Page 24 - 2025 Mid-Year Program Book

PRESENT A TIONS

Parametric Insurance Panel

Wednesday, May 7 | 4:00 PM | Imperial Ballroom

Join us for a panel discussion on an innovative approach to risk management: Parametric Insurance. Unlike
traditional insurance, which requires detailed scrutiny of every loss, parametric insurance offers quick,
transparent payouts based on predefined conditions. These triggers are activated when specific events occur—
such as natural disasters, weather events, or other measurable occurrences—leading to swift payments and
flexibility in how funds are used to offset financial loss.
Businesses, governments, and even individuals are increasingly turning to parametric insurance for a more
efficient, flexible form of coverage against specific risks. Real-life examples will be shared, highlighting how this
approach is already making an impact.
With advancements in technology and data analytics, the future of parametric insurance is bright. It promises faster,
more accurate solutions across a range of industries. Don’t miss this opportunity to hear from industry experts
about how parametric insurance is evolving and its potential to transform the landscape of program insurance.

Moderator:
Bob Kimmel, K2 Insurance Services
Bob Kimmel holds the operating senior leadership position of K2 Insurance Services
since its establishment in 2011. He has over 20 years of experience in the P&C
Insurance industry. Prior to forming K2, Bob was Executive Vice President of Guy
Carpenter & Company’s Program Manager Solutions Group Specialty. In this role, Bob
was responsible for growing all revenues associated with MGAs. In addition to MGAs,
Bob maintains deep relationships with management teams of numerous issuing
companies interested in program business. He holds a bachelor’s degree in finance
from Arizona State University.

Panelists:
Scott Carpinteri, K2 Parametric
Scott Carpinteri is President of K2 Parametric Insurance Services, LLC, which is an
MGA specializing in Parametric Insurance solutions for commercial and public entity
clients. He has 30 years of insurance industry experience where his past rolls include
Alternative Risk transfer in both insurance and reinsurance, reinsurance treaty
underwriting, reinsurance treaty pricing, and even some personal lines experience.
Scott has been involved in the Parametric Insurance space for over 10 years and
thoroughly enjoys working with brokers, buyers, and others to build understanding
of this unique approach to risk transfer. He likes to say that Parametric Insurance
involves three key components: education, education, and education. He feels
fortunate to have spent over half of his career in roles which involve creatively
solving client needs by combining technical knowledge with innovative solutions. He strives to take otherwise
complex topics and present them in an easy-to-digest framework which adds value to all parties to a transaction.
Scott has also earned the designation, Associate of the Casualty Actuarial Society.

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