head of M&A for DUAL M&A Europe/UK
• Brett Burgan, CPA/CFF, CIRA, Partner of Transaction and Litigation Services, Daszkal Bolton, LLP
• Andrew Hillier, Executive Chairman, DUAL Asset
• David Howden, CEO, Howden Group Holdings
• Dennis Kearns, Managing Principal, DUAL Transactional Risk
• Kelly Lines, Head of Technical Underwriting, DUAL Asset
• Monica Olis, VP Risk Management, iHeartMedia
• Joanne Yuan, Co-Head of the Investment Team, Turn/River Capital

Register Here!

11:00am-11:05am

Opening Remarks

11:05-11:50am

A Global Look at the M&A Insurance Market

As the global M&A market has expanded and evolved, cross-border considerations have become more prevalent in deals, with material differences between the United States and Europe disclosure mechanisms. For transaction professionals, it’s essential to identify those differences early on and work with partners who can stay flexible as the deal develops. How do underwriters and brokers approach coverage, pricing, and capacity when evaluating international transactions? This session will take an international look at key factors that can impact buyers and their insurance partners in M&A deals.

• Alexander Keville, Practice Leader Mergers & Acquisitions, FINEX Global, Willis Towers Watson [Moderator]
• Colin J. Addy, SVP, Transactional Risk, Chubb
• Nuala Read, TRI Manager, Tokio Marine HCC
• Marc Sherman, Managing Director, Alvarez & Marsal
• Nicholas Wilski, Managing Director, Macquarie

11:50am-11:58am

Shop Talk Sponsored by FTI Consulting

Reps & Warranties Insurance Loss Valuation with Zayo Testifying Expert, Gary Kleinrichert

Should we apply the EBITDA multiple? Did this customer permanently impair the business? What is a reasonable method for valuing a loss from a breach of reps and warranties? These are common questions when evaluating reps and warranties insurance claims. Join FTI’s Kelly Nickerson and Gary Kleinrichert in a Q&A session on Gary’s perspectives on reps and warranties insurance loss valuation.

• Gary Kleinrichert, Senior Managing Director, FTI Consulting
• Kelly Nickerson, Managing Director, FTI Consulting

11:58am – 12:15pm

Presentation of Advisen’s Transaction Insurance Leadership Award

This prestigious award recognizes an outstanding individual who is a transaction liability coverage expert, innovator, leader, and mentor. The recipient is determined by the industry thought-leaders who comprise this year’s Conference Advisory Board.

Register Here!