2017 Energy Risk Symposium

This one-day conference for clients and prospective clients will address the latest risk management issues facing companies in the upstream, midstream, downstream, and service sectors.  

Date: 
Tuesday, January 17, 2017

Timeline of Symposium:


7:30 - 8:00

Breakfast & Networking

8:00 - 8:30

Welcome & Introduction
Bruce Jefferis, James Loucks, Aon

8:30 – 9:00

Tax Reform Blueprint: Implications for the Energy Sector
U.S. Congressman Kevin Brady
Congressman Brady is the newly appointed Chairman of the House Ways and Means Committee - - considered by many to be the most powerful committee in Congress with jurisdiction over taxes, health care, Social Security, Medicare, international trade and welfare. Congressman Brady will be leading the congressional effort on tax reform in the coming term, which as proposed will have significant impact on personal and corporate taxes as well as imports, exports and energy. 

9:00 – 9:25

Casualty
Wayne Kearney, Stephanie Vogel, Aon
Review of changes in the casualty marketplace, how they may affect the 2017 renewals, and using analytics in your risk assessment and underwriting process.

9:25 – 9:50

Onshore Property
Robert Robinson, Kurt Tentinger, Aon
Review of market fundamentals, emerging risks, and risk quantification.

9:50 – 10:15

Energy Package
Bill Farnan, John Keely, Mark Owen, Aon
Learn how the utilization of modeling tools, allied with a data driven approach and analytics is changing the way many clients are structuring their risk management programs.

10:15 – 10:30

Break

10:30 – 10:55 

Directors' and Officers' Liability
Adrienne Diaz, Tony Fanale, Aon
Learn about directors' and officers' liability coverage, its restrictions, litigation and pricing trends for the energy industry, as well as discussions surrounding mergers and acquisitions, regulatory investigations, shareholder activism and other claims or litigation brought against directors and officers of energy companies.

10:55 – 11:25

Surety
Addie Danos, Paul J. Goodwine, Looper Goodwine; Russell Brown, IndemCo; Wes Raska, Argo Surety; Bruce Young, Aon 
Detailed discussion on the process and timelines for the BOEM's Notice to Lessees regarding P&A Liability. We will discuss the requirements along with market solutions and our view on how to maximize your credit alternatives. This will also include a round table discussion with leading oil & gas surety liability providers.

11:25 – 11:55

Effect of Political Change to our Industry
Karen Alderman Harbert, U.S. Chamber of Commerce; Bridget Gainer, Aon; Robert Hickmott, The Smith-Free Group
Discussion on interesting election outcomes, and the ramifications to the energy and insurance industries.

11:55 – 12:20

Lunch 

12:20 – 1:00

Luncheon Speaker - James Trainor, Aon
Cyber Threat Landscape for 2017
Mr. Trainor will discuss the surge in Cyber Crime over the past decade and how the threat environment may evolve in 2017 and beyond.  As a former head of Cyber Crime for the FBI, Mr. Trainor will supply advice to our audience as to what steps to take in the case of a breach. 

1:15 - 3:15


Breakout Sessions 1:15-3:15, Main Dining Room
30 minutes on each topic, repeated four times

Advances in fire and explosion modelling for insurance purposes
Tom Anthoni, Robert Robinson, Aon
Ensuring realistic EMLs for both construction and operational risks can impact insurance program structures and ultimately costs. We will explain some of the current insights into explosion modelling and show how these are incorporated into a new Aon modelling tool, known as ALERT (Aon Loss Estimating Risk Tool), and how the outputs align with some of the actual losses suffered by the industry.

Credit Insurance – protection for uncertainties in both domestic and global trade
Michael Glaser, Aon
Examining potential impact of recent elections on trade both domestically and globally, and how credit insurance can help provide companies with confidence dealing with constantly evolving global economies.

Cyber Risk
Morgan Bjerke, Stroz Friedberg; Mark Webster, FBI; Nolan Wilson, Aon
Understand Aon Cyber Solutions group’s capabilities from cyber consulting, incidence response as well as available insurance solutions

Exotic risks and insurance solutions
Curtis Ingram, John Minor, Aon
Specialty products that address counterparty, political and security risks at home and abroad. 

Oil Insurance Limited
Bertil Olsson, OIL
Member meetings

Property and casualty analytics to aid data driven risk decisions
Ron Hajjar, Stephanie Vogel, Aon
Expanding needs for analytics continues to drive additional innovations to support risk decisions.  We will facilitate a discussion on the latest in analytical approaches, including business interruption/supply chain, NatCat, and claims.

Surety – tailoring a financial assurance solution
Addie Danos, Paul J. Goodwin, Looper Goodwin; Bruce Young, Aon
We will facilitate a discussion on various topics including: creating a tailored solution, credit alternatives, working interest partner issues and analyzing and appealing decommissioning assessments from Bureau of Safety and Environmental Enforcement (“BSEE”). 

Transaction Liability
Matthew Wiener, Aon
Mr. Wiener will discuss transactional-based risk solutions, including the deployment of insurance capital for M&A transactions through representations and warranties, litigation, tax and other contingent liabilities insurance.

Using captives to unlock value to the business
Kevin Malbon, Mark Owen, Aon
Looking at how other businesses have successfully used captives to deliver real business value and how this is relevant in the energy market.

1:30 – 4:00


Client/Underwriter Meetings - 1:30-4:00, Ballroom
Please reach out to your Aon representative to schedule meetings with our sponsors 
AIG, Allianz, Ascot, Chubb, Liberty Mutual, Navigators, Old Republic Risk Management, QBE, SCOR, Starr Companies, Swiss Re, Talbot, The Hartford, XL Catlin, Zurich
 

 3:00 - 6:00

 Cocktails and Networking, Main Dining Room 

Location: 
River Oaks Country Club
1600 River Oaks Blvd.
Houston, TX 77019

Continuing Education - no prerequisites:
Texas CLE - 3.75 accredited hours
Texas CPE - 5 hours of CPE credit

Registration:
Space is limited, for details on registration please email Lisa Dark.

Questions?
For questions about this notable event, please contact Lisa Dark at 
832.476.5828.