Navigating Coverage and Risk for Commercial Catastrophic Insurance

This webinar will explore the foundational insurance concepts related to the “big four” major catastrophic perils: Flood, Windstorm, Fire and Earth Movement (Earthquake). Panelists will break down key aspects of these insurance coverages, including coverage limits, deductibles and policy terms and conditions of policies, while examining availability of coverage, exclusions, endorsements, and specific requirements that can impact how claims are processed and paid.

Attendees will learn about concentration analysis with a focus on identifying risk accumulation in specific geographic areas or among similar types of properties. They will also discuss how risk modeling helps insurers forecast the financial impact of natural disasters by utilizing historical data and predictive tools.

Date/Time:

• Monday, July 21 (2:00 PM - 3:00 PM ET)

Objectives:

• Understand the key components of catastrophic insurance coverage for Flood, Windstorm, Fire and Earth Movement (Earthquake) insurance policies
• Identify common exclusions and endorsements and understand how these elements affect the scope and effectiveness of insurance coverage
• Explore concentration analysis, focusing on risk accumulation in specific geographic regions or property types 
• Discover how insurers use historical data and predictive tools to assess and model the financial impact of natural disasters 

Experience Level: 

• Entry-Level
• Intermediate

Target Audience:

• Commercial Servicing Professionals
• Insurance Analysts
• Compliance and Risk Management Professionals

Speaker(s):

• Kathleen Dufraine, Managing Director, Insurance Operations Executive and Head of the Corporate Flood Program, JP Morgan Chase
• Chas Hruska, Senior Director – Real Estate and Hospitality, Gallagher
• Rachel Vaccaro, AVP Insurance Manager, Colliers Mortgage
• Heather Wright, Shareholder, Buchalter