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RIMS

Session Information

Business Interruption Pre-loss scenario analysis workshop

Registration Information

This event is closed.

Location

  • New York City, NY
  • RIMS

Dates

  • October 19, 2017

Duration

  • 8:30 am - 4:30 pm

Additional Info

Additional Notes

We suggest that you register on-line for quick registration. If you are mailing us a check or doing a bank transfer, you need to fax us a copy of the registration form in order to hold your seat in the program. Registration is not guaranteed until we receive payment.  If you wish to participate in a RIMS course, the registration fee needs to be received by RIMS before the first day of the course.
 
If you register by mailing a check or doing a bank transfer, you will be accepted as long as the program is not sold out when we receive your payment.
 
International Attendee Information/Travel Visas- APPLY EARLY! Visa applicants are advised to apply to the consultate as soon as they decide to attend a program. We suggest at least four months in advance to allow enough time for the visa approval process to take place.
 
Since registrations will be limited, we suggest registering as soon as possible.
 
If you have any questions or need additional information, please contact through our online contact form.

Cancellations and Refunds

RIMS reserves the right to cancel a course if conditions warrant. In the event of such a cancellation, registration fees will be refunded. RIMS is not responsible for any travel or lodging expenses that an attendee may incur due to such a cancellation. Before purchasing your airline ticket, please confirm with RIMS (pd@RIMS.org) that there are enough registrations to conduct the program.
 
All requests for refunds or changes must be submitted in writing. Registrants who cancel 15 business days or less prior to the start of the workshop can send a replacement from their company or receive credit to attend another workshop with the same duration and cost within a year of the cancelled registration. Please note if the member rate was paid for the original registration and you elect to send a replacement or transfer the credit to another employee of your organization who is not a member, an additional fee will be charged to offset the difference between the member and nonmember rate. No refunds will be issued for cancellations less than 15 days from the start of the workshop.
 
Registrants who cancel 21 business days or less prior to the start of the workshop will be subject to a $150 service charge. Refunds for credit cards will be processed within 30 days. All other forms of payment will be issued 60 days following the course. Transfer to another course can be made within the calendar year. Individuals may be substituted prior to the course.
 
In the event that a presenter is unable to perform due to an unforeseen circumstance, RIMS shall find a substitute with equal expertise.
 
 
This workshop will be a one-day boot camp that will teach many different aspects of Business Interruption / Time Element, from coverage placement to claims handling.  You will get hands-on experience in how business income and extra expense calculations work, how to determine your organization’s coverage needs, how to determine appropriate policy limits and values, policy conditions and terms that can significantly impact collectability, and how to prepare for and handle a large Business Interruption / Time Element claim.  

For more dates, locations, or general information see the Workshop Overview page.

Instructor(s)/Facilitator(s)

Ms. Linda Conrad
Linda Conrad is Director of Strategic Business Risk Management for Zurich. She leads a global team responsible for delivering tactical solutions to Zurich and to customers on strategic issues such as business resilience, supply chain risk, Enterprise Risk Management (ERM), risk culture and Total Risk Profiling. Linda also addresses enterprise resiliency issues in print and television appearances, including CNBC, Fox Business News and the Financial Times, and is featured in a Wall Street Journal micro-site. Linda holds a Specialist designation in ERM, and serves on the global Education Advisory Board of the Institute of Risk Management in London. Linda is deputy member of the ERM Committee of RIMS, sits on the Supply Chain Risk Leadership Council, and was Chairwoman of the Asian Risk Management Conference. She taught at University of Delaware Captive program and in the Masters on Supply Chain Management program at University of Michigan’s Ross School of Business, where she serves on the Corporate Advisory Council. Linda studied at the Graduate Institute of International Studies in Geneva, Switzerland and Fox Business School.

Mr. Robert Fox
Robert Fox is a Certified Public Accountant and current Managing Director of Vericlaim’s Forensic Accounting and Business Income Services group. Rob has 12 years of experience working as a forensic accountant, primarily on the behalf of insurance carriers. He has extensive experience performing time element (business interruption and extra expense) calculations that range from $5,000 to $100M +, in a variety of industries. Mr. Fox has also assisted many companies with determining their time element exposure. He has received praise for his ability to distill and simplify complex calculations to allow non-accountants to easily understand the means and methods. While time element calculations are his primary area of expertise he has experience performing inventory calculations, property damage analysis, soft costs measurements, and other economic damage calculations.

Mr. Edward McKenna, CPA,CFF
Edward McKenna: Ed joined Marsh Risk Consulting in 2000 as a consultant after Marsh’s acquisition of Shore & Azimov. Ed focuses his practice on providing forensic accounting services in the measurement of damages, valuations, and financial investigations. The services are provided on both a national and international level and also involve deposition and expert witness testimony. Ed is involved in making presentations to various insurance businesses and professional groups on topics such as accounting records and analysis, business interruption values and loss, fraud investigation, accounting records and analysis, and other topics.

Since 1991, Ed has been involved in forensic accounting consulting and financial analysis. His special expertise is in the preparation and review of insurance loss claims and economic damages including those for business interruption, extra expense, inventory loss and valuation, employee defalcation, product liability, review of financial condition, third-party liability, and loss of income resulting from personal injury. Ed has experience working with both public and privately owned companies from a variety of industries, including oil & gas, power & utility, construction, financial services, manufacturing, retail, and wholesale.

Additionally, Ed has prepared, reviewed, and provided expert witness testimony in state and federal court on issues such as economic damages, commodities trading fraud, business valuation, and price discrimination. Ed’s experience includes leading the insurance claim presentation, providing litigation support and analytical expertise for one of the largest losses in US history.

Location Information

RIMS
The meeting will be held at the RIMS Office in New York (Manhattan). It will be located at 5 Bryant Park, formally known as 1065 Avenue of the Americas (6th Avenue), between 40th and 41st Street, 13th floor. The entrance to the building is located on 40th Street. Please bring photo ID upon entering the building. The location of the meeting site is in Mid-town Manhattan, facing Bryant Park. It is in proximity to the theatre district of Times Square and the large shopping area of 34th Street. Many restaurants can also be found in the area. Dress is business casual in the meeting site (jeans and shorts not allowed). Attendees make their accommodations directly with hotels.

Address:
RIMS
5 Bryant Park
13th Floor
New York City, NY 10018-0713

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