Property Insurance Program Potholes by Jill Dalton

Property insurance policies are very complex documents.  When putting together programs and policies to cover an organization’s physical assets and resulting time element losses, there are common “potholes” in these contracts that risk managers need to be aware of.  Many of these can be eliminated with thorough negotiation, communication and documentation of the coverage terms and conditions.  This program will help risk managers identify, avoid and fix the common potholes and minimize surprises in the event of a loss.

Jill Dalton is the leader of the firm’s Property Claims Preparation, Advocacy and Valuation Group This group is responsible for delivering the following services:
• Property Claims Advocacy
• Complex Claims Preparation
• Rapid Response following catastrophic losses
• Valuations which includes Business Interruption & Asset Valuations
• Crime & Fidelity
• Cyber Evaluation Risk Quantification
Jill is a member of the Aon Global Risk Consulting Risk Control and Claims Leadership Committee.

Plan to join your fellow Risk Management peers at the October luncheon meeting. Whether you were directly impacted or not with the recent storms, a more detailed review of your Property program may be warranted.

Date: Wednesday, October 11, 2017

Registration begins: 11:30am / Lunch and session: 12:00 to 1:00

Place: Byron's South End at 101 W Worthington Ave. Suite 180 Charlotte NC

Cost for Members: 30.00 / Cost for Non-Members: 35.00

The Rise of Commercial Drones – Risks, Regulations and Insurance

By 2020 it’s conservatively estimated that at least 2.7 million drones will be operating in U.S. airspace for commercial purposes.  The potential commercial uses for drones cuts across almost all industry sectors – from agriculture, engineering and construction to media, security and manufacturing.  With the new drone frontier comes evolving regulations and new insurance risks.  This talk will provide an overview of the regulatory environment, how the insurance marketplace is responding and ways for businesses to minimize the potential impact of drone risks. Presented by Alexander Hardiman, a Pillsbury partner, has successfully litigated, arbitrated and settled hundreds of complex insurance coverage claims. Alex represents and advises corporate and individual policyholders in insurance coverage matters, including commercial general liability claims, direct and officers’ insurance, fiduciary liability insurance, errors and omissions insurance, and property insurance issues. He has extensive experience helping clients secure policy coverage for defense of class actions and product contamination and environmental hazard cases, as well as for governmental actions including antitrust claims and SEC investigations.

Join us for our first luncheon of the 2017-2018 Carolinas RIMS season at Byron's South End.

Date: Wednesday, September 13, 2017
Registration begins: 11:30am / Lunch and session: 12:00 to 1:00pm
Place: Byron's South End at 101 W. Worthington Ave., Suite 180 Charlotte, NC
Cost for Members: $30 / Non-Members: $35

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2017 Southeastern RIMS Educational Conference

AHOY all ye buccaneers, swashbucklers and pirate lovin' souls! The 48th Annual Southeastern RIMS Educational Conference - Hidden Treasures of Risk Management - is ready to set sail and we'll be countin' on you to be part of our krewe! This event is hosted by the Palmetto RIMS Chapter.

We'll be anchored at the Francis Marion Hotel from September 20-22, just a stone's throw from historic Charleston harbor. Life is short and merry, so register early...or be prepared to walk the plank!

Sep 20 - 22, 2017
1:00 PM - 1:30 PM
Francis Marion Hotel
387 King Street
Charleston, South Carolina 29403

For more info and registration, please visit Palmetto RIMS.

A message from App State

"Please pass along our thanks from everyone at AppState for another fantastic RIMS Shadow Day experience!  Our students had a great day and really appreciated the opportunity to "shadow" last Friday and learn more about the tremendous opportunities within the industry."

https://www.facebook.com/App-State-Gamma-Iota-Sigma-204467396297847/

Greg M. Langdon, Associate Director
Brantley Risk & Insurance Center
Appalachian State University

How to Show the Value of Your Risk Management Department During Corporate Transactions

Presented by Tom Ports, Jr.  Tom is a senior associate in Reed Smith LLP’s insurance recovery group.  Tom regularly contributes to corporate due diligence by assessing target companies’ available insurance to understand the coverage available for identified risks.  Tom also has an active nationwide litigation practice representing policyholders and other clients in all stage of complex litigation, through trial and appeal.

Tom will discuss demonstrating and adding value to corporate transactions as a risk manager, including identifying risks during the due diligence process, evaluating the insurance available to deal with ongoing or outstanding risks and addressing insurance concerns, and minimizing or accounting for risk when drafting deal terms

Date: Thursday, April 13, 2017

Registration begins: 11:30am / Lunch and session: 12:00 to 1:00

Place: Byron's South End at 101 W Worthington Ave. Suite 180 Charlotte NC

Cost for Members: 30.00 / Cost for Non-Members: 35.00

Sign up for Shadow Day - March 31, 2017

The Carolinas RIMS Chapter is pleased to once again host Shadow Day on March 31, 2017 for rising Risk Management professionals from our partner universities (Appalachian University and UNC Charlotte). This is an opportunity for the Carolinas RIMS Deputy and Associate members to spend time mentoring students who have expressed an interest in the Risk Management arena including Broker, Claims, Risk Manager and Underwriting roles. This is a great way to attract talent in the Risk Management industry which is seeing its established workforce approaching retirement.

The students will designate their first and second choice fields and the goal will be to match up the student with a Deputy or Associate member whose company can showcase “a day in the life of” their selected profession. The day will end with a dinner for all participants where the students will give a brief overview of their experience.

Agenda:

8:00am – 9:00am: Meet/Depart with your student

Compass Group Offices, 2300 Yorkmont Road, Building 1, Charlotte, NC 28217

4:00pm – 6:00pm: Dinner/Student Presentations

Byron’s at South End, 101 West Worthington Avenue, Suite 180, Charlotte, NC 28202

On behalf of the Carolinas RIMS Board, we thank you for your consideration of this educational event which the students rely on for practical experience as they evaluate their future career choices.