New! RIMS 2011 Hot Topics and Off-Site Session


Hot Topics

Insurance Implications of Japan's Devastation and its Global Impact(RMG305)

Tuesday, May 3
10:45 am – 12:15 pm

The extraordinary images and reports of the devastation from the Japan earthquake and tsunami are staggering. While the focus has understandably been on the concern for the well-being of the people of Japan, we are beginning to see assessments of the disaster’s impact on businesses globally, not the least of which involves disruptions to the global transportation network for products, component parts and supplies. 

Preparedness, of which insurance is an important component, is essential to managing and mitigating the risks posed by natural disasters. This panel of experts with nuclear insurance, valuation, and legal expertise will help you understand how to assess your insurance needs to protect your organization in the event of a disaster. The panel will also discuss the potential for coverage, whether it be first-party property, business interruption, contingent business interruption etc., for losses that business are experiencing now, or may experience in the future, as a result of the Japan earthquake and tsunami.  

Scott B. Clark, AAI
RIMS President
Risk and Benefits Officer
Miami-Dade County Public Schools

Holly H. Daley, ARM
Director, Global Risk Management
Hitachi Data Systems Corp.

Duncan Ellis
Managing Director
Marsh
Nancy Sher Cohen
Partner
Proskauer Rose LLP

If You Must Let the Bedbugs Bite, Make Sure You're Covered (INS206)

Wednesday, May 4
9:00 am – 10:30 am

Bedbugs are an affliction as old as humanity, but new risks and insurance issues emerge with every new outbreak, including the fearsome current wave that has many major cities in its grip. Business interruptions and costly fumigations have hit not only hotels but retailers, offices of all kinds and restaurants. This session will examine policies that may be triggered by bedbug outbreaks and how to maximize claims not only for property damage but for business interruption and third-party liability.

Philip D. Flanary
Vice President, Risk Management
Ashford Hospitality Trust Inc.
Kevin Madden
Real Estate Practice Leader
Aon Risk Solutions

 

 

 

Marshall Gilinsky
Partner
Anderson Kill & Olick, P.C.

War Zone Insurance and Risk Management (INT302)

Wednesday, May 4
10:45 am – 12:15 pm

This session will discuss the risks to consider when conducting operations or sending employees to hostile territories in remote areas or emerging markets, especially Africa and Iraq, Afghanistan and the greater Middle East. Insurance providers in North America often exclude hostile territories and most commercial insurance excludes acts of war. However, it is still possible to procure commercial insurances, and often a combination of global excess insurance combined with local or regional insurance is the best solution for customers of all sizes. Contract management and liability management is also a key factor for the risk manager and operational managers as they seek work or bid contracts in remote and hostile areas. Finally, local norms along with multiculturalism play a major factor in managing employee insurances, such as workers compensation, personal accident coverage, group life insurance, group health insurance, kidnap and ransom coverage, and defense base act coverage.

Grant Goldsmith
President
Overwatch, Inc.

Off-Site Session

Britannia Mine Treatment Plant

Tuesday, May 3
8:00 am – 11:30 am

Join us on a bus ride along the panoramic Sea to Sky Highway and then a tour of the Britannia Mine Treatment Plant. Hear about the clean up of one of the worst environmental contamination problems in the history of British Columbia.

Originally the area hosted one of the largest copper producing mines in North America. However, its environmental legacy was Acid Rock Drainage which left the local groundwater, creeks and the beautiful Howe Sound impacted so badly that animal and marine life in the area were dying.

On the bus, our speaker from Partnerships British Columbia will tell us about the change that took place in 2004, when the province negotiated with private industry to clean up and provide environmental remediation for the site using a public private-partnership delivery model.

On-site our hosted speaker will be from Epcor who is the private partner involved in the agreement. We will take a look at the inside of the treatment plant that continues to treat the drainage from the mines and has given back life to the area. You’ll hear the history of the mine and how this design-build-finance-operate project was successfully delivered.

This session is open to RIMS corporate members only and is limited to 50 participants.

Amy Fimrite, CFA
Project Director
Partnership British Columbia
Christian Madsen
Operations Manager
Epcor Britannia Water Inc.