Page 16 - 2022 Mid-Year Program Book

WORKSHOPS & P ANELS

Monday, May 2 Tuesday, May 3

Program Administrator Town Hall: Women’s Networking Group Lunch –
PA/Carrier Contracts – Protecting Your Future Preparing Future Leaders
2:00 PM – Commonwealth Ballroom, 11:45 AM – Harbor Ballroom 1,
Concourse Level Conference Level
Moderator: Greg Thompson, PA Consultant Moderator: Heidi Strommen, ProHost USA

Rekha Skantharaja, Tangram Lisa Doherty, Business Risk Partners
Dan Beaudette, NFP Amy Malanaphy, Allianz
Martin Ween, Wilson Elser Stacy St. Onge, Smith & Wilkinson

As the insurance industry changes with new capacity and Rising Stars: Krissy Kyjovsky, Katie Vespia,
technology, and as PA valuations continue to soar, the risks Ann McColgan, Joan Bauer
and rewards contained in contract language have risen for
both program administrators and carriers. This workshop Hear from three experienced panelists as they share
will explore the critical elements of these contracts from the secrets to success of women leaders. These leaders
both the PA and carrier perspectives, and factor in evolving will lower the ladder to rising stars as they inquire about
changes in these legal documents. The fast-growing area of techniques for achieving career goals, self-promotion,
fronting carriers and the resulting impact on PA contractual mentorship, bridging the gap, and steps to address DE&I
exposure to risk will also be touched upon. during an interview.
Attendees should expect to gain valuable insight into
identifying critical issues where both sides might reach an Assessing Financial Strength of Fronting
impasse, and alternative approaches that are more likely to Companies & Reinsurers
satisfy both parties. 2:00 PM – Commonwealth Ballroom,

Key topics will include, but not be limited to: Concourse Level
• Ownership of Information David Paul, ALIRT Research
• Expirations Pete Chandler, BMS Re US
• Claims Data Over the past several years, as P&C insurance rates began

• Rates/Forms to rise and legacy insurers became more selective about
their program activity, the fronting model has gained in
• Hold Harmless/Indemnification
popularity. ALIRT notes that eight new U.S. insurers have
• Exclusivity entered the fronting market over the past five years, with a
• Compensation number established over just the past year and a half.

• Termination/Suspension Given the potential attractiveness of the fronting model to
program administrators seeking to establish more “sticky”
• Financial Guarantees to Carrier
insurance partners as well as to access alternative pools of
• Run-Off Provisions capital that can lie behind the fronting carriers (reinsurance
Administrators and carriers are encouraged to bring their and alternative), ALIRT is offering to present on this topic.
questions and experiences to share and discuss. The presentation will address the following topics:

• Types of fronting carriers (i.e., full-time fronts, partial
fronts)

• List of active fronting insurers and ownership
• Ratings profile

TMPAA 2022 Mid-Year Meeting 13