February Chapter Meeting

 
Wednesday, February 12, 2020

"Insuring Black Swans: Understanding Parametrics
and Non-Physical Damage Business Interruption Coverages"

Todd Cheema
Swiss Re Corporate Solutions

February Meeting Registration
      
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8:00 AM

 Registration & Breakfast 

 
 

8:30-10:30 AM

Guest Speakers Presentation

In this session, we'll discuss the various approaches to insured perils, defining triggers, structuring, and indemnity for (1) Non-physical business interruption (NDBI) insurance and (2) Parametric solutions.

NDBI: Traditional property damage and business interruption (PD/BI) policies do not necessarily protect corporations from all the risks that may lead to a business interruption loss. In today's global economy, companies rely less on tangible properties for their continued operations and become more dependent on complex, world-wide supple chains. In addition, regulatory, reputational, cyber and other fortuitous risks threaten the long-term outlook of businesses.

Parametric Solutions: Traditional insurance coverage may not be the best coverage to respond to a loss of income and extra expenses that may result from a catastrophe. Experts agree that parametric insurance solutions are a useful supplement to traditional insurance programs when responding to loss of income and extra expenses.

We hope to stimulate your imagination about unique approaches to business interruption insurance and solutions for natural catastrophe events that drive further discussions.

Speaker Bio


    

        

 

RSVP

February 5, 2020

 
 

Location



Rockledge Grille
289 South Main Street
West Hartford, CT 06107

 
 

Meeting Fee






 

 No Charge for  CT Valley Chapter Members
$25.00 for Non-Members
We are unable to accept credit cards. Payment is appreciated in advance or pay by check or cash at the door.
Checks Payable to:  CT VALLEY RIMS
Mail to: